IIFL View
Go
  • Coal India

    Coal India is likely to see revenue CAGR of 12.8% over FY18-20E backed by sharp rise in coal production in FY19-20E. EBITDA margins are likely to expand 1,403bps over FY18-20E due to (1) higher levels of production, and (2) firm realisations due to higher o...

    Buy Reco. Price: 243.00

  • Century Ply.

    CPBI’s expansion of laminates capacity and MDF foray at an opportune time will benefit the company. We expect CPBI’s market share to improve owing to (a) Implementation of e-way bill (from unorganized players) and (b) Strong distribution net...

    Buy Reco. Price: 161.00

  • TTK Prestige

    We expect TTK Prestige to post sales CAGR of 14% over FY18-20E driven by healthy growth in pressure cookers and appliances.  Recent cut in GST for mixers, grinders, etc. will aid demand in kitchen appliances segment as the company will pass the ent...

    Reduce Reco. Price: 8,152.00

  • Supreme Inds.

    Supreme Industries (SIL) has leadership positions in plastic piping, plastic furniture and packaging products. It plans to expand its capacity to 618,000MT by end-FY19 from 590,000MT currently with a total capex of ~Rs400cr. It would benefit from increasing...

    Buy Reco. Price: 1,085.00

  • Apollo Tyres

    ATL continues to dominate TBR (Truck and bus radial) market in India with a 30% share and has 15% market share in PCR (Passenger car radial) segment (Q2FY19). Company reported 26% yoy volume growth in India in Q2FY19 led by TBR, PCR, two wheelers and agricu...

    Buy Reco. Price: 221.00

  • P I Inds.

    PI Industries is focusing on building blocks in agro-chemicals, fine chemicals and pharma intermediates, thereby gaining traction in CSM business. Many products in PI’s R&D pipeline are moving to commercialization scale. Pressure from input cost i...

    Accumulate Reco. Price: 1,010.00

  • UPL

    The US$2.4bn acquisition of Arysta LifeScience is expected to strengthen UPL’s position in the global markets in terms of geographical presence, crop expertise and business capabilities. The deal is expected to provide synergies in terms of additional...

    Buy Reco. Price: 932.00

  • Idea Cellular

    Vodafone Idea is facing intense competition; hence we expect revenue CAGR of 20.3% over FY18-20E leading to an EBITDA margin of 21.1% in FY20E. Revenue growth would be supported by a significant growth in data revenues over FY18-20E. EBITDA margin is ex...

    Reduce Reco. Price: 32.00

  • Deepak Nitrite

    Deepak Nitrite (DNL) has commenced commercial production at its phenol-acetone facility (~Rs140cr capex), which is currently being imported in India and has huge demand across several sectors. The facility is expected to achieve ~75% utilization by the end ...

    Buy Reco. Price: 270.00

  • SRF

    The new BOPET film line projects in Hungary and Thailand film (~40,000TPA) are progressing as per the schedule and expected to be commissioned over FY20-21E. Commission of BOPET plant in Hungary will make SRF a key local supplier in European regions. Howeve...

    Accumulate Reco. Price: 2,417.00