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Last Updated : Apr 17, 2013 03:13 PM IST | Source: Moneycontrol.com

Plastic cos to post healthy revenue growth in Q4: Dolat

Dolat Capital has come with its March`13 quarterly earning estimates for plastic sector. According to research firm the outlook for the sector continues to look encouraging with verticals like pipes and packaging films expected to show better performance.

 
 
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Dolat Capital has come with its March`13 quarterly earning estimates for plastic sector. According to research firm the outlook for the sector continues to look encouraging with verticals like pipes and packaging films expected to show better performance.

In Q4FY13 we believe plastic companies are likely to post healthy revenue growth on the back of expectation of decent volume growth. Our coverage universe is expected to post 18% topline growth.

Plastic Pack as whole is likely to witness expansion in margins YoY on account of softening of polymer prices during the quarter under review.

We continue to be extremely positive on Supreme Industries & Astral Poly backed by superior business models and strong product profile.

 

 

Sales (Rs mn)

PAT (Rs mn)

CompanyQ4FY13EQoQ %YoY %Q4FY13EQoQ %YoY %
Supreme Ind9,10012.9206964.927.2
Sintex Ind11,076-22.48.21,15316.928.6
Time Techno5,35921.525.22920.358.3
Astral Poly2,78534.951.812417-35.8

 

 

 

 

 

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First Published on Apr 16, 2013 01:32 pm
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