Excel Crop Care Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for EXCELCROP, BSE:532511 Excel Crop Care Ltd.

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Excel Crop Care Ltd.

30 May 2015

Excel Crop Care: Q4FY15 Results First Cut- Weak Monsoons, Untimely Rains and Pri... (May 30, 2015)

Excel Crop Care Ltd.

Karvy

Excel Crop Care has seen a contraction of 185 bps in gross margins for Q4FY15. This along with increase in employee expenses and low volumes led to a contraction in EBITDA margins by 140 bps. Significant increase in interest expenses is because of a significant jump in net working capital days. The results are below our expectations in terms of Net Working Capital days and margin erosion.

Is Excel Crop Care Ltd. worth buying?

19 Votes:

Buy 73.68%

Sell 15.79%

Hold 10.53%