Q3FY24 –Performance – Good Nos.
-Topline & bottomline Strong
-EBITDA margin improved by 90 bps
-EBITDA up by 29% in YoY
-Forwarded PE: 62 (Good as per Industry benchmark)
-India’s largest luxury and premium watch retail player.
-Already launched 6 new brands in FY24.
YoY Rev at 281Cr vs 230Cr22.3%
QoQ Rev at 281Cr Vs 235Cr19.5%
9M ended Rev: 747Cr Vs. 581Cr28.7%
YoY PAT at 25.5Cr vs 20.6Cr 23.3%
QoQ PAT at 25.5Cr Vs 18.6Cr37.2%
9M ended PAT: 62Cr Vs. 47Cr31.5%
Q4EPS at 10.8 Rs vs 9.5 Rs Vs. 7.9
9M ended EPS: 26.4 Vs. 21.7