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KAJARIACER Consensus Forecast

No. of reports in last year
4
No. of analysts
2
Average Consensus Forecast
876.5
Consensus Potential
-18.91%

KAJARIACER Price Target Potential

BrokerageTargetPotential
Nirmal Bang122220.07%
ICICIdirect.com950-2.82%

KAJARIACER Targets in FrontPage Forums

3 Users have submitted 3 trade ideas of Rs. 1,986,836 for KAJARIACER
67% Bullish
33% Bearish
See buy or sell ideas on FrontPage Forums >>

KAJARIACER Ratings

Long term KAJARIACER rating by FrontPage users
3.5/5 (6 Ratings)

4 KAJARIACER share price target reports by brokerages below. See what is analyst's view on KAJARIACER 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.
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KAJARIACER Share Price Target

KAJARIACER Share Price Target - Broker Reports - 2021

15-Jun-21
Price @ Call: 994.8
Target: 1222
BUY
22-Jan-21
Price @ Call: 837.54
Target: 950
BUY

KAJARIACER Share Price Target - Broker Reports - 2020

21-Oct-20
Price @ Call: 572.3
Target: 664
BUY
21-Oct-20
Price @ Call: 572.3
Target: 670
BUY
12-Feb-20
Price @ Call: 542.55
Target: 587
ADD
11-Feb-20
Price @ Call: 546.35
Target: 560
HOLD
Sales volumes were muted with 0.5% YoY growth to 20.4 MSM in Q3FY20. Topline de-grew 2.3% YoY to Rs 741.3 crore. EBITDA margins contracted 90 bps YoY (30 bps QoQ expansion) to 15.0%. PAT declined 6% YoY to Rs 61.5 crore, mainly on account of a muted operating performance.
... Read more

KAJARIACER Share Price Target - Broker Reports - 2019

27-Dec-19
Price @ Call: 514
Target: 578
ADD
Domestic tile industry is going through a challenging phase of weak demand and fall in realization. In FY21, we expect company’s revenue to grow on account of expected improvement in demand, market share gain, contribution from new GVT plant and growth in sanitary/bathware and ply segment. We marginally revise our FY20/FY21 estimates. We retain ADD rating on the stock with revised price target of Rs578 (earlier Rs594). We continue to value the stock at a PE multiple to 29x on FY21E earnings.
... Read more
24-Oct-19
Price @ Call: 547.91
Target: 580
HOLD
Amid challenging business environment, the management has lowered its volume growth guidance to 9-10% in H2FY20E. Hence, Kajaria’s sales volumes are expected to grow by 10.2% CAGR to 97.5 MSM in FY19-21E. However, its PAT is expected to grow 22.9% CAGR to Rs 342.3 crore in FY19- 21E on account of corporate tax cut benefits. Hence, we maintain HOLD rating on the stock with a target price of Rs 580/share.
... Read more
24-Oct-19
Price @ Call: 561.1
Target: 594
ADD
Management has scaled down its FY20 tile segment volume growth guidance further to 9-10% (earlier revised to 12-13%). In 2HFY20, company expects demand to rebound and volumes to grow by 10%. Real estate continues to remain under stress and we do not expect any meaningful improvement in the near to medium term. In our estimate, we factor in 2% revenue growth for FY20. EBITDA margin are likely to remain close to 15% as cost has been stable and the company is working on controlling cost to offset negative impact from low growth. In view of weak demand, we cut our FY20 / FY21 estimates. We also adjust FY20 estimates for tax adjustments done in 2QFY20. We retain ADD rating on the stock with revised price target of 594 (Rs627). We continue to value the stock at a PE multiple to 29x on FY21E earnings.
... Read more
20-Sep-19
Price @ Call: 535.75
Target: 563
ADD
In 1QFY20, Kajaria reported 7% YoY revenue growth and 12% YoY increase in earnings. For FY20, the company has guided for 12-13% volume growth. Company is expecting growth to largely be contributed by demand shift from unorganized to organized segment as real estate segment continues to remain under stress. We expect demand to improve gradually over the medium term. We marginally revise our estimates. We retain ADD rating on the stock with revised price target of Rs563 valuing the stock at 29x on FY21E earnings.
... Read more
26-Jul-19
Price @ Call: 476.75
Target: 550
HOLD
Outlook & Valuation: Consistent outperformance vis-à-vis the industry in terms of volume growth and superior margin profile bode well for KJC. However, considering current valuations at 30x of FY20 and 24x of FY21 earnings, we believe stock is fairly valued. We do not expect the stock to get rerated, as the current return ratio remains lower-than-earlier. Hence, as the stock offers limited upside from the current level, we maintain our HOLD recommendation on the stock with a revised Target Price of Rs550 (25x FY21 EPS).
... Read more
25-Jul-19
Price @ Call: 467
Target: 515
HOLD
Valuation & Outlook: Although sales volumes are expected to grow due to gains in market share, operating environment remains challenging. Accordingly, we revise down our estimates & now expect revenues, PAT to grow at 13.2%, 20.1% CAGR to | 3,787.2 crore, | 327.0 crore, respectively, in FY19-21E. We downgrade the stock to HOLD with a target price of | 515/share (25x FY21E EPS).
... Read more
16-May-19
Price @ Call: 592.22
Target: 591
HOLD
Outlook & Valuation: Consistent outperformance vis-à-vis the industry in terms of volume growth and superior margin profile bode well for KJC. However, considering current valuations at 30x of FY20 and 25x of FY21 earnings, we believe stock is fairly valued. We do not expect the stock to get rerated, as the current return ratio remains lower than earlier. Hence, as the stock offers limited upside from the current level, we downgrade our recommendation on the stock to HOLD from BUY with a revised Target Price of Rs591 (25x FY21 EPS).
... Read more
13-May-19
Price @ Call: 583.9
Target: 653
BUY
Stock is currently trading at valuations of 31.4x and 26.8x P/E on FY20 and FY21 estimates respectively. We tweak our estimates to factor in FY19 financials and also introduce FY21 estimates. We roll forward our target price on FY21 and arrive at a revised target price of Rs 653 based on 30x FY21 estimates (Rs 572 earlier). Post the NGT ban on use of coal gasifiers, unorganized players are witnessing increased power and fuel cost due to shift towards gas and hence the price differential between organized and unorganized players is reducing. Along with this, with improved compliance towards e-way bill implementation post elections, organized players like Kajaria Ceramics are likely to benefit with market leading position and wide offering of products. We remain positive on the company and upgrade the stock to BUY from ACCUMULATE earlier.
... Read more
22-Jan-19
Price @ Call: 535
Target: 620
BUY
21-Jan-19
Price @ Call: 535.35
Target: 610
BUY
21-Jan-19
Price @ Call: 535.15
Target: 572
ACCUMULATE
21-Jan-19
Price @ Call: 535.15
Target: 622
BUY
4-Jan-19
Price @ Call: 504.29
Target: 531
HOLD

