The Varhad Group. Prag Bosimi Synthetics Ltd. Company Overview. FY15 and recent performance CMP: INR5.56. Stock data. Stock performance (%)
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1 Textiles l BSE Research Prag Bosimi Synthetics Ltd. CMP: INR5.56 Stock data BSE code BSE ID PRAGBOS Face value (INR) 10.0 No of shares (m) 74.4 Market cap (INRm) m avg. daily vol (No) 2,491.6 Free float (INRm) Dividend yield FY15 (%) 0.0 S&P BSE Sensex 26,145.7 Stock performance (%) 52week H/L 7.1/4.0 1M 3M 12M Absolute (%) Relative (%) Shareholding pattern (%) Promoters FIIs DIIs Others 46.91% 0.00% 0.13% 52.96% Relative stock movement Company Overview Prag Bosimi Synthetics Ltd. joint venture between the Assam government and the H B Vyas Group, has restarted polymer production in Feb 2012 after a period of 6 years at an initial investment of INR150cr. The company, the first publicprivate partnership (PPP) project in the Northeast, produces polyester partially oriented yarn (POY) and polyester filament yarn (PFY) with an annual capacity of 36,000tpa in Assam. FY15 and recent performance Company has declared results for a period of 18 months ended Mar 15. Company reported revenue of INR16.0m during the same period. Operating loss of INR57.4m was recorded. Prag Bosimi Synthetics Ltd. recorded net loss of INR370.0m for period of 18 months. Net fixed assets were recorded at INR2,048.8m. Loans and advance of INR194.5 were reported, whereas cash and bank balance was recorded at INR1.8m for the same period. On liabilities side, trade payables was recorded at INR10.6m. Company had an operating cash outflow of INR113.5m during the said period. We have not compared the finances as the reporting of the company had been for 18 months. In Q2FY16, revenue of INR641.1m was recorded. Company reported operating profit of INR66.1 in Q2FY16 against operating loss of INR11.3m in Q2FY15. Company reported net profit of INR23.4m in Q2FY16 against net loss of INR54.0m in Q2FY15. Source: BSE Table 1: Key financials (Y/e March) Mar 12 Sep 13 Mar 15 Sales (INRm) 5.6 1, Dec 2015 YoY Growth (%) # 17, EBITDA (INRm) EBITDA Margin (%) 1, PAT (INRm) * * * EPS (INR) 1.5 * 3.6 * 5.0 * YoY Growth (%) RoE (%) P / E (x) Note: (*) Net Profit/ EPS considered without taking prior period items; (#) Not Applicable; Source: Company, Varhad Research
2 Industry Overview According to Goldman Sachs, India is expected to become the world third largest economy by There is a growing demand in polyester sector. The global supply constraints, substantial price increase and uncertain outlook for cotton availability is creating considerable substitution opportunities for polyester products like polyester filament yarn (PFY) and polyester staple fibre (PSF). "It is expected that polyester will capture around 80% of incremental global fibre demand of around 2.9mtpa over the medium to long term," The global economies are well on their way to recovery after seeing the recession in past couple of years. The India polyester segment is maintaining a compounded annual growth rate (CAGR) of more than 10% for the past two years. Board of Director Table 2: Composition of Board Name Director type Business relationship with company Mr. H.K Sharma Chairman Chairman, Nominee of AIDC, Non Executive Director Mr. Hemant B. Vyas Managing Director Managing Director, Promoter Director Mr. Devang H. Vyas Director Non Executive Mr. M. K Das Director Non Executive and Independent (AIDC) Mr. Girindra Mohan Das Director Non Executive and Independent Shmt. Deepali Pathak Director Non Executive and Independent Mr. Rohit Doshi Director Non Executive and Independent Note: AIDC: Assam Industrial Development Corporation; Source: Company Key Strength and growth drivers PBSL is the only Polyester yarn plant in the entire North east as well as West Bengal, Bihar, Orissa, UP and Punjab and thus it has a huge domestic market at its disposal. Being located in Assam, PBSL can explore the SAARC countries market like Bangladesh, Nepal, Bhutan and Sri Lanka which have huge demand for POY. Further, SAFTA agreement makes the member countries extremely viable option for Exports and PBSL is