Gateway Distriparks Q4 Review - Rail Ebitda A Positive Surprise: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Gateway Distriparks Ltd.’s Q4 FY21 result witnessed higher than expected topline and Ebitda.Topline at Rs 3.5 billion was up 17% YoY (our estimate 3.2 billion) and Ebitda was up 48% YoY.Rail segment Ebitda/twenty-foot equivalent surprised with 32% YoY and 10% QoQ jump in Ebitda/teu to Rs 9,926/teu.An increase in rail share for export-import transportation continues to help players like Gateway Distriparks.Net debt continues to reduce from Rs 4.9 billion to Rs 4.4 billion QoQ.Management reiterated its plans to spend approximately Rs 2 billion of capex for satellite terminals around the National Capital Region to help increase the company's market share..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Gateway Distriparks Q4 Review - Rail Ebitda A Positive Surprise: ICICI Securities

Gateway Distriparks Q4 Review - Rail Ebitda A Positive Surprise: ICICI Securities

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