Consolidated EBITDA Margin 10.94% in FY17as against 9.41% in FY16

Minda Industries posted stupendous results for Q4 FY17 & FY2016-17. MIL consolidated has posted record revenues of Rs 3505 Cr with highest ever Margin (EBITDA per cent) of 10.94 per cent and PAT (after MI) of Rs 168 Cr. For Q4 2016-17 the consolidated revenues stood at Rs 948 cr with EBITDA of Rs 111 cr (EBITDA margin 11.69 per cent) and PAT (after MI) of Rs 58 cr (Highest Ever, crosses Rs 50 Cr for the first time). The consolidated revenue stood at Rs 3505 Cr for FY2016-17 as against Rs 2527 Cr in FY16 recording a growth of 39 per cent YOY. Consolidated EBITDA of the consolidated entity stood at Rs 384 cr for FY17 as against Rs 238 cr. for FY16, a growth of 61 per cent YOY. EBITDA margin has expanded by 153 basis points to 10.94 per cent for FY2016-17 from 9.41 per cent for 2015-16. PBT (before exceptional Item) for the consolidated entity grew to Rs 222 Cr for FY17 as against Rs 133 Cr for FY16, growth of 67 per cent YoY. PAT (after Minority Interest) increased by 51 per cent YoY to Rs 168 Cr in FY17 from Rs 111 Cr in FY16. PAT (after MI) margin at 4.80 per cent in FY17 from 4.40 per cent in FY16, an expansion of 40 bps. EPS for the company for FY 2017 ? 21.08 per share as compared to Rs 13.99 per share in FY16.