Hello,
Today Bought FILATEX INDIA at 141, for long term, This is one of the most safest bet for 2 years time frame.
Reason:
Filatex India has posted revenue of 1550 for FY17, with EBITDA at 128cr and PAT at 41 with EPS of apx.10, So CMP 140 is TRADING at 14PE.
Filatex undergone, a capacity addition and as per MD, Interview on ET now today:
FY18 topline will be around - 1800 with APX 9% margins, EBITDA at apx.162cr and PAT can come in range of 65-70cr, giving it 15-18EPS and with 12 PE value comes out to be 220.
Now the Game changer:
FY19 , MD said,topline will be around - 2500-2600 with APX 10% margins, EBITDA at apx.250-260cr and PAT can come in range of 125-130cr, giving it apx 30EPS and with 12 PE value comes out to be 360.
Clear Long Term View, Profit clearly visible on Long term.
P.S: It has moved for 70 to 140 is last 3 months...it can go down for some profit booking, and that will be good time to average.
Thanks.
Disclaimer: This Blog, its owner, creator / contributor is not a research analyst and expressing opinion only as an individual investor in Indian equities. He/She is not responsible for any loss arising out of any information, post or opinion appearing on this blog. Investors are advised to consult financial consultant before acting on any such information. All information in this blog is posted for personal study, All information posted on blog is as available in public domain.
Today Bought FILATEX INDIA at 141, for long term, This is one of the most safest bet for 2 years time frame.
Reason:
Filatex India has posted revenue of 1550 for FY17, with EBITDA at 128cr and PAT at 41 with EPS of apx.10, So CMP 140 is TRADING at 14PE.
Filatex undergone, a capacity addition and as per MD, Interview on ET now today:
FY18 topline will be around - 1800 with APX 9% margins, EBITDA at apx.162cr and PAT can come in range of 65-70cr, giving it 15-18EPS and with 12 PE value comes out to be 220.
Now the Game changer:
FY19 , MD said,topline will be around - 2500-2600 with APX 10% margins, EBITDA at apx.250-260cr and PAT can come in range of 125-130cr, giving it apx 30EPS and with 12 PE value comes out to be 360.
Clear Long Term View, Profit clearly visible on Long term.
P.S: It has moved for 70 to 140 is last 3 months...it can go down for some profit booking, and that will be good time to average.
Thanks.
Disclaimer: This Blog, its owner, creator / contributor is not a research analyst and expressing opinion only as an individual investor in Indian equities. He/She is not responsible for any loss arising out of any information, post or opinion appearing on this blog. Investors are advised to consult financial consultant before acting on any such information. All information in this blog is posted for personal study, All information posted on blog is as available in public domain.
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