VN Research & Consulting
 Like us on facebook  Follow us on twitter  Follow us on LinkedIn  IndiaNotes on Google Plus  IndiaNotes on Pinterest  IndiaNotes on Stumbleupon  Subscribe to our feeds

Stocks  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
You are here : IndiaNotes >> Research & Analysis >> Companies >> Jayant Agro Organics Ltd. >> Research

Jayant Agro Organics Q3FY18: Net Sales and PAT to grow at CAGR of 18% and 64%; Overweight

Firstcall India Equity | 09 Mar, 2018  | Follow Author | Add to my Favourites 
  • Rate this article
    (Average Rating 0.0 Based on 0 ratings)

Consolidated revenue for the quarter rose by 44.22% to Rs. 6711.47 mn from Rs. 4653.79 mn, when compared with the prior year period.

During Q3 FY18, consolidated EBIDTA is Rs. 389.62 mn as against Rs. 303.74 mn in Q3 FY17, an increased by 28.27%.

During Q3 FY18, consolidated PBT stood at Rs. 219.10 mn from Rs. 193.22 mn in Q3 FY17.

During Q3 FY18, consolidated net profit grew up 11.69% to Rs.133.19 mn from Rs. 119.25 mn in Q3 FY17.

EPS of the company stood at Rs. 4.44 a share during the quarter, as against Rs. 3.97 per share over previous year period.

In 9M FY18, Net sales increased by 51.80% to Rs. 18857.44 mn from Rs. 12422.80 mn in 9M FY17.

For Nine months period of FY18, net profit stood at Rs. 416.62 mn from Rs. 389.42 mn for the nine months ended of previous financial year.

Net Sales and PAT of the company are expected to grow at a CAGR of 18% and 64% over 2016 to 2019E, respectively.


At the current market price of Rs. 346.95, the stock P/E ratio is at 17.96 x FY18E and 14.30 x FY19E respectively.

Earning per share (EPS) of the company for the earnings for FY18E and FY19E is seen at Rs. 19.32 and Rs. 24.26

Net Sales and PAT of the company are expected to grow at a CAGR of 18% and 64% over 2016 to 2019E,

On the basis of EV/EBITDA, the stock trades at 10.20 x for FY18E and 9.06 x for FY19E.

Price to Book Value of the stock is expected to be at 3.02 x and 2.49 x for FY18E and FY19E respectively.

Hence, we say that, we are Overweight in this particular scrip for Medium to Long term investment.

  Read full report Click here to read the full report

329.25 -3.95
327.85 -5.00
Read More
About Firstcall India Equity

Firstcall India Equity of Firstcall India Equity Advisors Pvt. Limited (FIEA), is a leading financial services provider in India and a SEBI Registered Category-I Merchant Banker. FIEA is a culmination of a credible Equity Research Capabilities, Long Standing Relationship with leading FIIs, DFIs, MFs, Overseas Pension Funds etc. The company’s research caters to the needs of the largest news wire and media houses of the world namely Reuters, Thomson, Capital IQ,, Emerging Markets Euro money Publications-UK. The Company is among the major players in the Debt and Equity markets.

For more information please write in to [email protected]


Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.

Technical Calls

What are technical calls?

Other Articles