Expected sales on next two quarters is Rs 86cr (31st Dec 2015) and Rs 90cr (31st Mar 2015), respectively. With expected sales growth of 41.83% and 41.4% for next two quarters vis a vis growth of 35.5% (Sep 15) and 46% (June 15)
Net profits of around Rs15 cr and Rs 16 crs for next two quarters. Expecting a margin of 17.55% and 17.77% for the respective quarters compared to the net profit margin of 18.16% (Sep 15) and 18.13% (June 15). Leading to eps of Rs 10 and Rs 10.5, respectively.
Basis of assumption:
The expected sales and profits are projected taking in to account weighted average growth of last 4 quarters.
Significant impact on profits can be seen if the company is able to improve its margins.
Red flags:
Hoping that recent floods had no impact on either production, sales and profits of the company. The disclosures of small companies are generally very bad and will not be known till the final results are announced.
Note: The above is not a research report but information as available on public domain and it should not be treated as a research report. Any information discussed on the blog is for information purpose only. People are themselves responsible for any profit/loss arising on trading on such information.
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