*JB Chemicals – Q4FY21 Concall Update – Nirmal Bang Sec.*
*Outlook – Positive*
The stock is trading at 27.5x FY22E consensus earnings
• The strong revenue growth has been achieved with the core branch and non-COVID portfolio. Thus, the growth achieved during this year reflects the resiliency and the sustainability of the business
• Expect India business to maintain outperformance
• Putting in place a growth strategy for key markets, aided by new product introductions
• The company remain committed to going deeper into some of the existing market and geographies
• In FY21 – seen good momentum in South Africa and US business
• *Expect topline trajectory to continue in FY22 as well with steady EBITDA margins*
• Extending losenges franchisee from conventional cough and cold to immunity building
• Looking to increase the filings runrate from current 1-2 per year to 3-4 in next 12-18 months. And some of these ANDAs would be supported at backend by company’s own API
• Russia – looking to launch couple of products; South Africa – it is a mix of public and private business and the company is good visibility on public business; APAC – focus is to improve the business through CMO
• Capex FY22 – maintenance capex of Rs 50 cr
• Actively and aggressively looking at inorganic opportunities for India business
*Outlook – Positive*
The stock is trading at 27.5x FY22E consensus earnings
• The strong revenue growth has been achieved with the core branch and non-COVID portfolio. Thus, the growth achieved during this year reflects the resiliency and the sustainability of the business
• Expect India business to maintain outperformance
• Putting in place a growth strategy for key markets, aided by new product introductions
• The company remain committed to going deeper into some of the existing market and geographies
• In FY21 – seen good momentum in South Africa and US business
• *Expect topline trajectory to continue in FY22 as well with steady EBITDA margins*
• Extending losenges franchisee from conventional cough and cold to immunity building
• Looking to increase the filings runrate from current 1-2 per year to 3-4 in next 12-18 months. And some of these ANDAs would be supported at backend by company’s own API
• Russia – looking to launch couple of products; South Africa – it is a mix of public and private business and the company is good visibility on public business; APAC – focus is to improve the business through CMO
• Capex FY22 – maintenance capex of Rs 50 cr
• Actively and aggressively looking at inorganic opportunities for India business
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Trade Setup For 16th June, 2021
A Quick View On - Global Update, Crude Update, Nifty Earnings To Watch, Nifty Technical Outlook, Bank Nifty And Nifty Options Watch.
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Stocks In News On 16th June, 2021
Earnings Today
RITES, Asahi India Glass, CESC, Kakatiya Cement Sugar, Manaksia Steels, Nureca, Pritika Auto Industries, Somany Ceramics, Welspun Enterprises
Wipro
The company collaborated with Aachen-headquartered FEV to open Innovation Lab for developing…
RITES, Asahi India Glass, CESC, Kakatiya Cement Sugar, Manaksia Steels, Nureca, Pritika Auto Industries, Somany Ceramics, Welspun Enterprises
Wipro
The company collaborated with Aachen-headquartered FEV to open Innovation Lab for developing…
Market Wizard
Short Term Bumper Call Buy Sutlej Textile at CMP of 58 - 59 and dips till 54 Sl 52 Targets:- 61 - 62 - 63 - 64 - 65 - 66 - 67+ Above that we can see 70 - 74+ Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
Sutlej Textile 61❤️❤️
New 52wk High
New 52wk High
Short Term Bumper Call
Buy Magadh Sugars at CMP of 261.5 - 263 and dips till 250
Sl 246
Targets:- 266 - 269 - 272 - 275 - 278 - 281+
Above that we can see 290 - 300
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
Buy Magadh Sugars at CMP of 261.5 - 263 and dips till 250
Sl 246
Targets:- 266 - 269 - 272 - 275 - 278 - 281+
Above that we can see 290 - 300
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
Mid Term Bumper Call
Buy Shoppers Stop at CMP of 236 - 238 and dips till 230
Sl 226
Targets:- 242 - 245 - 249 - 253 - 258 - 263 - 270+
Above that we can see 284 - 300+
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
Buy Shoppers Stop at CMP of 236 - 238 and dips till 230
Sl 226
Targets:- 242 - 245 - 249 - 253 - 258 - 263 - 270+
Above that we can see 284 - 300+
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
Market Wizard
Mid Term Bumper Call Buy Shoppers Stop at CMP of 236 - 238 and dips till 230 Sl 226 Targets:- 242 - 245 - 249 - 253 - 258 - 263 - 270+ Above that we can see 284 - 300+ Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
Bot huge 8.3k Shoppers Stop. Don't miss guys.
Mid Term Bumper Call
Buy LKP Finance (BSE - 507912) at CMP of 105 - 107 and dips till 90
Sl 85
Targets:- 111 - 115 - 120 - 126 - 130+
Above that we can see 140 - 150+
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
Buy LKP Finance (BSE - 507912) at CMP of 105 - 107 and dips till 90
Sl 85
Targets:- 111 - 115 - 120 - 126 - 130+
Above that we can see 140 - 150+
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.