NSE: SMLISUZU | BSE: 505192 | ASM

Mid-range Performer

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1516.40 -51.40 (-3.28%)

36.95% Fall from 52W High

18,129 NSE+BSE Volume

NSE 01 Apr, 2025 1:19 PM (IST)

2,194.5

Market Cap

Low in industry

1.5

Beta 1Year

Very High Volatility

SML Isuzu Ltd. share price target and research reports

Name: Latest research reports of SML Isuzu Ltd. authored by HDFC Securities and published by - Trendlyne research reports.
Item: SML Isuzu Ltd.
Rating: 5
Author: HDFC Securities

Latest analyst research reports with target prices and PDF download for SMLISUZU, BSE:505192 SML Isuzu Ltd.

SML Isuzu Ltd.

11 Nov 2017

1516.40

-3.28%

SML Isuzu (2QFY18): Short-term blip, long-term positive. Maintain BUY

Buy: SML Isuzu Ltd.

HDFC Securities

We value SMLI on 20x P/E on Sept-19E EPS. Maintain BUY with a TP of Rs 1225. SML Isuzu posted in-line revenue at Rs 2.27bn (-25% YoY) in 2Q. Volumes fell by 35% YoY (2.26k), owing to unsold BS3 inventory, insufficient supply of chassis frame components, shortage of BS4 components and a slowdown in Bus demand. EBITDA came in at Rs 45mn (-74% YoY), with margin at 2% (-338bps YoY), impacted by operating de-leverage and conversion cost (~Rs 8mn) of vehicles from BS3 to BS4.

SML Isuzu Ltd. is trading above its 100 day SMA of 1416.6

SML Isuzu Ltd.

28 Sep 2017

1516.40

-3.28%

SML Isuzu (Update): Bottoming out. Maintain BUY

Buy: SML Isuzu Ltd.

Target

HDFC Securities

Maintain BUY with a TP of Rs 1225. We hosted the management of SML Isuzu (SMLI) for a series of investor meetings. We believe that SMLIs growth ahead will be based on (1) Strong brand equity in the school bus segment and debottlenecking of capacity in the peak season, (2) increase in capacity utilisation led by expanding presence in the cargo segment, (3) Technology support from Isuzu Motors (which owns 15% stake in the company), (4) Expanding the product and distribution network, (5) Improvement in margins led by operating leverage.

SML Isuzu Ltd. has lost -12.13% in the last 1 Week

SML Isuzu Ltd.

11 Aug 2017

1516.40

-3.28%

SML Isuzu (1QFY18): Near-term blip, long-term positive. Maintain BUY

Buy: SML Isuzu Ltd.

Target

HDFC Securities

Maintain BUY with TP of Rs 1,325 (20x FY19E EPS). SML Isuzu posted in-line revenue in 1Q at Rs 3.1bn (31% YoY). Volumes fell by 36% YoY owing to de-stocking at the dealer level pre GST implementation, weak replacement demand and subdued freight rates. EBITDA came in at Rs 183mn (-71% YoY), with margin at 5.7% (-770bps YoY), impacted by operating de-leverage and one-time conversion cost (~Rs 50mn) of vehicles from BS3 to BS4. Although FY18 numbers are expected to be subdued owing to hit in earnings in 1Q (peak season for school buses), we believe the company is well-placed to reap the rising demand of the passenger carrier segment.

SML Isuzu Ltd. is trading below its 150 day SMA of 1572.0

SML Isuzu Ltd.

25 May 2017

1516.40

-3.28%

Result Update Q4FY17 SML Isuzu

Buy: SML Isuzu Ltd.

Target

Religare

SML Isuzu reported in-line Q4FY17 revenue growth; however Net profit took a hit due to BSIV implementation from April 1, 2017. Net revenue increased 16.2%, whereas EBITDA and PAT declined 30.8% and 46.9% respectively on YoY basis led by one time BS III write off.

SML Isuzu Ltd. is trading above its 100 day SMA of 1416.6

SML Isuzu Ltd.

