Capital is bullish on Dolat Innoventive Industries has recommended buy rating around the actions you want to RS 140 7 in the February 2012 research report. ? Innoventive Industries (IIL) protected profit at Rs198mn (up 5% qoq), beautiful, has down slightly from Rs 208mn was due th through cooperation? Here interest figure Consolidated sales grew by 5% on the previous quarter to at least one.97 rs (Dolat is. Rs 2.12bn), led mainly by strong increase in the tubes and the goods segment. Turnover inside the pipes and OCTG and product lines experienced strong expansion of 48.8% year on year above the previous year and 55.2% to Rs 1113 and Rs 271mn are mn. EBITDA increased? Hte by 6.9% on the previous quarter mn to Rs 510th EBITDA margins by 130bps QoQ to 25.9% a result of the accentuation, the share of R? Hre top and OCTG business? Ft erh? Ht. Interest expense increased by 12.7% in the previous quarter on account of h? Herer interest rates on loans Forex. ” ? Sales volumes for ERW pipes on the CEW fell by 6.7% and 0.4% sequentially to 5970 tons and 7969 tons. Success for AI and ERW pipes grew 3.8% over the previous quarter and 4.9% QoQ respectively. Each strip panel volume grew by 9.2%, w? Through the performance by 16.8% quarter on quarter to Rs 67154per ton. Exports have doubled over the last 9 months and IIL is currently 25% of sales. Net revenues increased quarter on quarter from 7.4% to Rs 1.59bn autonomous and EBITDA by 22.5% to Rs 403mn. EBITDA margins improved by 310bps sequentially to 25.2%. Interest expense increased? Hten by 14.8% quarter on quarter to Rs 147mn. The tax rate increased sequentially by 290bps to 19%. Standalone PAT grew 16% quarter on quarter to Rs 172mn. LII them from fulfilling that capacity? The tubes with the CEW tserweiterung of 3x to June 2012 and expects how the capacity? Tsauslastung reach of 65% in FY13. ” “We’re going to continue our positive sight on leadership LII Givens co t in tubes from the CEW pilgrims through process innovation and value to create virginity? Graphs of M? Markets because of their products will be. We expect LII the result CAGR of 37% over FY11-13E by expansion in tubes on the CEW, the strong attraction of OCTG products and lower interest costs out report. We maintain our BUY on LII an objective of the cooperation ofCapital is bullish on Dolat Innoventive Industries has recommended buy rating around the actions you want to RS 140 7 in the February 2012 research report. ? Innoventive Industries (IIL) protected profit at Rs198mn (up 5% qoq), beautiful, has down slightly from Rs 208mn was due th through cooperation? Here interest figure Consolidated sales grew by 5% on the previous quarter to at least one.97 rs (Dolat is. Rs 2.12bn), led mainly by strong increase in the tubes and the goods segment. Turnover inside the pipes and OCTG and product lines experienced strong expansion of 48.8% year on year above the previous year and 55.2% to Rs 1113 and Rs 271mn are mn. EBITDA increased? Hte by 6.9% on the previous quarter mn to Rs 510th EBITDA margins by 130bps QoQ to 25.9% a result of the accentuation, the share of R? Hre top and OCTG business? Ft erh? Ht. Interest expense increased by 12.7% in the previous quarter on account of h? Herer interest rates on loans Forex. ” ? Sales volumes for ERW pipes on the CEW fell by 6.7% and 0.4% sequentially to 5970 tons and 7969 tons. Success for AI and ERW pipes grew 3.8% over the previous quarter and 4.9% QoQ respectively. Each strip panel volume grew by 9.2%, w? Through the performance by 16.8% quarter on quarter to Rs 67154per ton. Exports have doubled over the last 9 months and IIL is currently 25% of sales. Net revenues increased quarter on quarter from 7.4% to Rs 1.59bn autonomous and EBITDA by 22.5% to Rs 403mn. EBITDA margins improved by 310bps sequentially to 25.2%. Interest expense increased? Hten by 14.8% quarter on quarter to Rs 147mn. The tax rate increased sequentially by 290bps to 19%. Standalone PAT grew 16% quarter on quarter to Rs 172mn. LII them from fulfilling that capacity? The tubes with the CEW tserweiterung of 3x to June 2012 and expects how the capacity? Tsauslastung reach of 65% in FY13. ” “We’re going to continue our positive sight on leadership LII Givens co t in tubes from the CEW pilgrims through process innovation and value to create virginity? Graphs of M? Markets because of their products will be. We expect LII the result CAGR of 37% over FY11-13E by expansion in tubes on the CEW, the strong attraction of OCTG products and lower interest costs out report. We maintain our BUY on LII an objective of the cooperation of T RS 140 (7x FY13EPS), “the report said research Dolat Capital. Hero business organizations in 50% in Indian cos Disclaimer: The views and advice from investment professionals, investment and brokerage firms, rating agencies have expressed on moneycontrol.com their particular situation, liked t than that of the website or its management. Moneycontrol.com advises users to find out with certified experts with regards to making investment decisions. T RS 140 (7x FY13EPS), “the report said research Dolat Capital. Hero business organizations in 50% in Indian cos Disclaimer: The views and advice from investment professionals, investment and brokerage firms, rating agencies have expressed on moneycontrol.com their particular situation, liked t than that of the website or its management. Moneycontrol.com advises users to find out with certified experts with regards to making investment decisions.
