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Motilal Oswal has buy call on Jubilant Pharmova Ltd. with a target price of Rs 960. The current market price of Jubilant Pharmova Ltd. is Rs 793.1. Time period given by analyst is one year when Jubilant Pharmova Ltd. price can reach defined target.
Jubilant Pharmova Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 12593.56 Crore) operating in Pharmaceuticals sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1586.47 Crore, down -10.62 % from last quarter Total Income of Rs 1774.93 Crore and down -34.19 % from last year same quarter Total Income of Rs 2410.85 Crore. Company reported net profit after tax of Rs 199.30 Crore in latest quarter.
Investment Rationale
The brokerage value JP at 12M forward EV/EBITDA of 9x, factoring in a strong order book in CDMO and strong franchise in the Radiopharma segment, and arrive at TP of INR960. It remains positive on JP as it has a robust foundation in place to drive the CDMO business, a healthy product pipeline in the Radiopharma/Generics segment, and attractive valuations
Promoter/FII Holdings
Promoters held 50.7 per cent stake in the company as of March 31, 2021, while FIIs held 25.8 per cent, DIIs 1.3 per cent and public and others 22.3 per cent.
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
Jubilant Pharmova Ltd., incorporated in the year 1978, is a Mid Cap company (having a market cap of Rs 12593.56 Crore) operating in Pharmaceuticals sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1586.47 Crore, down -10.62 % from last quarter Total Income of Rs 1774.93 Crore and down -34.19 % from last year same quarter Total Income of Rs 2410.85 Crore. Company reported net profit after tax of Rs 199.30 Crore in latest quarter.
Investment Rationale
The brokerage value JP at 12M forward EV/EBITDA of 9x, factoring in a strong order book in CDMO and strong franchise in the Radiopharma segment, and arrive at TP of INR960. It remains positive on JP as it has a robust foundation in place to drive the CDMO business, a healthy product pipeline in the Radiopharma/Generics segment, and attractive valuations
Promoter/FII Holdings
Promoters held 50.7 per cent stake in the company as of March 31, 2021, while FIIs held 25.8 per cent, DIIs 1.3 per cent and public and others 22.3 per cent.
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
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