Endurance Technologies Q2FY19: PAT grew by 27.31%; Overweight

Firstcall India Equity | Nov. 10, 2018, 1:05 p.m.

OUTLOOK AND CONCLUSION

At the current market price of Rs. 1290.00, the stock P/E ratio is at 35.50 x FY19E and 29.98 x FY2OE respectively.

Earning per share (EPS) of the company for the earnings for FY19E and FY2OE is seen at Rs. 36.33 and Rs. 43.03 respectively.

Net Sales and PAT of the company are expected to grow at a CAGR of 13% and 22% over 2018 to 202GB respectively.

On the basis of EV/EBITDA, the stock trades at 15.86 x for FY19E and 13.92 x for FY2oE.

Price to Book Value of the stock is expected to be at 7.84 x and 7.39 x for FY19E and FY2oE respectively.

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



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