- Century assets generated nil EBITDA in 2QFY20, impacting UTCEM’s profitability by 10%.
- EBITDA/t was down to INR1,021 (INR1,131 excluding Century) in the quarter.
- Successful turnaround of the other two acquisitions – JPA and Binani.
- With limited capex needs going forward, strong FCF generation (~7% yield) will likely drive deleveraging and 550bps improvement in RoE over the next two years.
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
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