JBF Industries
Recommended at Rs 70.0 levels #VALUE_PICK #MULTIBAGGER
March 2015 vs March 2014
Consolidated Numbers:
Sales : 8879 Crores vs 8567 Crores (UP 5%)
Net Profit : 31.09 crores vs 5.71 crores (UP 600%)
EPS at Rs 4.23 vs Rs 0.35
StandAlone Numbers:
Sales : 4539 crores vs 5264 crores ()
Net Profit : 139 crs vs 16 crs
EPS : Rs 20.78 vs Rs 1.70
Great topline improvement. I see similar performance in coming years. Setting up new plants have made them cost a lil high, and so expenses were more. Otherwise results are inline and expecting a great future in coming 5 years. The production from the Mangalore plant will start from December, making that plant one of the biggest Yarn in the world. Any DIP, should be an opportunity to BUY. Look for levels of Rs 200.00-210.00
Recommended at Rs 70.0 levels #VALUE_PICK #MULTIBAGGER
March 2015 vs March 2014
Consolidated Numbers:
Sales : 8879 Crores vs 8567 Crores (UP 5%)
Net Profit : 31.09 crores vs 5.71 crores (UP 600%)
EPS at Rs 4.23 vs Rs 0.35
StandAlone Numbers:
Sales : 4539 crores vs 5264 crores ()
Net Profit : 139 crs vs 16 crs
EPS : Rs 20.78 vs Rs 1.70
Great topline improvement. I see similar performance in coming years. Setting up new plants have made them cost a lil high, and so expenses were more. Otherwise results are inline and expecting a great future in coming 5 years. The production from the Mangalore plant will start from December, making that plant one of the biggest Yarn in the world. Any DIP, should be an opportunity to BUY. Look for levels of Rs 200.00-210.00
