La Opala

By Research Desk
about 10 years ago

 

 

La Opala RG is a manufacturer and marketer of life style products in tableware segment, mainly in glass, opal and crystal. The market is enthused because it posted a set of very good set of numbers for Q4FY15. Net sales rose 25% (YoY) at Rs.60 crore and net profit was at Rs.11 crore, up 37%. EBITDA for the quarter was at Rs.17 crore, up 21% and margins fell from 28.65% to 27.87%. And it ended FY15 with a net profit of Rs.42 crore, up 40%.

The company’s equity stands at Rs.11.10 crore and reserves is at Rs.174 crore. The company is virtually debt-free. Market cap is at Rs.2300 crore. FII holding in the company has risen from 5.72% to 9.42% (QoQ) while DII holding has reduced marginally from 1.9% to 1.79%. Promoters stake is at 65.08%.

315.35 (-1.95)