McNally Bharat Engineering Company Ltd. share price target and research reports

Name: Latest research reports of McNally Bharat Engineering Company Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: McNally Bharat Engineering Company Ltd.
Rating: 5
Author: Karvy

Latest analyst research reports with target prices and PDF download for MBECL, BSE:532629 McNally Bharat Engineering Company Ltd.

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McNally Bharat Engineering Company Ltd.

30 Nov 2015

McNally Bharat Engineering Company Ltd: Turnaround Ahead, As Economy on Revival ... (Nov 30, 2015)

Buy: McNally Bharat Engineering...

Karvy

Margin expansion promises encouraging outlook: Despite registering muted revenue growth and slight increase in CoGS, MBEL managed to register an EBITDA margin of 2.5% for FY15. Going forward, on account of healthy revenue growth aided by revival in the economy further supported by stable CoGS & employee costs, we believe EBITDA & EBIT margins to expand by 580 bps each to reach 8.3% & 6.4% respectively by FY17E. Also PAT margin is expected to enter into positive territory resulting in an EPS of Rs. 2.6 in FY17E.

McNally Bharat Engineering Company Ltd.

17 Dec 2012

McNally Bharat Engineering

Buy: McNally Bharat Engineering...

ICICI Securities Limited

Is McNally Bharat Engineering Company Ltd. worth buying?

100 Votes:

Buy 75.0%

Sell 16.0%

Hold 9.0%