Bayer Cropscience Ltd.

NSE: BAYERCROP | BSE: 506285 | ISIN: INE462A01022 | Industry: Agrochemicals
| Expensive Performer
6196.0000 -86.00 (-1.37%)
NSE Jul 11, 2025 15:31 PM
Volume: 42,710
 

6196.00
-1.37%
Prabhudas Lilladhar
We lower BYRCS's topline, EBITDA & APAT estimates by 2%/3%/3% for FY21E, 3%/7%/6% for FY22E & 4%/5%/5% for FY23E to factor in lower topline growth and reduced gross margin expansion than earlier anticipated. We downgrade the stock to ACCUMULATE (from BUY) with revised TP of Rs 6090 (Previous 6421) based on 35x Sept'22 EPS of Rs 167. We continue to like the stock due to its lean business model, robust cash flow generation and superior return ratios of ~20-25%. BYRCS's 3% topline growth was largely...
Bayer Cropscience Ltd. is trading above all available SMAs
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