ICICI Securities: Gujarat Fluorochemicals’ EBITDA may rise 52% YoY to Rs5bn. Bulk commodity revenues are likely to dip 18% YoY due to fall in caustic soda and chloromethane prices. Fluorochemicals revenue to benefit from ramp-up in R-125. Fluoropolymers revenue to benefit from higher realisation in PTFE; and volume ramp-up in new fluoropolymers. Revenue to grow 34% YoY to Rs14bn. Gross profit margin may dip 230bps QoQ to 70.2% on lower bulk commodity revenue.
EBITDA margin to be at 35% (down 190bps QoQ). Net profit may rise 50% YoY / up 1.1% QoQ to Rs3.3bn.
| Subscribe To Our Free Newsletter |
