Bhartiya International Ltd. share price target and research reports

Name: Latest research reports of Bhartiya International Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Bhartiya International Ltd.
Rating: 5
Author: ICICI Securities Limited

Latest analyst research reports with target prices and PDF download for BIL, BSE:526666 Bhartiya International Ltd.

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Bhartiya International Ltd.

06 Dec 2018

890.10

5.00%

Bhartiya International

Not Rated: Bhartiya International Ltd.

ICICI Securities Limited

After seeing a moderation in growth in the last three years, Bhartiya International's (BIL) fashion business growth inched up to 16% YoY in H1FY19 along with a 220 bps improvement in EBITDA margin to 10.4%. Going ahead, BIL is looking to achieve a turnover of | 1000 crore in FY20E and improvement in EBITDA margin (12%) as textile business (~35% of topline) reached break-even level. With better revenue growth, it expects better contribution from the textile business. Secondly, we are finding it difficult to monitor the progress of its real estate business given the lack...