PRECOT LTD: Buy🎯 (public )
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TP: ₹ 260 ( near term)
₹ 400 ( medium term)
1️⃣Quoting @ 3.51xFY22EEPS
Tdg @ 0.65xFY22E BV
Tdg @ 1.45 mcapxFY22E EBITDA
Mcap 0.25xFY22E Revenue
▶️Cotton Yarn+Sewing Thread+Cotton Technical Textiles for Medical/Cosmetics/Personal Hygiene
2️⃣Mind Blowing Q4FY21~
Revenue up 22% at 221 Cr Vs 180Cr
Ebidta up 80% at 45Cr Vs 25.40Cr
Ebidta Margin zooms to 20.36% Vs 14%
NP 🔥208% to 29Cr Vs 9.42Cr
EPS ₹ 24.21 Vs 7.85
3️⃣FY22E~
Revenue 860 Cr
Ebidta 155 Cr
EPS ₹ 54
BV ₹ 344
💎💎Cotton Products- Cotton Pads, Cotton Balls, Exfoliating Pads, Cotton wool Rolls, Cotton Spunlace, Absorbent Cotton fibre, are HIGH MARGIN products estimated CAGR 20%. Used for ⏩Sanitary Pads Tampons Wipes Panty Liners Makeup removal Baby cleaning pads ( pampers) Bandage Swabs Nail paint removal Skin Exfoliation First Aid Lotion Application etc⏪