Electronics segment to grow at a fast pace

Company
26 Nov 2024
5 Min read 
  • BSE SENSEX S&P CNX CMP: INR 4,919 TP: INR 5,500 (+12%) Buy 81,688 25,015 Stock Info Bloomberg AMBER IN Equity Shares (m) 34 M.Cap.(INRb)/(USDb) 166.1 / 2 52-Week Range (INR) 5365 / 2712 1, 6, 12 Rel. Per (%) 10/20/41 12M Avg Val (INR m) 839 Free float (%) 60.1 
  •  The stock is recommended for purchase with a target price of INR 5,500, indicating a 12% increase. 
  •  The company's market capitalization is INR 166.1 billion with a 52-week range of INR 5365 to INR 2712. 
  •  The stock has a 12-month average value of INR 839 and a free float of 60.1%. 
  •  The company's financial snapshot for FY25 E includes sales of 84.6 INR b, EBITDA of 6.3 INR b, and PAT of 2.3 INR b. 
  •  The company's valuation metrics show a P/E ratio of 72.2x, P/BV ratio of 7.2x, and EV/EBITDA ratio of 28.2x. 
  •  The shareholding pattern as of Jun-24 includes 39.9% promoter holding, 15.7% DII, 28.4% FII, and 16.0% others. 
  •  The company's key investment thesis includes the growth potential in the RAC industry, consumer durables, and electronics segments. 
  •  The company's financial outlook projects a 21% CAGR in revenue over FY24-FY27, with a positive stance on the company's ability to grow other segments beyond RAC. 
  •  The company's financials and valuations show a basic EPS of 140.3 INR, P/E ratio of 35.1x, and RoE of 16.6%. 
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