Firstcall Research's report on Kesar Terminals and Infrastructure (KTIL)The company has achieved a turnover of Rs. 109.43 million for the 1st quarter of the financial year 2016 as against Rs. 102.56 million in the corresponding quarter of the previous year. In Q1 FY16, operating profit or EBITDA stood at Rs. 70.93 million as against Rs. 68.56 million in Q1 FY15. In the same June quarter, net profit stood at Rs. 38.45 million against Rs. 37.97 million in the corresponding quarter of the previous year. The company has reported an EPS of Rs. 7.32 for the 1st quarter as against an EPS of Rs. 7.23 in the corresponding quarter of the previous year.Outlook And ConclusionAt the current market price of Rs. 380.00, the stock P/E ratio is at 12.50 x FY16E and 11.45 x FY17E respectively.Earning per share (EPS) of the company for the earnings for FY16E and FY17E is seen at Rs.30.41 and Rs.33.20 respectively.Net Sales and PAT of the company are expected to grow at a CAGR of 14% and 20% over 2014 to 2017E respectively.On the basis of EV/EBITDA, the stock trades at 7.56 x for FY16E and 7.02 x for FY17E.Price to Book Value of the stock is expected to be at 2.83 x and 2.33 x for FY16E and FY17E respectively."We expect that the company surplus scenario is likely to continue for the next three years, will keep its growth story in the coming quarters also. We recommend ‘BUY’ in this particular scrip with a target price of Rs 437 for Medium to Long term investment", says Firstcall Research Report.For all recommendations, click hereDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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