Whalesbook
Emkay Global Ne Diya UltraTech Ko Boost!
Brokers ke beech mein hype hai! Emkay Global Financial ne UltraTech Cement ka target badha kar ₹13,000 kar diya hai aur 'BUY' ki rating ko bhi reaffirm kiya hai. Matlab, analysts ka full support hai company ko.
Company Ka Performance Kaisa Hai?
Toh bhai, UltraTech Cement ne consolidated EBITDA mein 21% ka solid jump dikhaya hai (year-on-year) aur quarter-on-quarter toh 43% badhotri hui hai! Domestic grey cement mein company ne 9.3% volume growth achieve kiya hai, jo industry average 7% se zyada hai. Iska matlab hai ki company apna market share pakka badha rahi hai.
Cost Control Aur Pricing Power
Sabse achhi baat yeh hai ki operating costs stable rahe hain, year-on-year same aur sequential 2% kam. Haan, US-Iran conflict ki wajah se thoda ₹50 per tonne ka impact pada hai, par company ne quickly acquired assets ko integrate karke cost control kiya hai. Grey cement realizations bhi 2.5% badhe hain quarter-on-quarter. Result? EBITDA per tonne ₹1,253 ho gaya, jo analysts ke estimates se bhi upar hai.
Expansion Plans Aur Future Outlook
UltraTech Cement ab FY28 tak 240 million tonnes per annum (mtpa) capacity tak pahunchna chahti hai. Analysts ke hisaab se, India ke infrastructure boom mein yeh company ek solid investment hai aur market volatility mein bhi safe hai. Emkay Global ko yakin hai ki company cost savings karti rahegi aur market mein apni leadership maintain karegi.
Analyst Ka Final Verdict
Emkay Global ne FY27 ke EBITDA forecast ko 11% tak badha diya hai. Unka ₹13,000 ka price target March 2028 ke estimated EV/EBITDA ke 18 times valuation par based hai. Toh, pakka hai ki 'BUY' rating abhi bhi jaari hai!