The revenue is in line with our estimate of Rs6,725 crore. The Operating Profit Margin (OPM) contracted by 210BPS YoY to 11% (as against our estimate of 12%), owing to commodity inflation, discounts to clear old BS-III inventory and an adverse product mix. Consequently, the EBITDA contracted by 7% YoY to Rs730 crore as against our estimate of Rs806 crore.
Gaurav Dua, head of research at Sharekhan said, “Despite so many new launches by peers, the company has maintained its market share. This clearly shows its strong positioning in the passenger vehicle segment.”
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Jaideep Arora | 00056252 | jaideep@sharekhan.com | Director | 01 Oct,2010 |
| Shankar Keshava Vailaya | 00090509 | shankar@sharekhan.com | Whole-time director | 21 Sep,2001 |
| Jean Christophe Marie Gougeon | 02561258 | jean-christophe.m.gougeon@asia.bnpparibas.com | Director | 23 Nov,2016 |
| Ambaresh Murty | 03279054 | ambareesh.m@pepperfry.com | Director | 17 Feb,2017 |
| Franciska Maria Godelieve Decuypere | 06869435 | franciska.decuypere@bnpparibas-personalinvestors.com | Director | 23 Nov,2016 |
| Gowri Thyagarajan | 07029599 | gowri.tyagranjan@gmail.com | Director | 17 Feb,2017 |
| Varun Sridhar | 07562708 | varun.sridhar@bnpparibas.com | Director | 23 Nov,2016 |
| Thomas Zink Jean | 07626733 | thomas.zink@bnpparibas.com | Director | 23 Nov,2016 |
| Beatrice Therese Dunurgier | 07650562 | beatrice.cossa-dumurgier@bnpparibas.com | Director | 23 Nov,2016 |
| Stefan Johannes Groening | 07657587 | stefan.groening@consorsbank.de | Director | 23 Nov,2016 |
| Alain Pascal Papiasse | 07672704 | alain.papiasse@bnpparibas.com | Director | 17 Feb,2017 |
| Hugues Noel Maisonnier | 07675507 | hugues.maisonnier@bnpparibas.com | Director | 17 Feb,2017 |
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