Standard Industries Ltd. share price target and research reports

Name: Latest research reports of Standard Industries Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: Standard Industries Ltd.
Rating: 3
Author: HDFC Securities

Latest analyst research reports with target prices and PDF download for SIL, BSE:530017 Standard Industries Ltd.

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Standard Industries Ltd.

14 Nov 2019

17.60

-3.24%

Safari Industries (India) Ltd

Standard Industries Ltd.

Angel Broking

For 2QFY2020, Safari Industries (SIL) posted Strong Result top-line and bottom-line growth. Revenue grew ~31% yoy to `170cr. On the margin front, the company reported operating margin improvement by 98bps yoy. On the bottom-line front, SIL reported de-growth of ~30% yoy to ~`8cr due to Strong top-line and operating performance. Outlook and Valuation: Going ahead,

Standard Industries Ltd. has lost -34.38% in the last 1 Year

Standard Industries Ltd.

29 May 2019

17.60

-3.24%

Siemens (Update): Too futuristic. Maintain NEUTRAL

Neutral: Standard Industries Ltd.

HDFC Securities

SIL's fundamentals are closely linked to digitalization of manufacturing and services. Continuous investment in innovation by Parent/SIL provides a key competitive advantage. The speed and magnitude of technology absorption by SIL's clients will be the key driver for multiple re-rating. Upcoming corporate actions preclude rich valuations, which would otherwise accrue naturally to a business with this pedigree. We maintain NEU. Key risks (1) Delays in capex recovery, (2) Slowdown in private investments, (3) INR depreciation, and (4) Any adverse corporate action by Parent. We attended the Siemens India Ltd. (SIL) Innovation Day where in SIL showcased its global technologies/products in AI, IoT, Data Analytics, Digital Twin, Next 47 initiative etc. The sessions were taken up by Siemens AGs global leaders who talked about the parents seriousness in bringing new age technologies to SILs Indian customers. We maintain NEU on SIL with a TP of Rs 1,165/sh.

Standard Industries Ltd. is trading below all available SMAs

Standard Industries Ltd.

17 May 2019

17.60

-3.24%

Siemens (2QFY19): Transformation to the encore. NEUTRAL

Neutral: Standard Industries Ltd.

HDFC Securities

SIL stands to benefit from secular growth in less cyclical segments like Smart Infrastructure. Government investment in Gas & Power is expected to recover as the installed base ages and upgrades are needed. Meanwhile, Metro projects will drive the Mobility segment. Digital Industries' market can multiply as automation and efficiency initiatives pick up. Upcoming corporate actions preclude rich valuations, which would otherwise accrue naturally to a business with this pedigree. Hence, we recommend NEU. Key risks (1) Delays in Government capex recovery, (2) Slowdown in private investments, (3) INR depreciation, and (4) Any adverse corporate action by Parent. We recommend a NEU on Siemens India Ltd. (SIL) with a TP of Rs 1,165/sh. SIL is well placed to monetize its strength in digitalization of Manufacturing/Smart Infra. This shall lead to clients taking up discretionary efficiency improvement initiatives. Introduction of newer technologies will further improve margins and aid growth.

Standard Industries Ltd. has lost -34.38% in the last 1 Year

Is Standard Industries Ltd. worth buying?

168 Votes:

Buy 76.19%

Sell 13.69%

Hold 10.12%