Y/E Mar, Rs mn | FY11 | FY12 | FY13 | FY14E | FY15E | Price | | | | | 157 | Target | | | | | 195 | Reco | | | | | NEU | Net Sales | 9,870 | 15,000 | 22,386 | 26,940 | 29,219 | Growth (%) | | 52 | 49 | 20 | 8 | EBIDTA | 1,484 | 2,166 | 3,356 | 4,233 | 4,248 | EBITDA Margin | | 14 | 15 | 16 | 15 | Net Profit | 946 | 1,181 | 2,003 | 2,391 | 2,738 | Growth (%) | | 25 | 70 | 19 | 14 | EPS, Rs | 6 | 7 | 11 | 13 | 15 | PER, x | 27.0 | 23.6 | 14.6 | 12.3 | 10.7 | EV/EBIDTA, x | 19 | 14 | 9 | 8 | 7 | P/BV, x | 4 | 4 | 3 | 2 | 2 | ROE, % | 16 | 17 | 19 | 19 | 18 | Total debt/Equity (%) | -16.4 | 9.3 | 12.5 | 19.5 | 3.9 |
|