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 >> Swiss Glasscoat Equipments Ltd. >> Research

Hot buy for the week: Swiss Glasscoat Equipments

Profit Track | 14 Nov, 2014  | Follow Author | Add to my Favourites 
  • Rate this article
    (Average Rating 0.0 Based on 0 ratings)

Financial Performance:

For Q2FY15, SGEL has reported sales of Rs.24.29crore as against Rs.16.16crore. Despite 48.71% higher provisioning for income tax, profit after tax has gone up nicely by 49.36% to Rs.1.18crore. For H1FY15, SGEL has reported sales of Rs.45.09crore as against Rs.32.45crore in H1FY14. Despite 29.11% higher provisioning for income tax, profit after tax has gone up by 32.5% to Rs.2.12crore. EPS for the Q2FY15 is Rs.2.38 & H1FY15 is Rs.4.26.

Future Outlook

For FY15, SGEL can deliver net sales of Rs.95crore and profit after tax of Rs.4.5crore translating into EPS of Rs.9 while for FY16, SGEL can deliver net sales of Rs.120crore and profit after tax of Rs.5.3crore translating into EPS of Rs.10.6. Script is trading at 10.2xFY15(E) EPS & 8.7xFY16(E) EPS which is extremely low against its peers. The company has paid regular dividend to its shareholders. It has paid 22% dividend for FY13 & it has declares 25% dividend for FY14.

Investors can buy this stock with a stop loss placed at Rs.79. On the upper side it will zoom up to Rs.125 levels in medium term while it will zoom to Rs.160 levels in next 12-16 months.

  Read full report Click here to read the full report

188.90 -9.90
0.00 +0.00
Read More
About Profit Track

Profit Track is a leading Investment Advisory Firm with a reputation built on performance.  They offer advice on investing in the equity and fixed income markets and mutual funds. Their clients include HNI ,NRI, Brokers and Individual Investors. The services they offer include Portfolio advisory, Financial Planing and Equity Advisory.


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.