GMM Pfaudler Ltd., incorporated in the year 1962, is a Mid Cap company (having a market cap of Rs 5510.87 Crore) operating in Engineering sector.
For the quarter ended 31-12-2020, the company reported a Consolidated sales of Rs 201.81 Crore, up 8.35 % from last quarter Sales of Rs 186.25 Crore and up 29.39 % from last year same quarter Sales of Rs 155.97 Crore. Company reported net profit after tax of Rs 23.11 Crore in latest quarter.
The brokerage expects the company to register CAGR of 20% and 33% in EBITDA and PAT over FY21-23E. It maintains BUY with TP of INR 4,550, based on 35x FY23E EPS (40x Indian business and 20x global business.