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Anand Rathi Report
Schaeffler India Ltd. is expected to grow at a healthy pace (more than economic growth) led by robust momentum in its portfolio (positive trends in auto and industrials) and expansion to new product lines like e-mobility and powertrain agnostic (supported by its parent).
New product content opportunities are notably higher and could be a strong growth driver over the medium to long term.
As per Bloomberg estimates are 15%/18%/20% revenue/Ebitda/profit after tax compound annual growth rate over CY22-25. The stock is fairly valued and quoting at 53 times/49 times/43 times CY23/CY24/CY25 price/earnings, versus the past 40 times on average.
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