Breakout observed and Target mentioned in chart
SL - 858
The prospects of the industry are different across various commodities, with the prospects for lead top the chart.
The Battery Waste Management Rules, 2022, is one such landmark policy that will benefit Gravita India, as the company is an organised lead recycler. The brokerage added that the prospects for plastic and e-waste recycling also appear promising but require further policy support.
Kotak Securities expects the revenue and PAT to grow 20 percent and 22 percent CAGR, respectively, over the next three years. The brokerage sees an RoCE of more than 20 percent and potential for multi-year compounding growth.
FUNDAMENTALS
Market Cap
₹ 6,858 Cr.
Current Price
₹ 993
High / Low
₹ 1,167 / 465
Stock P/E
29.3
Book Value
₹ 96.8
Dividend Yield
0.44 %
ROCE
31.6 %
ROE
42.0 %
Face Value
₹ 2.00
Price to book value
10.2
Intrinsic Value
₹ 558
PEG Ratio
0.81
Price to Sales
2.25
Debt
₹ 523 Cr.
Debt to equity
0.78
Int Coverage
6.82
Reserves
₹ 655 Cr.
Promoter holding
66.5 %
Pledged percentage
0.00 %
EPS last year
₹ 29.1
Net CF
₹ 6.95 Cr.
Price to Cash Flow
34.3
OPM last year
7.39 %
Return on assets
18.9 %
Industry PE
26.0
Sales growth
12.1 %
SL - 858
The prospects of the industry are different across various commodities, with the prospects for lead top the chart.
The Battery Waste Management Rules, 2022, is one such landmark policy that will benefit Gravita India, as the company is an organised lead recycler. The brokerage added that the prospects for plastic and e-waste recycling also appear promising but require further policy support.
Kotak Securities expects the revenue and PAT to grow 20 percent and 22 percent CAGR, respectively, over the next three years. The brokerage sees an RoCE of more than 20 percent and potential for multi-year compounding growth.
FUNDAMENTALS
Market Cap
₹ 6,858 Cr.
Current Price
₹ 993
High / Low
₹ 1,167 / 465
Stock P/E
29.3
Book Value
₹ 96.8
Dividend Yield
0.44 %
ROCE
31.6 %
ROE
42.0 %
Face Value
₹ 2.00
Price to book value
10.2
Intrinsic Value
₹ 558
PEG Ratio
0.81
Price to Sales
2.25
Debt
₹ 523 Cr.
Debt to equity
0.78
Int Coverage
6.82
Reserves
₹ 655 Cr.
Promoter holding
66.5 %
Pledged percentage
0.00 %
EPS last year
₹ 29.1
Net CF
₹ 6.95 Cr.
Price to Cash Flow
34.3
OPM last year
7.39 %
Return on assets
18.9 %
Industry PE
26.0
Sales growth
12.1 %
Trade active:
Towards Target 1