DSIJ Mindshare

Quarterly results: Inox Leisure Ltd

Standalone Results Q2FY17: (Rs. in crore)


***EBITDA margin change is bps

INOX Leisure's Q2FY17 numbers have come in lower than our estimates. Revenue has come in 13.6% lower than the estimate of Rs 344 cr. EBIDTA is lower by 51.3% compared to the estimate of Rs 55 cr. And net profit stands 92.3% lower than the estimated figure of Rs 21 cr.

Revenue for the quarter has decreased 3.6% yoy to Rs 297cr. 

EBITDA has declined by 52.6% yoy to Rs 27 cr  and EBITDA margins have fallen by 942 bps yoy to 9% yoy. This was due to increase in employee benefit cost and other expenses by 22% and 12%, respectively.

Net profit has decreased by 90.5% yoy to Rs 2 cr.

Technical View: 

Inox Leisure Ltd., is currently trading at Rs. 261.4, down by 5.2 points or 1.95% from its previous closing of Rs. 266.6 on the BSE.
The scrip opened at Rs. 267.1 and has touched a high and low of Rs. 269.2 and Rs. 261.4 respectively. So far 81994(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 50 DMA.

DSIJ MINDSHARE

Mkt Commentary28-Mar, 2024

Mindshare29-Mar, 2024

Multibaggers28-Mar, 2024

Interviews28-Mar, 2024

Multibaggers28-Mar, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR