
Desi Wall Street
February 6, 2025 at 01:38 PM
*Manoj Vaibhav Gems N Jewellers (MVGJL)*
_Q3 Performance_
▪️Revenue 498 Cr vs 475 Cr YoY (Q2 at 642 Cr)
▪️EBITDA 38 Cr vs 34 Cr YoY (Q2 at 45 Cr)
▪️EBITDA margin 7.6% vs 7.1% YoY vs 7% in Q2
▪️PAT 25 Cr vs 19 Cr YoY (Q2 at 27 Cr)
Good YoY performance, slightly below expectations QoQ
Margins strong and improving further💪
Opening new Jewellery Store in Andhra Pradesh
9MFY25 PAT at 74 Cr
*On track to do 100 Cr PAT for FY25*
*FY26E PAT 130 Cr*
*Trading at just 13.5x FY25EEPS & 10.5x FY26EEPS*
https://x.com/desiwallstreet/status/1887489946052927808?t=ROvAob5wFb1xHY1cQhLZSQ&s=19
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