CIPLA Q4:Worst Quarter


CNBC estimate:.      
      Sales 3293cr.                 Ebidta 610cr.
NP 362cr

Our Estimate:
Sales 3000 cr
Ebidta 240cr
NP 80cr
*Sales seen slipping 9%*
Cipla might have provided around 200 cr for inventory write-off.
After considering this one-off also (Ebidta would be 440cr and NP around 240cr) *Cipla margins  seem to be taking big hit*
Worst quarter in so many years.