KAJARIACER Share Price Target - Broker Reports - 2018

29-Oct-18
Price @ Call: 381.66
Target: 416
ACCUMULATE
29-Oct-18
Price @ Call: 378.1
Target: 494
BUY
27-Oct-18
Price @ Call: 385.51
Target: 528
BUY
26-Oct-18
Price @ Call: 385.51
Target: 500
BUY
26-Oct-18
Price @ Call: 385.51
Target: 450
BUY
9-Oct-18
Price @ Call: 335.26
Target: 500
BUY
28-Sep-18
Price @ Call: 372.3
Target: 492
BUY
27-Jul-18
Price @ Call: 432
Target: 538
BUY
27-Jul-18
Price @ Call: 432
Target: 475
HOLD
26-Jul-18
Price @ Call: 444.85
Target: 623
BUY
26-Jul-18
Price @ Call: 444.85
Target: 584
BUY
26-Jul-18
Price @ Call: 444.85
Target: 530
BUY
25-Jul-18
Price @ Call: 430.15
Target: 551
BUY
25-Jul-18
Price @ Call: 430.15
Target: 540
HOLD
22-Jun-18
Price @ Call: 506.8
Target: 635
BUY
15-May-18
Price @ Call: 550.24
Target: 690
BUY
11-May-18
Price @ Call: 544.42
Target: 550
HOLD
11-May-18
Price @ Call: 533
Target: 648
BUY
9-May-18
Price @ Call: 530.3
Target: 690
BUY
15-Mar-18
Price @ Call: 571.33
Target: 740
BUY
15-Mar-18
Price @ Call: 573.4
Target: 611
BUY
1-Feb-18
Price @ Call: 633.7
Target: 900
BUY

KAJARIACER Share Price Target - Broker Reports - 2017

28-Dec-17
Price @ Call: 719
Target: 851
BUY
6-Nov-17
Price @ Call: 669
Target: 755
ACCUMULATE
31-Oct-17
Price @ Call: 684.1
Target: 730
ACCUMULATE
31-Oct-17
Price @ Call: 684.1
Target: 708
BUY
31-Oct-17
Price @ Call: 684.1
Target: 740
HOLD
22-Sep-17
Price @ Call: 748.75
Target: 765
HOLD
14-Sep-17
Price @ Call: 710.6
Target: 861
BUY
11-Aug-17
Price @ Call: 632
Target: 740
BUY
11-Aug-17
Price @ Call: 632
Target: 655
HOLD
19-May-17
Price @ Call: 676
Target: 725
HOLD
16-May-17
Price @ Call: 698
Target: 708
BUY
31-Jan-17
Price @ Call: 585
Target: 518
SELL
25-Jan-17
Price @ Call: 585
Target: 708
BUY

KAJARIACER Share Price Target - Broker Reports - 2016

29-Apr-16
Price @ Call: 531.5
Target: 600
BUY
26-Oct-16
Price @ Call: 590.15
Target: 740
BUY
21-Oct-16
Price @ Call: 621.61
Target: 518
SELL
21-Oct-16
Price @ Call: 621.61
Target: 655
HOLD
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  • KAJARIACER Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,025.73
    Upside Target 21,012.82
    Upside Target 11,001.98
    Pivot989.07
    Downside Target 1978.23
    Downside Target 2965.32
    Downside Target 3954.48
  • KAJARIACER Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,055.87
    Upside Target 21,032.88
    Upside Target 11,012.02
    Pivot989.03
    Downside Target 1968.17
    Downside Target 2945.18
    Downside Target 3924.32
  • KAJARIACER Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 31,167.47
    Upside Target 21,111.18
    Upside Target 11,045.57
    Pivot989.28
    Downside Target 1923.67
    Downside Target 2867.38
    Downside Target 3801.77
  • KAJARIACER Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,012.82
    Upside Target 21,003.74
    Upside Target 1998.14
    Pivot989.07
    Downside Target 1979.99
    Downside Target 2974.39
    Downside Target 3965.32
  • KAJARIACER Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,032.88
    Upside Target 21,016.13
    Upside Target 11,005.78
    Pivot989.03
    Downside Target 1972.28
    Downside Target 2961.93
    Downside Target 3945.18
  • KAJARIACER Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 31,111.18
    Upside Target 21,064.62
    Upside Target 11,035.85
    Pivot989.28
    Downside Target 1942.72
    Downside Target 2913.95
    Downside Target 3867.38
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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