Q4FY21 Result Update - AIA Engineering - ICICI Direct

AIA Engineering reported consolidated revenues at Rs. 860.2 crore (in line with our estimate of Rs. 859.6 crore), up marginally by 0.4% YoY owing to decline of 3.3% in volumes YoY. Realisations grew 6% to Rs. 107.1/kg YoY. EBITDA came in at Rs. 169.2 crore, down 8.4% YoY (vs. our estimate of Rs. 190.8 crore). EBITDA margins fell 190 bps YoY to 19.7% (below our estimate of 22.2%) impacted by commodity prices. PAT came in at Rs. 133.1 crore (below our estimate of Rs. 158.6 crore), declining 6.5% YoY partly impacted by lower other income, which declined 20.4% YoY to Rs. 23.2 crore.

For details, click on the link below: Link to the report

Shares of AIA ENGINEERING LTD. was last trading in BSE at Rs.1940 as compared to the previous close of Rs. 1899.5. The total number of shares traded during the day was 15581 in over 436 trades.

The stock hit an intraday high of Rs. 1940 and intraday low of 1891.05. The net turnover during the day was Rs. 29700057.

Source : Equity Bulls

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