expected to derive benefit from them due to its location in Assam. PBSL has also received a formal approval from Assam Industrial Development Corporation Limited to set up a Textile Park. Risk and concern The yarn produced by PBSL is an intermediary product, and is dependent on other segments of industry in value chain. The other threats to the segment in which the Company operates are pricing of raw materials Interim Performance During Q2FY16, revenue increased by times on YoY basis from INR3.1m in Q2FY15 to INR641.1m. On operational front, operating profit of the company increased by 6.84 times YoY from operating loss of INR11.3m in Q2FY15 to operating profit INR66.1m in Q2FY16. Net profit of the company increased by 1.4 times YoY to INR23.4m in Q2FY16 against net loss of INR54.0m in Q2FY15. Table 3: Summary of year to date performance (Consolidated) (INRm) Q2 FY16 Q2FY15 YoY % Q1FY16 QoQ% H1FY16 H1FY15 YoY % Revenue , ,478.6 EBITDA EBITDA Margin (%) PAT Source: Company, Varhad Research 2
3 Competition analysis Table 4: Peer comparison CMP (INR) Mcap (INRm) Rev (INRm) NPM (%) EPS(INR) PE(x) Prag Bosimi Synthetics Ltd * , Alok Industries Ltd 7.1 9, , Konark Synthetics Ltd , Jaybharat Textiles & Real Estate Ltd , , Note: (*) Details for Prag Bosimi are for 18 months and for others 12 months; Source: BSE Financial snapshot Chart 1: Sales trend Chart 2: Margin trend 1,200 1, Sales (INRm) Jan12 Jan13 Jan14 Sales (% YoY, RHS) Jan15 20,000 15,000 10,000 5,000 (5,000) (20) (40) (60) (80) Jan12 EBITDA (INRm) Jan13 Jan14 EBITDA mgn (%, RHS) Jan15 (200.0) (400.0) (600.0) (800.0) (1,000.0) (1,200.0) (1,400.0) Chart 3: EPS trend Chart4: Working Capital Profile EPS (INR) EPS Growth(% YoY, RHS) Debtors TO Stock TO Creditors TO (1.0) (2.0) (3.0) (4.0) (5.0) (6.0) Jan12 Jan13 Jan14 Jan ,000 5,000 4,000 3,000 2,000 1,000 Jan12 Jan13 Jan14 Jan15 Source: Company, Varhad Research 3
4 Financial Summary Profit and loss (INR m) Balance sheet (INR m) Year ending Mar 12 Sep 13 # Mar 15 # Year ending Mar 12 Sep 13 # Mar 15 # Revenue 5.6 1, Net Block 2, , ,084.8 Direct Expense Investments Staff Cost Cash and Banks Balance Other Expenditure Inventory Total Cost , Sundry Debtors EBITDA Loans and Advances EBITDA margin (%) 1, Other Current Assets Depreciation Other EBIT Total Assets 2, , ,419.8 Interest Expenses Gross Debt 1, , ,427.8 Nonoperating Income Trade Payables PBT Provisions & other curr lia Provision for Tax Others PAT Equity Capital 1, Growth % Reserves & Surplus PAT margin (%) 4, ,312.7 Share Application money Minority Interest Minority Interest Extra Ordinary Shareholders' funds 1, PAT (Reported) Total Liabilities 2, , ,419.8 Cash Flow Metrics Ratios, growth and per share analysis Mar 12 Sep 13 # Mar 15 # YoY % change Mar 12 Sep 13 # Mar 15 # Net Profit before tax Revenue * 17, Operating Cash Flow EBITDA ,154.1 Investing Cash Flow Recurring EPS Financing Cash Flow Ratios (%) Net Change in Cash ROE Op.cash and Equivalent ROCE Cl.cash and Equivalent EBITDA Margin 1, Ratio Du Pont Analysis Net Debt/Equity (x) Mar 12 Sep 13 # Mar 15 # Net Debt/ EBITDA (x) Net Profit Margins (%) 4, ,312.7 Inventory days 5, ,540.3 Total Assets Turnover Debtors days ,823.5 Leverage Multiplier Payables day 3, ,281.6 ROAE (%) Total Asset TO ratio Valuation Fixed Asset TO Ratio Mar 12 Sep 13 # Mar 15 # Per share data (INR) EV/Sales EPS reported (diluted) EV/EBITDA Recurring EPS (diluted) P/E (x) DPS P/B(x) Book Value(basic) Dividend yield (%) Wtd avg ord shares (m) FCF yield (%) Wtd avg dil shares (m) Note: (#) Value for 18 months; (*) Not Applicable; Source: BSE, Company, Varhad research 4
