Agencies has buy call on with a target price of Rs 700. The current market price of Sona BLW Precision Forgings is Rs 454.65. Time period given by analyst is 12 months when Sona BLW Precision Forgings price can reach defined target.
Sona BLW Precision Forgings, incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 26472.10 Crore) operating in Auto Ancillaries sector.
Sona BLW Precision Forgings key Products/Revenue Segments include Other Auto Components, Scrap, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 660.22 Crore, up 11.86 % from last quarter Total Income of Rs 590.24 Crore and up 12.62 % from last year same quarter Total Income of Rs 586.25 Crore. Company has reported net profit after tax of Rs 92.55 Crore in latest quarter.
The company’s top management includes Mr.Sunjay Kapur, Mr.Vivek Vikram Singh, Mr.Prasan Abhaykumar Firodia, Ms.Shradha Suri, Mr.Venkata Rama Subbu Behara, Mr.Jeffrey Mark Overly, Mr.Ganesh Mani, Mr.Amit Dixit. Company has Walker Chandiok & Co. LLP as its auditors. As on 31-12-2022, the company has a total of 58 Crore shares outstanding.
Investment Rationale
Diversified revenue, increasing share of EVs and strong order book makes the company one of the best plays in the EV space. The brokerage expects Sona BLW to post a c.37% EPS CAGR over FY22-25E.
Sona BLW Precision Forgings, incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 26472.10 Crore) operating in Auto Ancillaries sector.
Sona BLW Precision Forgings key Products/Revenue Segments include Other Auto Components, Scrap, Other Operating Revenue and Export Incentives for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company has reported a Consolidated Total Income of Rs 660.22 Crore, up 11.86 % from last quarter Total Income of Rs 590.24 Crore and up 12.62 % from last year same quarter Total Income of Rs 586.25 Crore. Company has reported net profit after tax of Rs 92.55 Crore in latest quarter.
The company’s top management includes Mr.Sunjay Kapur, Mr.Vivek Vikram Singh, Mr.Prasan Abhaykumar Firodia, Ms.Shradha Suri, Mr.Venkata Rama Subbu Behara, Mr.Jeffrey Mark Overly, Mr.Ganesh Mani, Mr.Amit Dixit. Company has Walker Chandiok & Co. LLP as its auditors. As on 31-12-2022, the company has a total of 58 Crore shares outstanding.
Investment Rationale
Diversified revenue, increasing share of EVs and strong order book makes the company one of the best plays in the EV space. The brokerage expects Sona BLW to post a c.37% EPS CAGR over FY22-25E.
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