Essel Propack Ltd closes at ₹180.10 with a Gain of +2.50 %
on 30-April-2020 with formation of
a Small Green
Candle on Daily Price Chart.
Essel Propack is engaged in the manufacture of plastic packaging
material in the form of multilayer collaspible tubes and laminates used
primarily for packaging of consumer products in the Beauty & Cosmetics
Health & Pharmaceuticals, Food, Home and Oral care categories.
The company is expected to post Revenue of Rs.2820 cr & Net Profit of Rs.230
Cr (Last Year Revenue Rs.2707 Cr and Net
Profit Rs.193 Cr) in FY2020( E ); Revenue of Rs.3120cr & Net Profit of Rs.280
Cr in FY2021 ( E ) and Revenue of Rs3440 cr & Net Profit of Rs330 Cr in
FY2022 ( E ).
Valuations : The Company is now
Trading at X2.30 of its Value ( last 4 Quarters earnings considered .We have
valued the company with its full Financial
year 2020 earnings ( PAT ), which is now X1.50 , a Premium
of ~50% to its Value ( EPV Method ) ; X1.24
of its FY21 earnings with a Premium of ~24 % to its Value and X1.05 of its FY2022 earnings with a Premium of ~5.0 % to its Value
Disclaimer : We are / may going to take
exposure shortly.
The author tracks economic, behavioural and corporate
tends, hoping to gauge good avenues of return based on Fundamental Valuations
of Stocks, a follower of EPV method. You
can reach me/us at | Twitter # NiftyNext1 |
e-Mail : Mail@NiftyNext.Com
| Tel +91 8802230836 | Telegram # TheNiftyNext |
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