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SIYSIL Consensus Forecast

No. of reports in last year
4
No. of analysts
2
Average Consensus Forecast
296.5
Consensus Potential
54.62%

SIYSIL Price Target Potential

BrokerageTargetPotential
ICICIdirect.com25047.04%
Angel Broking33360.24%

SIYSIL Targets in FrontPage Forums

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SIYSIL Ratings

Long term SIYSIL rating by FrontPage users
5/5 (3 Ratings)

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

SIYSIL Share Price Target - Broker Reports - 2020

29-Jan-20
Price @ Call: 225.16
Target: 250
HOLD
Given the subdued market conditions, the working capital cycle may witness certain deterioration owing to higher inventory days. However, SSML continues to focus on stringent control on cash conversion cycles through better management of receivable days. Also, with no major capex plans in the near term, debt is expected to remain at levels similar to FY19 for the current fiscal. We roll over our estimates to FY22E and build in revenue and earnings CAGR of 4.2%, 10.4% YoY, respectively, in FY19-22E. We expect revenue growth to remain under pressure owing to challenging market environment. We ascribe HOLD rating to the stock with a revised target price of Rs 250 (9x FY22E EPS, earlier target price: Rs 270).
... Read more

SIYSIL Share Price Target - Broker Reports - 2019

22-Oct-19
Price @ Call: 242.36
Target: 333
BUY
Going forward, we expect SSML to report net sales CAGR of ~9% to ~Rs 2,168cr and adj. net profit CAGR of ~13% to Rs 143cr over FY2019- 21E on the back of market leadership in blended fabrics, strong brand building, wide distribution channel and strong presence in tier 2 and tier 3 cities coupled with emphasis on latest designs and affordable pricing points. At the current market prices, SSML trades at inexpensive valuations. We maintain our Buy recommendation on the stock with a Target Price of Rs 333.
... Read more
16-Aug-19
Price @ Call: 231.42
Target: 270
BUY
On the balance sheet front, with stringent control on cash conversion cycle, the company was able to reduce its total debt by 22% YoY to | 460.2 crore (D/E: 0.6x in FY19 vs. D/E: 0.9x in FY18). Given the subdued market conditions, the working capital cycle may witness certain deterioration owing to higher inventory days. With no major capex plans in the near term, debt is expected to remain at levels similar to FY19. We expect revenue to grow at a CAGR of 7% in FY19-21E, with EBITDA margins remaining range bound at ~13%. SSML’s stock price witnessed a significant correction of ~33% since our last result update, making it available at valuation of 8.5x FY21E earnings. Hence, we have a BUY recommendation with a revised target price of Rs 270 (10x FY21E EPS).
... Read more
16-Aug-19
Price @ Call: 231.42
Target: 333
BUY
Going forward, we expect SSML to report net sales CAGR of ~9% to ~Rs 2,173cr and adj. net profit CAGR of ~13% to Rs 130cr over FY2019- 21E on the back of market leadership in blended fabrics, strong brand building, wide distribution channel and strong presence in tier 2 and tier 3 cities coupled with emphasis on latest designs and affordable pricing points. At the current market prices, SSML trades at inexpensive valuations. We maintain our Buy recommendation on the stock with a Target Price of Rs 333.
... Read more
24-May-19
Price @ Call: 340.15
Target: 410
BUY
FY19 was a year of consolidation for SSML, where the management’s keyfocus was on strengthening its balance sheet in lieu of revenue growth. Working capital cycle witnessed noteworthy recovery with NWC declining by ~10 days to 84 days. Subsequently, higher cash flow generation led to decline in total debt by 22% YoY to Rs 460.2 crore (D/E: 0.6x in FY19 vs. D/E: 0.9x in FY18). With no major capex plans in the near term, we expect SSML to consistently generate FCF and enable the company to further reduce its debt levels. We roll our estimates to FY21E and expect revenue, EBITDA to grow at a CAGR of 11%, 12%, respectively, in FY21E. SSML’s stock pricewitnessed a significant correction of ~48% in the last 12 months, making it available at valuation of 11.0x FY21E earnings. Hence, we have a BUY recommendation with a revised target price of | 410 (13x FY21E EPS).
... Read more
30-Jan-19
Price @ Call: 329.49
Target: 549
BUY
Going forward, we expect SSML to report net sales CAGR of ~13% to ~Rs 2,207cr and adj. net profit CAGR of ~13% to Rs 146cr over FY2018-20E on the back of market leadership in blended fabrics, strong brand building, wide distribution channel and strong presence in tier 2 and tier 3 cities coupled with emphasis on latest designs and affordable pricing points. At the current market prices, SSML trades at inexpensive valuations. We maintain our Buy recommendation on the stock with a Target Price of Rs 549.
... Read more
1-Feb-19
Price @ Call: 339.9
Target: 410
BUY

SIYSIL Share Price Target - Broker Reports - 2018

19-Nov-18
Price @ Call: 366.37
Target: 460
BUY
17-Aug-18
Price @ Call: 511.77
Target: 650
BUY
15-Mar-18
Price @ Call: 625.5
Target: 851
BUY

SIYSIL Share Price Target - Broker Reports - 2017

22-Nov-17
Price @ Call: 578.19
Target: 655
BUY
16-Oct-17
Price @ Call: 536
Target: 620
BUY
27-Jul-17
Price @ Call: 440
Target: 453
HOLD
2-Jun-17
Price @ Call: 400
Target: 454
BUY

SIYSIL Share Price Target - Broker Reports - 2016

23-Nov-16
Price @ Call: 246
Target: 266
HOLD
30-Sep-16
Price @ Call: 251.25
Target: 293.8
BUY
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  • SIYSIL Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3139.6
    Upside Target 2137.3
    Upside Target 1134.85
    Pivot132.55
    Downside Target 1130.1
    Downside Target 2127.8
    Downside Target 3125.35
  • SIYSIL Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3141.47
    Upside Target 2139.53
    Upside Target 1135.97
    Pivot134.03
    Downside Target 1130.47
    Downside Target 2128.53
    Downside Target 3124.97
  • SIYSIL Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3189.53
    Upside Target 2168.27
    Upside Target 1151.68
    Pivot130.42
    Downside Target 1113.83
    Downside Target 292.57
    Downside Target 375.98
  • SIYSIL Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3137.3
    Upside Target 2135.49
    Upside Target 1134.36
    Pivot132.55
    Downside Target 1130.74
    Downside Target 2129.61
    Downside Target 3127.8
  • SIYSIL Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3139.53
    Upside Target 2137.43
    Upside Target 1136.13
    Pivot134.03
    Downside Target 1131.93
    Downside Target 2130.63
    Downside Target 3128.53
  • SIYSIL Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3168.27
    Upside Target 2153.81
    Upside Target 1144.88
    Pivot130.42
    Downside Target 1115.96
    Downside Target 2107.03
    Downside Target 392.57
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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