Manpasand Beverages Ltd. share price target and research reports

Name: Latest research reports of Manpasand Beverages Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Manpasand Beverages Ltd.
Rating: 5
Author: Motilal Oswal

Latest analyst research reports with target prices and PDF download for MANPASAND, BSE:539207 Manpasand Beverages Ltd.

Manpasand Beverages Ltd.

15 Nov 2017

Manpasand Beverages: Riding on the back of distribution network expan

Buy: Manpasand Beverages Ltd.

Motilal Oswal

Riding on the back of distribution network expansion Revenue in-line; EBITDA misses, but PAT beats estimates: Overall revenue rose 22.8% YoY to INR1,258m (est. of INR1,281m) in 2QFY18. EBITDA margin shrunk 460bp YoY to 17.1% (est. of 20.9%) on account of a significant increase of 480bp in other expenses to 16.5% of net sales (est. of 11.9%). EBITDA declined 3% YoY to INR215m (est. of INR268m). Accordingly, adj. PAT grew 65.3% YoY to INR89m (est. of INR62m) in 2QFY18, led by higher-thanexpected other income (INR64m v/s est. of INR21m). Commencement of distribution via Parle network: 2QFY18 witnessed...

Manpasand Beverages Ltd.

17 Aug 2017

Result Update Q1FY18 Manpasand Beverages

Buy: Manpasand Beverages Ltd.

Religare

Manpasand Beverages reported decent set of numbers for Q1FY18. Net sales increased by 28.6%, while Net profit was up by 25.5% on YoY basis. It has announced bonus in the ratio of 1:1. It has already started capex for doubling its capacity in the next 12-18 months to be financed from the proceeds of the QIP issue (Rs. 500 Cr) done in FY17.

Manpasand Beverages Ltd.

21 Jun 2017

Result Update Q4FY17 Manpasand Beverages

Buy: Manpasand Beverages Ltd.

Target

Religare

Manpasand Beverages reported steady set of numbers for Q4FY17. Net sales increased by 28.6%, while Net profit was up by 22.4% on YoY basis. With doubling of capacity in the next 12-18 months, entry in new markets and launch of new brands, we expect the company to post healthy growth in the coming years.

Manpasand Beverages Ltd.

19 Apr 2017