5 DISCLAIMER Varhad Financial Consultancy Services Private Limited (Varhad FCS), an entity of the Varhad Group has taken utmost care to ensure accuracy and objectivity while writing this report based on publicly available information or from reliable sources. However, neither the accuracy nor completeness of information contained in this report is guaranteed. Opinions expressed herein are our current opinions as on the date of this report. Nothing in this report can be construed as either investment or any other advice or any solicitation, whatsoever. The subscriber/user assumes the entire risk of any use made of this report or data herein. Varhad FCS specifically states that it or any of its entities or employees do not have any financial liabilities whatsoever to the subscribers / users of this report. This report is for personal information only of the authorised recipient in India only. This report or part of it should not be reproduced or redistributed or communicated directly or indirectly in any form to any other person or published or copied for any purpose. PUBLISHED BY Varhad Financial Consultancy Services (VFCS) is the research and financial consultancy services entity of the Varhad Group. We have one of the best inhouse research team, which has sound understanding of SMEs through clients across India. We provide project specific, company specific and sector specific consultancy services. We help companies expand businesses through network expansion. We also help in balance sheet strengthening and improvement in both credit and business profile of the company. Regd. Office: Flat No. 1, Harsh Apartment, Near Gore Apartment No. 2, Shastri Nagar, Behind Akashwani, Akola Head Office: 441, Samruddhi, Sector 25, PCNDTA, Nigdi, Pune Tel: SEBI Certificate of Registration as Research Analyst Registration No: INH Dated: 25 May
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1QFY2012 Result Update Capital Goods July 25, 2011 Graphite India Performance Highlights Y/E March (` cr) 1QFY2012 4QFY2011 % chg (qoq) 1QFY2011 % chg (yoy) Net sales 319 303 5.1 258 23.3 EBITDA 61 59
More informationMaruti Suzuki India BUY. Performance Update. CMP `6,705 Target Price `8,552. 2QFY2019 Result Update Automobile. Historical share price chart
Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 2QFY2019 Result Update Automobile November 3, 2018 Maruti Suzuki India Performance Update Y/E March (` cr) 2QFY19
More informationCompany Overview. Financial Performance
CMP: 7.89 January 28, 2016 Stock Details BSE code 539046 BSE ID MNKCMILTD Face value ( ) 1 No of shares (m) 66 52 week H/L 18.85/2.33 Market cap ( m) 261 30 days avg vol (No) 12,435 Free float ( m) 89
More informationBata India BUY. Performance Update. CMP Target Price `842. 1QFY2019 Result Update Footwear. Historical share price chart.
Jul-15 Oct-15 Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 1QFY2019 Result Update Footwear July 23, 2018 Bata India Performance Update Y/E March (` cr) 1QFY19 1QFY18 % yoy
More informationS R K Industries Ltd. BSE Scrip Code:
S R K Industries Ltd. BSE Scrip Code: 531307 Textiles March 15, 2013 Equity Statistics Current Market Price Rs. 28.4 52 Week High/Low Rs. 32.65/2.90 Market Capitalisation Rs. Crores 10.71 Free Float Rs.
More informationRallis India SELL. Performance Highlights. `231 Target Price 189 CMP. 2QFY2018 Result Update Agrichemical. Investment Period 12 months
Jan-12 Jun-12 Nov-12 Apr-13 Sep-13 Feb-14 Jul-14 Dec-14 May-15 Oct-15 Mar-16 Aug-16 Jan-17 Jun-17 Nov-17 2QFY2018 Result Update Agrichemical November 21, 2017 Rallis India Performance Highlights Y/E March
More informationRallis India NEUTRAL. Performance Highlights CMP. `215 Target Price - 3QFY2017 Result Update Agrichemical. Investment Period - 3-year price chart
3QFY2017 Result Update Agrichemical January 25, 2017 Rallis India Performance Highlights Y/E March (` cr) 3QFY2017 2QFY2017 % chg (qoq) 3QFY2016 % chg (yoy) Net sales 326 540 (39.7) 306 6.5 Other income
More informationCompany Overview. Financial Performance
Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 CMP: 31.25 December 24, 2015 Stock Details BSE code 523878 BSE ID TOTEX Face value ( ) 10 No of shares (m) 8.1 Market
More informationGAIL India NEUTRAL. Performance Highlights CMP. `363 Target Price - 2QFY2013 Result Update Oil & Gas. Investment Period -
2QFY2013 Result Update Oil & Gas October 26, 2012 GAIL India Performance Highlights Quarterly highlights (Standalone) Y/E March (` cr) 2QFY2013 2QFY2012 % chg (yoy) 1QFY2013 % chg (qoq) Net sales 11,361
More informationBlue Star Ltd BUY. Performance Update. CMP Target Price `754 `867. 4QFY2018 Result Update Cons. Durable. 3-year price chart.
