Gujarat Pipavav Port Ltd. share price target

Gujarat Pipavav Port Ltd Q1FY18 results comment Revenue decreased by 3.16% to Rs. 169.06 Cr in Q1FY18 when compared to the previous quarter.

ICICI Securities Ltd | Retail Equity Research Revenues grew 1.2% YoY (up 3% QoQ) to | 169.1 crore (I-direct estimate: | 168.4 crore). The flattish growth was mainly on the back of loss of a liner (INDFEX) during the quarter. The impact was completely offset by the commencement of ME-1 liner, added in Q4FY17 Container volumes de-grew 4% YoY (up 4% QoQ) to 165000 TEUs vs. our expectation of 171000 TEUs. The sequential increase in volumes was on account of a new liner added during the quarter. Bulk volumes...

Revenue increased by 3.84% to Rs. 156.74 Cr in Q4FY17 when compared to the previous quarter

ICICI Securities Ltd | Retail Equity Research Revenues grew 8.4% YoY (up 3% QoQ) to | 174.6 crore (I-direct estimate: | 173.5 crore). Growth was mainly on the back of execution of a project cargo to the extent of | 24.6 crore Container volumes came in at 158000 TEUs vs. our estimate of 170000 TEUs. Bulk volumes stayed adversely impacted in the quarter at 301000 MT vs. 502000 MT in Q3FY17 and 377000 MT in Q4FY16. Rail volumes fell 13% YoY to 1580000 MT vs. 1810000 MT in Q4FY16,...

Revenue fell by 5.61% to Rs. 154.75 Cr in Q3FY17 when compared to the previous quarter. On the other hand, it rose by 3.42% when compared with Q3FY16

BUY Gujarat Pipavav Port Ltd at CMP Rs. 150 add on dips to Rs. 133 - 140 for the Targets Rs. 177, 195

Container volumes de-grew 6% YoY (up 1% QoQ) to 167000 TEUs vs. our expectation of 174000 TEUs. This was completely offset by growth in bulk volumes, which was at 14% YoY (down 29% QoQ) to 502000 MMT vs. our estimate of 400000 MMT. Rail volumes continued to remain sluggish with de-growth of 3% YoY to 1.76 MMT. Following seasonal demand, liquid volumes for the quarter grew 22% YoY to 230000 MT compared to 189000 MT in Q3FY16 (78000 MT in Q2FY17). Growth in volumes for Ro-Ro facility were impressive with highest...

ICICI Securities Ltd | Retail Equity Research Revenue for Q2FY17 grew 16% YoY (up 3% QoQ) to | 172 crore (Idirect estimate: | 173 crore). Optically, growth was higher mainly due to a subdued Q2FY16 on account of bad weather conditions Container volumes grew 14% YoY (down 3% QoQ) to 166000 TEUs (vs. expectation of 171000 TEUs). Likewise, bulk volumes also grew 12% YoY (up 18% QoQ) to 705000 MT. Growth in rail volumes remained sluggish at 2% YoY (up 8% QoQ) to 1.82 MMT. Liquid volumes grew 20% YoY (down 48% QoQ) to 128000 MT. Growth in...

ICICI Securities Ltd | Retail Equity Research GPPL's Q1FY17 revenues de-grew 9% YoY (down 4% QoQ) to | 167 crore (I-direct estimate: | 176 crore). The decline was mainly on the back of continued numbness in container and bulk volumes Container volumes were at 172000 TEUs (down 11% YoY; 3% QoQ) compared to our expectation of 189100 TEUs. Rail volumes de-grew 32% YoY (down 7% QoQ) to 1.69 MMT. Bulk volumes remained down, with de-growth of 41% YoY to 600000 MT. Liquid volumes...

ICICI Securities Ltd | Retail Equity Research GPPL's revenues for Q4FY16 continued to be impacted for the second consecutive quarter by loss of certain lines. Revenues were...