1 NILKAMAL share price target reports by brokerages below. See what is analyst's view on NILKAMAL 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.
At a CMP of Rs. 1,413.0, Nilkamal’s stock is trading at a TTM P/E multiple of 18.0x, which is at a discount compared to its peer average of 19.9x . Company's top line and bottom line are expected to grow at a CAGR of 5.8% and 3.7%% respectively over FY18-21E led by uptick in demand and company's efforts towards expanding its reach, product offerings and sustained investments in brand building. However margin pressure are expected to continue in the coming period led by higher input price and company’s inability to pass it to its customers. we expect margin to rebound from FY20 onwards, aided by operating leverage, better product mix and stability in crude oil prices. We value the business at a three years average P/E of 18.4x to its FY21E EPS, to arrive at a target price of Rs. 1,834.5, reflecting a potential upside of 29.8% over a period of 18-24 months. Thus we recommend a‘BUY’rating on the stock.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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