292.90 -1.10 (-0.37%)
7,070 BSE Volume
BSEJul 26, 2021 03:31 PM
The 2 reports from 1 analysts offering long term price targets for Nirlon Ltd. have an average target of 400.00. The consensus estimate represents an upside of 36.57% from the last price of 292.90.
| Summary | Date | Stock | Broker | Price at Reco. | Target | Price at reco Change since reco(%) | Upside(%) | Type | Report | Discuss |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021-06-28 | Nirlon Ltd. + | ICICI Securities Limited | 294.70 | 400.00 | 294.70 (-0.61%) | 36.57 | Buy | Nirlon Ltd.
ICICI Securities Limited
Nirlon's FY21 performance was muted. Revenues in FY21 grew 2.2% YoY to | 316.9 crore. For Q4FY21, it was | 77.1 crore, down 6% YoY. Occupancy, which was at 95.2%, was lower QoQ vs. 97.5% in Q3, as one large licensee moved out post expiry of their license. EBITDA for FY21 at | 237.2 crore was up 2.7% YoY. PAT at | 127.4 crore for FY21 was up 16.4% YoY, also aided...
| ||
| 2021-02-11 | Nirlon Ltd. + | ICICI Securities Limited | 284.90 | 355.00 | 284.90 (2.81%) | 21.20 | Buy | Nirlon Ltd.
ICICI Securities Limited
Nirlon currently has operational licensable area of ~1.9 msf across Phase IIV at Nirlon Knowledge Park (NKP), of which, ~97.5% area is licensed out. It clocked lease revenues to the tune of | 255.6 crore in FY20. The occupancy was lower QoQ vs. 99.5% in Q2, as one tenant had vacated earlier than licence term. Nonetheless, the same is likely to be compensated as Morgan Stanley has agreed to license an additional ~32,000 sq ft from March, 2021. Furthermore, post Phase V resumption, Nirlon's licensable area is expected to expand to ~3.1 msf. With this, we expect the company's license fee...
| ||
| 2019-10-17 | Nirlon Ltd. + | ICICI Securities Limited | 225.50 | 300.00 | 225.50 (29.89%) | Target met | Buy |
