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Quarterly Analysis: Bartronics India Limited (BIL)
Research report by '
Ventura Securities Ltd
'
BSE Code:
NSE Code:
fiogf49gjkf0d
Bartronics India Limited (BIL) has declared mixed results for the quarter ended September 2008. Though the revenues are better than expectations, profits have been below our estimates.
Bartronics has reported an impressive growth (way above our expectations) of 137% in its net turnover at Rs 160.7 crore from Rs 67.8 crore in the corresponding quarter of the previous year. However profit growth has been a bit muted (below our expectations) with a YoY jump of 63% from Rs 12.5 crore in Q2FY08 to Rs 20.4 crore in Q2FY09. OPM margins were also down by more than 400 bps from 23.5% to 19.4%.
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Annual Reports
Bartronics India Limited
( Report year:
)
Story Board
Bartronics has target of Rs 166-167: Sukhani
8/27/2009 10:52:52 AM
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