Whalesbook
Yeh deal Unimech ke liye ek strategic move hai. Unhone Hobel Bellows ko ₹4.5 Billion mein buy kiya hai taaki company ab sirf precision components banane se nikal kar, badhe engineered assemblies aur sub-systems bana sake. Hobel Bellows, jo metallic bellows aur precision assemblies mein expert hai, FY26 mein ₹123.7 Crore ka revenue kama chuki hai. Is acquisition se Unimech ka operations aur efficiency improve hone ki umeed hai, saath hi profit aur cash flow bhi badhne chahiye, aur export markets mein bhi reach badhegi.
Ab brokers ki baat karein toh, Anand Rathi ne Unimech par apna BUY call maintain kiya hai aur price target lagaya hai ₹1,435 ka. Yeh target current levels se kaafi upar hai, matlab unko stock mein dum-dum dikh rahi hai! Anand Rathi forecast kar rahe hain ki FY25 se FY28 tak revenue mein saalana average 44.9% ki tez growth aa sakti hai. Yeh growth aero-tooling mein scaling up, Hobel Bellows ki entry, aur nuclear, semiconductor, aur defense sectors mein expansion se aayegi. Profit bhi saalana 20.5% tak badh sakta hai.
Unimech nuclear aur semiconductor jaise naye sectors mein bhi entry kar raha hai, jo India ke future growth plans ke hisaab se kaafi important hain. India ka semiconductor market 2030 tak $100 Billion ka ho sakta hai. Isi liye, Unimech ko iska fayda milega. Recently, company ne NPCIL se ₹72.20 Crore ka ek bada order bhi jeeta hai, jo December 2028 tak deliver hoga.
Par guys, yahan kuch chinta wali baatein bhi hain. Sabse badi concern hai stock ki valuation. Iska Price-to-Earnings (P/E) ratio kabhi kabhi 77.2x ya 222.23x tak pahunch jaata hai, jo HAL jaise bade competitor (jo 33.4x par trade kar raha hai) se kaafi zyada hai. Iske alawa, Q3 FY26 mein company ke results behad gire hue the. Revenue 37% down tha, Profit Before Tax (PBT) 80% down, aur Profit After Tax (PAT) 85% down! EPS bhi ₹3.37 se girkar ₹0.47 ho gaya tha. Management ne US tariffs ko reason bataya hai, par ye dikhata hai ki cheezein unpredictable ho sakti hain.
Ab dekhna yeh hai ki Unimech Hobel Bellows ko kaise successfully integrate karta hai aur diversification se profit kaise badhata hai. Analysts ka average target bhi around ₹1,402.5 hai, jo dikhata hai ki sabhi ko growth ka chance toh lag raha hai, par high valuation ek bada sawaal hai.