EPL Ltd. share price target

Company expects America geography to grow at a healthy rate as Columbia and Mexico have stabilize & seeing strong growth. In EAP recent traction in oral care and continuation of healthy growth in non-oral care should lead to high single digit growth. India business...

Consolidated revenues witnessed an increase of ~11% YoY to | 634 crore largely on account of ~41% and ~10% YoY increase in revenue of Europe and EAP regions, respectively. However, revenues from Amesa & America region were impacted by demonetisation and lower offtake from key customers, respectively. The company's consolidated business of EDG in Q3FY17 resulted in a sharp rise in revenue from Europe. Revenue contribution of non oral care segment increased from 38.4% to 40.1% during Q4FY17...

Income from operations (net of excise) witnessed a increase of 17.9% y-o-y to Rs 588.09 crore ($87.2m) largely on account of 53.7% & 8.7% y-o-y increase in revenue of Europe and Americas regions respectively. However, revenues from AMESA & EAP region grew by just 3.7% & 1.8% on y-o-y basis. EDG Germany became a fully owned subsidiary (associate earlier) of the company with effect from 30th September, 2016. After gaining market share of 34% in oral care segment, Essel has started focusing on huge untapped opportunity in non-oral care segment which is relatively more profitable; however its...

We met with the management of Essel Propack to get recent updates on business and strategy for the company going ahead India business has attained normalcy in most of the categories post demonetization barring cosmetic business which is yet to normalize as companies are slow in terms of new launches and waiting for GST rate. China oral care decline for last few quarters have...

Essel Propack: Increasing revenue share of non-oral care segment, Demonetization impact on Indian operations, Positive outlook for other geographies

ICICI Securities Ltd | Retail Equity Research Consolidated revenues witnessed increase of ~17% YoY to | 607 crore (I-direct estimate: ~| 542 crore) largely on account of ~54% and ~9% YoY increase in revenue of Europe, Americas regions respectively. However, revenues from Amesa & EAP region impacted by lower offtake from key customers. Company consolidated business of EDG during Q3FY17 which resulted in sharp rise in revenue from Europe. Revenue contribution of non oral care...

Essel Propack: Increasing revenue share of non-oral care segment, Likely improvement in RoE could act as re-rating