Jan 24, 2013, 08.45 AM IST | Source: Reuters

JLR Q3 operating margin to fall, capex to rise in FY14

Jaguar Land Rover (JLR) is likely to report a lower EBITDA margin in the October-December quarter compared with the previous two quarters, the company said on Wednesday, due to exchange rate fluctuations and a higher mix of Evoque sales.

JLR Q3 operating margin to fall, capex to rise in FY14

Jaguar Land Rover (JLR) is likely to report a lower EBITDA margin in the October-December quarter compared with the previous two quarters, the company said on Wednesday, due to exchange rate fluctuations and a higher mix of Evoque sales.

JLR's capital expenditure will rise to 2.75 billion pounds in the fiscal year that begins in April, up from 2 billion pounds in the current year, the company said in a statement, adding that free cash flow for 2013-14 could be negative as a result.

The British luxury brands, owned by India's Tata Motors , will report higher revenue in the quarter that ended in December than in the previous two quarters but similar EBITDA (earnings before interest, taxation, depreciation and amortisation), and will report a negative free cash flow in the period.

JLR reported EBITDA of 486 million pounds in the quarter to end-September, with an EBITDA margin of 14.8 percent.

Tata Motors stock price

On April 17, 2014, Tata Motors closed at Rs 424.50, up Rs 13.30, or 3.23 percent. The 52-week high of the share was Rs 437.70 and the 52-week low was Rs 263.10.


The company's trailing 12-month (TTM) EPS was at Rs 2.61 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 162.64. The latest book value of the company is Rs 59.47 per share. At current value, the price-to-book value of the company is 7.14.

Set email alert for

ADS BY GOOGLE

Buy & sell politicians on Power Play
- the political stock exchange

Price Update

Arvind Kejriwal

1740.37 9.61 0.56%

37552

Bought today

31303

Sold today

0.41%

User holding

video of the day

Add cyclicals, banks on positive poll outcome: UBS

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.