Prism Johnson Ltd. share price target and research reports

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

Latest analyst research reports with target prices and PDF download for PRSMJOHNSN, BSE:500338 Prism Johnson Ltd.

Prism Johnson Ltd.

05 Jun 2017

126.69

-0.71%

Result Update:Prism Cement

Results Update: Prism Johnson Ltd.

Axis Direct

Strong cement performance: Cement realization was Rs 4,150 per ton, up Rs 350 QoQ. EBITDA per ton increased by Rs 400 QoQ to Rs 910 due to higher realization and operating leverage. Cement volume was 1.56 mnt, up 15% YoY and 30% QoQ

Prism Johnson has lost -33.59% in the last 1 Year

Prism Johnson Ltd.

09 Aug 2016

126.69

-0.71%

Prism Cement : Strong volumes, coupled with improved realizations, bo

Buy: Prism Johnson Ltd.

Motilal Oswal

Strong volume growth: Prism Cement’s (PRSC) standalone 1QFY17 revenues declined 1.3% YoY to INR12.8b (15% miss) due to a fall in TBK revenue. Amid industry volume growth of 4%, PRSC’s cement volumes rose 13.7% YoY (est. of +6% YoY) to 1.55mt, led by a 9.4%/7.9% QoQ/YoY increase in cement realizations to INR4,111/ton. Motilal Oswal SOTP value for PRSC is INR122/share (EV of USD113/ton, and 9.5x FY18E cement EBITDA, 5x FY18E RMC EBITDA and 8x FY18E TBK EBITDA). PRSC is a play on central India recovery, although its longterm growth is likely to lag peers on the back of limited expansion. Profitability of TBK business remains a cause of concern. Maintain Buy.

Prism Johnson has lost -33.59% in the last 1 Year

Is Prism Johnson Ltd. worth buying?

101 Votes:

Buy 72.28%

Sell 17.82%

Hold 9.9%