Saturday, August 22, 2020

Alufluoride Ltd – Capacity Expansion

Alufluoride Ltd  closes   at 211.75 with  a  Fall    of  -2.10 %   on    21-Aug-2020   with formation of  a  Red  Candle    on Daily  Price Chart.
About the Company : Alufluoride is engaged in producing Aluminium Fluoride and related products

Alufluoride Ltd has posted Net Sales / Revenue   of 75.72 Cr  & Net Profit  of 10.34 Cr in FY2020 and expected to post Net Sales / Revenue   of 75.50Cr & Net Profit of 9.21 Cr in FY2021 and Net Sales / Revenue   of 96.59 Cr & Net Profit of 13.55 Cr in FY2022 .

Whats the Future : 1. Green field project in Jordan 2.  Earnings are expected to grow at a CAGR of 14.5 percent for the next two years

Valuations  :  The Company is now Trading at X 1.40 of its  valuations ( last 4Quaters earnings considered here)at ~40 % premium  and at X1.07  of its FY 2021, which is now almost  ~7%  Premium to its value  and X0.73 of its FY2022 earnings with a Discount of ~ 27 %.

EV/ EBITDA is  for FY-2020 is 7.7 and 8.3 for FY21 and 5.6 for the FY2022.

The Fare Value of Equity Per Share is 197.43 for FY2021 and 290.46 for FY2022.

Disclaimer : We are / may going to take exposure shortly.

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