1 KOLTEPATIL share price target reports by brokerages below. See what is analyst's view on KOLTEPATIL 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.
KPDL financial performance under POCM was below our estimates. Despite this strong pre-sales, robust collections and debt reduction are key positives. We maintain BUY with SOTP based TP of Rs 311/sh.KPDL has shown resilience in face of sectoral headwinds. Subvention schemes are about Rs 800mn in value and not material. Launch pipeline in Pune looks strong, Mumbai projects are closing in on approvals, debt repayment is playing out and stake consolidation is adding to cashflows. KPDL is in sweet spot with near dominance in Pune market and strong project pipeline in Mumbai. We remain constructive and maintain BUY. Key Risks: (1) Aggressive competition, (2) High interest rates and (3) Debt bloat up.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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