KRBL Ltd. share price target and research reports

08 Aug 2019

319.35

2.92%

KRBL Ltd: Consistency with Track Record of Robust Performance

Buy: KRBL Ltd.

Target

Karvy

KRBL Limited has posted robust consolidated operating numbers in Q1FY20 on the back of strong sales and realization in both domestic and export markets. Revenue from operations at Rs. 12177 Mn grew by 63.8% against same period last year and our estimate of Rs. 10686 Mn.

27 May 2019

319.35

2.92%

KRBL Ltd: Robust Q4 and Full Year FY19

Buy: KRBL Ltd.

Recommendation Target

Karvy

Robust Q4 and Full Year FY19 KRBL Limited has posted robust consolidated operating performances on both quarterly and full year basis on the back of strong sales and realization in domestic and export markets.

13 Feb 2019

319.35

2.92%

KRBL Ltd

Hold: KRBL Ltd.

Recommendation Target

Karvy

Q3FY19 - A Mixed Quarter: KRBL Limited has posted Q3FY19 financial result which is broadly in line with our estimates. Consolidated revenue of the company at Rs. 9358 Mn (againstour estimate of Rs. 8856 Mn) is up by 19% on YoY basis.

31 Oct 2018

319.35

2.92%

KRBL Ltd: Healthy Q2FY19 Performance

Buy: KRBL Ltd.

Target

Karvy

Healthy Q2FY19 Performance: KRBL Limited has reported healthy set of consolidated operating numbers duringQ2FY19 wherein its sales at Rs. 12448 has grown by 67.4% on QoQ and 74.0%on YoY basis.

27 Jul 2018

319.35

2.92%

KRBL Ltd: Weaker-than-Expected Q1FY19: Double Digit Sales Gr...

Buy: KRBL Ltd.

Target

Karvy

Weaker-than-Expected Q1FY19: Double Digit Sales Growth Likely: KRBL Limited has reported dip in its top-line by 15% on QoQ and YoY basis as against our expectations of flattish growth, mainly as shipment worth Rs. 2000 Mn could not be shipped in the month of June'18 on account of logistics issue and the same has been shipped in July'18.

23 May 2018

319.35

2.92%

KRBL Ltd: Branding of Products across Product Line: Yielding...

Buy: KRBL Ltd.

Target

Karvy

FY18, proved to be a challenging year for rice milling firms as GST was imposed on branded basmati rice, while leaving private label rice exempted of it. Further, paddy price remained at higher side with volatility. KRBL on its brand strength and inventory built up at a lower price around Rs. 31/kg, could successfully cope up the situation and managed to increase its domestic market share which is at 36%.

15 Mar 2018

319.35

2.92%

Result Update:KRBL

Buy: KRBL Ltd.

Recommendation Target

Axis Direct

We believe that with GST impact getting normalized and changes in consumer preference towards branded Basmati rice in domestic market, also with Iran resuming purchases and entry into premium health foods segment, augurs well for KRBLs earnings.

06 Mar 2018

319.35

2.92%

KRBL Ltd: Growth Story Continues (Mar 06, 2018)

Buy: KRBL Ltd.

Recommendation Target

Karvy

Growth Story Continues; KRBL Limited posted consolidated revenue of Rs. 7835 mn in Q3FY18 which is down by 1.8% as against Q3FY17 on YoY basis, but 9MFY18 revenue ofRs. 23705 mn is up by 6.1% against corresponding period of FY17 on YoY basis.

15 Nov 2017

319.35

2.92%

Result Update:KRBL

Hold: KRBL Ltd.

Target

Axis Direct

KRBL in Q2FY18 posted consolidated revenues of Rs 716 Cr. (flattish YoY, down 18% QoQ), on account of GST related uncertainty. This combined with company's brand strength, higher price realizations in domestic market and other efficiencies, led to KRBL posting record high EBITDA margins of 26.2% v..

15 Nov 2017

319.35

2.92%

KRBL Ltd: Good Showing at Margin Front Continuing (Nov 15, 2017)

Hold: KRBL Ltd.

Target

Karvy

Mixed Earnings with Significantly Improved Margin: KRBL Ltd has delivered mixed performance in Q2FY18. The company reported consolidated revenue from operations in Q2FY18 at Rs.7155 Mn as against Rs.8718 Mn in Q1FY18 and Rs.7147 Mn in Q2FY17, registering de-growth of 17.9% on QoQ basis and flattish growth of 0.1% YoY basis.