0 EMMBI share price target reports by brokerages below. See what is analyst's view on EMMBI share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
Emmbi is a capital efficient player with ~2x fixed asset turnover, stable ~14% EBITDA margin profile and 92 days working capital cycle thereby generating RoCEs to the tune of ~18%. Going forward, given lower capital requirement, improving debt profile and promising macro environment, we expect sales, EBITDA and PAT to grow at CAGR of 12.1%, 12.6% and 21.9%, respectively, in FY19-21E. We continue to value Emmbi at 12.0x P/E on FY21E EPS of Rs| 14.9 to arrive at a target price of Rs 180. We maintain our BUY rating on the stock.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.