Buy Roto Pumps; target of Rs 127: Firstcall Research

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26 Aug, 2025 12:21

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Firstcall Research is bullish on Roto Pumps and has recommended buy rating on the stock with a target of Rs 127 in its April 4, 2013 research report.
 
“Roto Pumps is an engineering company with global focus having presence in all over 40 countries in the world. Mr. Gupta created history in 1968 by inventing a unique manufacturing process for machining the intricate profile rotor, which is the heart of progressive cavity pump and the technological innovation gave birth to Roto Pumps. Its aim to provide localized solutions in application engineering, deliveries and sales. The company continuously endeavors to increase its pump basket to cater to wide spectrum of industries and applications in the pump manufacturer. Its pump basket consists of Progressive Cavity Pumps, Twin Screw Pumps, Dosing Pumps, Food Pumps and General Purpose Pumps. The company expertise gained in the last 40 years in providing fluid engineering solutions to thousands of customers worldwide.”
 
“Roto Pumps Ltd is an engineering company with the global presence in over 40 countires and to provide localized solutions in application engineering, deliveries & Sales Support, reported its financial results for the quarter ended 31 DEC, 2012. The company’s net profit squeezed to Rs.24.81 million against Rs.25.31 million in the corresponding quarter ending of previous year, a decrease of 1.98 percent. Revenue for the quarter rose 11.05 percent to Rs.236.25 million from Rs.212.74 million, when compared with the prior year period. Reported earnings per share of the company stood at Rs.8.03 a share during the quarter, registering 1.98 percent decrease over previous year period. Profit before interest, depreciation and tax is Rs.47.28 millions as against Rs.45.76 millions in the corresponding period of the previous year.”
 
“At the current market price of Rs 112, the stock P/E ratio is at 4.44 x FY13E and 4.01 x FY14E respectively. Earning per share (EPS) of the company for the earnings for FY13E and FY14E is seen at Rs.25.22 and Rs.27.95 respectively. Net Sales and PAT of the company are expected to grow at a CAGR of 18 percent and 17 percent over 2011 to 2014E respectively. On the basis of EV/EBITDA, the stock trades at 2.07 x for FY13E and 1.85 x for FY14E. Price to Book Value of the stock is expected to be at 0.90 x and 0.73 x respectively for FY13E and FY14E. We expect that the company surplus scenario is likely to continue for the next years, will keep its growth story in the coming quarters also. We recommend ‘BUY’ in this particular scrip with a target price of Rs 127 for medium to long term investment,” says Firstcall Research report.

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