May-15 Aug-15 Nov-15 Feb-16 May-16 Aug-16 Nov-16 Feb-17 May-17 Aug-17 Nov-17 Feb-18 May-18 4QFY2018 Result Update Cons. Durable May 16, 2018 Blue Star Ltd Performance Update 4QFY18 4QFY17 % chg. (yoy)
More informationMusic Broadcast BUY. Performance Update. CMP Target Price `329 `475. 2QFY2019 Result Update Media. Historical share price chart.
Mar-17 May-17 Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 Jul-18 Sep-18 2QFY2019 Result Update Media November 3, 2018 Music Broadcast Performance Update Y/E March (` cr) 2QFY19 2QFY18 % yoy 1QFY19 % qoq
More informationCCL Products BUY. Brewing Steadily. CMP Target Price `300 `360. Initiating Coverage Coffee. January 4, year price chart
5-Jan 5-Apr 5-Jul 5-Oct 5-Jan 5-Apr 5-Jul 5-Oct 5-Jan 5-Apr 5-Jul 5-Oct CCL Products Brewing Steadily CCL Products Limited (CCL) is the largest Indian manufacturer and exporter of instant coffee. With
More informationTV Today Network BUY. Performance Update. CMP Target Price `315 `385. 2QFY2017 Result Update Media. Historical share price chart.
2QFY2017 Result Update Media December 5, 2016 TV Today Network Performance Update Y/E March (` cr) 2QFY17 2QFY16 % yoy 1QFY17 % qoq Net sales 132 126 5.1 137 (3.4) EBITDA 37 38 (2.4) 37 0.4 EBITDA margin
More informationMRF BUY. Performance Highlights. CMP `9,407 Target Price `11,343. Company Update Automobile. Key financials
Company Update Automobile February 22, 212 MRF Performance Highlights Y/E Sept. (` cr) 1QSY12 1QSY11 % chg (yoy) 4QSY11 % chg (qoq) Net sales 2,875 2,167 32.7 2,62 9.8 EBITDA 258 243 5.9 181 42.6 EBITDA
More informationQuick take. Ruchira Papers Ltd. BUY. Creating value through paper. Target Price. Investment Period 12 Months. 3 year daily price chart.
Ltd. Creating value through paper Limited (RPL) manufactures writing paper, printing paper and Kraft paper. The company's white writing and printing paper is used in making notebooks and writing material,
More informationMatrimony.com Ltd BUY. Performance Update. Target Price `1,016. 4QFY2018 Result Update Cable. Historical share price chart.
