NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Anand Rathi Report
During FY21-24, Shilchar Technologies Ltd. recorded a 50% revenue compound annual growth rate, with the Ebitda margin expanding from 8.1% to 28.5% and an adjusted profit after tax compound annual growth rate at 155%.
The stock trades at 33 times FY24 earnings per share of Rs 120. For FY26, the company had in the past guided to Rs 8 billion-9 billion revenue, while largely maintaining the current full-year margin of ~28%.
Risks:
Keener competition from peers as they can easily pivot toward manufacturing inverter duty transformers transformers; increased competition in exports could crimp margins.
Click on the attachment to read the full report:
Also Read: Galaxy Surfactant - Growth, Quality; Maintain Buy With A Target Price Of Rs 3,465: HDFC Securities
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
SEBI Imposes Rs 10 Lakh Fine On Anand Rathi For Violating Rules
Sep 30, 2024
India's Trade Deficit Broadens To Ten-Month High In August: Anand Rathi
Sep 18, 2024
PVR INOX - Strong Pipeline, Deleveraging On-Track; Maintaining A Buy: Anand Rathi
Sep 16, 2024
FMCG Q1 Results Review - Summer Sales Up But Dragged By The Elections; H2 To Be Better: Anand Rathi
Aug 22, 2024
POPULAR