Multibagger

Nilkamal & Somany Cermaics can be a multibagger

 

I read somewhere nilkamal has not done any innovations,but dolly khanna is big investor in it.Sonami can give good kick to ur port

 

Somany Ceramics has been recommended by ICICI Direct in recent report with TP of Rs. 426 (18% upside).

"Somany Ceramics (Somany) emerged as the third largest tiles player in
the Indian tiles industry. It witnessed 23.3% CAGR in topline in FY10-14
(industry average: 16.6%) through aggressive capacity expansion from
16.7 msm in FY10 to 42.5 msm currently largely through a JV model.
Going ahead, we remain positive on Somany’s growth prospects
considering the structural shift in the industry post the Morbi
development, its aggressive expansion plans and shift towards JV model.
Consequently, we expect Somany’s earnings to grow at 44.4% CAGR in
FY14-17E without any significant incremental capex resulting in an
improvement in return ratios. Hence, we initiate coverage on Somany
with a BUY rating with a target price of | 426 (19x FY17 EPS)."

Copy of report on Somnay by ICICI is attached.

 

Nilkamal has been recommended by Angel Broking with TP of Rs. 566.

"We expect the company’s Plastics business to post a
CAGR of 11.5% (with an upturn in the economy) over FY2014-2017E, which will
aid the company to post a revenue CAGR of 9.4%, over the same period, to
`2,167cr. The EBITDA margin is expected to stabilize at 7.5% in FY2015E and
improve to 8.1% in FY2017E. The debt for the company is expected to reduce by
`62cr over FY2014-17E, resulting in lower finance costs. Consequently, the
company would post a net profit CAGR of 17.5% over FY2014-17E to `65cr, as
per our estimates. At the current market price, the stock is trading at FY2017E PE
of 10.1x. We initiate coverage on the stock with a Buy rating and a target price of
`566, based on a target FY2017E PE of 13x."

Copy of Nilkamal research report is attached.

 

Nilkamal tgt acheived.spectacular returns