4QFY2018 Result Update Cable May 7, 2018 Matrimony.com Ltd Performance Update Y/E March (` cr) 4QFY18 4QFY17 % yoy 3QFY18 % qoq Net sales 84 75 12 84 1 EBITDA 20 11 78 17 15 EBITDA margin (%) 23.6 14.8
More informationReligare Investment Call
BUY CMP (Rs) Target Price (Rs) Potential Upside Sensex Nifty 378 430 13.7% 31,159 9,625 Future looks promising Wonderla Holidays Ltd's Q4FY17 result was a mixed bag as the company reported healthy growth
More informationCompany Overview. Financial Performance
Jan/15 Feb/15 Mar/15 Apr/15 May/15 Jun/15 Jul/15 Aug/15 Sep/15 Oct/15 Nov/15 Dec/15 CMP: 43.00 January 11, 2015 Stock Details BSE code 526301 BSE ID MEDINOV Face value ( ) 10 No of shares (m) 9 52 week
More informationMusic Broadcast BUY. Performance Update. CMP Target Price `293 `475. 3QFY2019 Result Update Media. Stock Info Sector Market Cap (Rs cr) Media
Mar-17 May-17 Jul-17 Sep-17 Nov-17 Jan-18 Mar-18 May-18 Jul-18 Sep-18 Nov-18 Jan-19 3QFY2019 Result Update Media January 31, 2019 Music Broadcast Performance Update Y/E March (` cr) 3QFY19 3QFY18 % yoy
More informationCompany Overview. Financial Performance
Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Consolidated Securities Ltd CMP: 78 December 31, 2015 Stock Details BSE code 530067 BSE ID CNSDSEC Face value (र ) 10
More informationAmara Raja Batteries BUY. Performance Highlights. CMP `1,010 Target Price `1,167. 2QFY2017 Result Update Auto Ancillary. 3-year price chart
2QFY217 Result Update Auto Ancillary November 8, 216 Amara Raja Batteries Performance Highlights BUY CMP `1,1 Target Price `1,167 Y/E March (` cr) 3QFY16 3QFY15 % chg (yoy) 2QFY16 % chg (qoq) Net Sales
More informationGreenply Industries BUY. The plywood maker for growing India. Target Price. Initiating Coverage Plywood. 3-year price chart.
Initiating Coverage Plywood March 03, 2018 Greenply Industries The plywood maker for growing India Greenply Industries Ltd (GIL) manufactures plywood & allied products and medium density fibreboards (MDF).
More informationHOLD. Deleveraging story playing out RAMCO CEMENTS. Target Price: Rs 503. Q4 performance
RAMCO S HOLD Target Price: Rs 503 Deleveraging story playing out Ramco Cements total debt reduced by a massive Rs 5 bn to Rs 22 bn in FY16. The company generated total EBITDA of Rs 11.5 bn in FY16 and
More informationGraphite India BUY. Performance Highlights CMP. `93 Target Price `124. 4QFY2012 Result Update Capital Goods. Investment Period 12 Months
4QFY2012 Result Update Capital Goods May 11, 2012 Graphite India Performance Highlights Y/E March (` cr) 4QFY2012 3QFY2012 % chg (qoq) 4QFY2011 % chg (yoy) Net sales 452 437 3.5 304 48.6 EBITDA 83 90 (7.7)
More informationGoodyear India ACCUMULATE. Performance Highlights. CMP Target Price `326 `374. 1QCY2012 Result Update Tyres. Key financials
1QCY212 Result Update Tyres June 6, 212 Goodyear India Performance Highlights Y/E December (` cr) 1QCY212 1QCY211 % chg (yoy) 4QCY211 % chg (qoq) Net sales 331 336 (1.6) 395 (16.2) EBITDA 2 24 (18.6) 34
More informationApollo Micro Systems Ltd
IPO Note Financials Jan 08, 2018 Apollo Micro Systems Ltd Incorporated in 1997, Apollo Micro Systems Limited (AMSL) is a Hyderabad based company engaged in the business of electronic, electro-mechanical,
More informationInox Wind BUY. Performance Highlights. CMP Target Price `390 `505. 2QFY2016 Result Update Capital Goods. 3 year price chart
2QFY2016 Result Update Capital Goods October 27, 2015 Inox Wind Performance Highlights Quarterly Data (Consolidated) ( ` cr) 2QFY16 2QFY15 % chg (yoy) 1QFY16 % chg (qoq) Revenues 1,008 543 85.6 636 58.6
More informationBharat Petroleum Corporation Ltd
Institutional Equity Research Key data 19 June 2008 Sector Oil& Gas Market Cap Rs.7bn/US$2.3bn 52 Wk H/L (Rs) 560/260.25 Avg. daily vol. (6 month) 799,179 BSE Code 500547 NSE Code BPCL Bloomberg BPCLIN
More informationKey estimate revision. Financial summary. Year FY16E 29, % 3,583 2, FY17E 26, % 3,478 2,
