EPL Ltd., incorporated in the year 1982, is a Mid Cap company (having a market cap of Rs 7949.10 Crore) operating in Packaging sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 804.40 Crore, down -1.08 % from last quarter Total Income of Rs 813.20 Crore and up 7.74 % from last year same quarter Total Income of Rs 746.64 Crore. Company reported net profit after tax of Rs 60.50 Crore in latest quarter.
Investment Rationale
The brokerage expects a revenue/EBITDA/PAT CAGR of 11%/17%/24% over FY21–23. It values the stock at 26x FY23E EPS, on account of a steady increase in revenue share from Personal Care (higher margin biz and lower sensitivity to RM cost), and new product launches, which should aid growth. It’s TP of INR320 implies a 32% upside.
Promoter/FII Holdings
Promoters held 52 per cent stake in the company as of June 30, 2021, while FIIs held 14.6 per cent, DIIs 14.7 per cent and public and others 18.7 per cent.
(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