11 May 2017

1516.40

-3.28%

SML Isuzu (4QFY17): Near-term headwinds, long-term gains. Maintain BUY

Buy: SML Isuzu Ltd.

Target

HDFC Securities

SMLs 4Q APAT stood at Rs. 156mn (-7% YoY), slightly below expectations. The top-line at Rs 3.7bn ( 16%) was aided by 16% volume growth. EBITDA margin contracted 360bps YoY to 5.3% owing to higher RM cost ( 320bps YoY). In 4Q, the company wrote off Rs 101mn (including a margin loss on sales returns and freight costs etc), which added to RM costs. Excluding this one-off, EBITDA margin stands at 8% vs exp. of 8.5%.

SML Isuzu Ltd. has gained 43.63% in the last 1 Month

SML Isuzu Ltd.

11 May 2017

1516.40

-3.28%

SML ISUZU Ltd: BS-III Ban Results in Volume Push During Q4FY... (May 11, 2017)

Hold: SML Isuzu Ltd.

Target

Karvy

BS-III Ban Results in Volume Push During Q4FY17: SML ISUZU Ltd (SML) recorded 15184 vehicles during FY17 which is 19.6% higher than that of FY16 where it was 12700 vehicles. Clearly, major push was attributed by the BS-III ban on vehicles which led volumes for Q4FY17 to grow at 61.7%/21.0% QoQ/YoY clocking 4241 vehicles.

SML Isuzu Ltd. has lost -12.13% in the last 1 Week

SML Isuzu Ltd.

21 Feb 2017

1516.40

-3.28%

Result Update Q3FY17 SML Isuzu

Buy: SML Isuzu Ltd.

Target

Religare

SML Isuzu reported in-line Q3FY17 numbers, wherein Net sales increased by 18.3% to Rs. 228.1 Cr and Net profit stood at Rs. 3.1 Cr compared to Net loss of Rs. 0.9 Cr in Q3FY16. The total volume for the quarter stood at 2,623 units, up 12% on YoY basis.

SML Isuzu Ltd. has lost -12.13% in the last 1 Week

SML Isuzu Ltd.

10 Feb 2017

1516.40

-3.28%

SML Isuzu (3QFY17): Steady performance continues. Maintain BUY

Buy: SML Isuzu Ltd.

Target

HDFC Securities

Although moderately below our expectations, SML reported strong numbers in 3QFY17. The top-line stood at Rs 2.3bn ( 18%), aided by 12% volume growth and 5% increase in net ASP. The EBITDA margin stood at 4% ( 264bps YoY), driven by an improvement in the product mix (cargo: bus mix 64:36 vs 67:33 in 3QFY16)

SML Isuzu Ltd. has lost -12.13% in the last 1 Week

SML Isuzu Ltd.

30 Jan 2017

1516.40

-3.28%

Pick of the Week: SML Isuzu Ltd.

Buy: SML Isuzu Ltd.

Target

HDFC Securities

BUY SML Isuzu Ltd CMP at Rs. 1202 and add on Dips Rs. 1120 - 1070 for the targets of Rs. 1432

SML Isuzu Ltd. has gained 43.63% in the last 1 Month

SML Isuzu Ltd.

10 Nov 2016

1516.40

-3.28%

SML ISUZU Ltd: Weak Quarter Due to Seasonality, Still Maintains Growth (Nov 10, 2016)

Hold: SML Isuzu Ltd.

Target

Karvy

Weak Quarter Due to Seasonality, Still Maintains Growth: SML posted revenue of Rs. 3046Mn in Q2FY17 down by 34.2% QoQ and up by13.3 % YoY driven by volume movement of (30.0%) QoQ/12.7% YoY and realization de-growth of 6.1% QoQ and +0.6% YoY. EBITDA margins declined by 730bps QoQ to 5.2% during Q2FY17 from 12.5% during Q1FY17 impacted by revenues andfixed costs effect, while raw material costs remained flattish as compared to the previous quarter.

SML Isuzu Ltd. is trading below its 150 day SMA of 1572.0

No results found

Is SML Isuzu Ltd. worth buying?

83 Votes:

Buy 79.52%

Sell 12.05%

Hold 8.43%