: price: EPS: How does our one year outlook change? We maintain our negative stance on SKF India due to the absence of significant growth momentum drivers over the medium term. While railways could be
More informationFineotex Chemical Ltd
Company Update Decent Performance under Macroeconomic Pressure; Business Traction to Continue: Fineotex Chemical recorded decent set of result as consolidated sales grew by 1.1% YoY (largely in line) to
More informationCairn India ACCUMULATE. Performance Highlights. CMP Target Price `338 `382. 2QFY2013 Result Update Oil & Gas. Quarterly highlights (Consolidated)
2QFY2013 Result Update Oil & Gas October 22, 2012 Cairn India Performance Highlights Quarterly highlights (Consolidated) Y/E March (` cr) 2QFY2013 2QFY2012 % chg (yoy) 1QFY2013 % chg (qoq) Net sales 4,443
More informationInox Wind BUY. Performance Highlights. CMP Target Price `242 `286. 4QFY2016 Result Update Capital Goods. 3 year price chart
4QFY216 Result Update Capital Goods May 11, 216 Inox Wind Performance Highlights Quarterly Data (Consolidated) ( ` cr) 4QFY16 4QFY15 % chg (yoy) 3QFY16 % chg (qoq) Total Income 1,829 93 96.6 941 94.2 EBITDA
More informationWires & Fabriks (SA) Limited BSE Scrip Code:
Wires & Fabriks (SA) Limited BSE Scrip Code: 507817 Textiles September 17, 2012 Equity Statistics Current Market Price Rs. 77.0 52 Week High / Low Rs. 106.80/68.50 Market Capitalisation Rs. crores 23.5
More informationITC Ltd. RESULT UPDATE 27th October, 2017
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More informationPrabhat Dairy Ltd. RESULT UPDATE 8th June, 2018
RESULT UPDATE 8 th June, 2018 Sep-15 Jan-16 May-16 Sep-16 Jan-17 May-17 Sep-17 Jan-18 May-18 India Equity Institutional Research II Result Update - Q4FY18 II 8 th June, 2018 2 Under Expansion Mode CMP
More informationKey estimate revision. Financial summary. Year FY14 391,088 45,198 34, FY15E 354,262 35,426 23,
: price: EPS: How does our one year outlook change? We retain our negative stance on the stock. We expect s revenue to de-grow by 9% y-o-y on the back of muted execution (client side and clearance delays)
More informationKrypton Industries Ltd BSE Scrip Code:
Krypton Industries Ltd BSE Scrip Code: 523550 Auto Tyres & Rubber Products October 19, 2012 Equity Statistics Current Market Price Rs. 14.3 52 Week High/Low Rs. 17.74/11.55 Market Capitalisation Rs. Crores
More informationCoal India ACCUMULATE. Performance Highlights CMP. `338 Target Price `380. Outlook and valuation. 2QFY2016 Result Update Mining
Coal India Performance Highlights (` cr) % yoy % qoq Net Sales 16,958 15,678 8.2 18,956 (1.5) EBITDA 3,8 2,556 17.7 4,944 (39.2) % margin 17.2 15.8 139bp 25.3 (813bp) Net Profit 2,519 2,188 15.2 3,787
More informationKalpataru Power. Rating: Target price: EPS: Rating CMP. Target BUY. Rs Rs.256
: price: EPS: How does our one year outlook change? We expect KPP s revenue (standalone) to grow by 21% y-o-y in FY17E backed by an order book of Rs. 91bn (1.7x FY17E book-to-bill). Both Transmission line
More informationFY17 FY18 FY19E FY20E
13-Aug-15 09-Aug-16 06-Aug-17 03-Aug-18 Result Update STRONG BUY * August 13, 2018 Dalmia Bharat Result Update Top-line growth led by improved realization & volume growth The company posted a revenue of
More informationAsian Granito BUY. Performance Highlights CMP. `270 Target Price `351. Outlook and valuation. 3QFY2017 Result Update Ceramics
3QFY2017 Result Update Ceramics January 25, 2017 Asian Granito Performance Highlights Quarterly Data (` cr) 3QFY17 3QFY16 % yoy 2QFY17 % qoq Revenue 247 236 4.3 265 (7.1) EBITDA 34 27 25.3 31 7.2 Margin
More informationIST Ltd BSE Scrip Code:
IST Ltd BSE Scrip Code: 508807 Other Apparels & Accessories September 13, 2012 Equity Statistics Current Market Price Rs. 170.3 52 Week High / Low Rs. 209/124 Market Capitalisation Rs. crores 98.7 Free
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