Kamdhenu DEMERGER
Kamdhenu paint segments growing @20%,annual sales now 250 cr with npm around 3% means net profit 7.50 cr and expected Eps 4.
PAINT BUSINESS trading at higher pe more than 50,if we assume its pe only 40 then paint stock should be 200 currently if demerger.
Kamdhenu paint segments growing @20%,annual sales now 250 cr with npm around 3% means net profit 7.50 cr and expected Eps 4.
PAINT BUSINESS trading at higher pe more than 50,if we assume its pe only 40 then paint stock should be 200 currently if demerger.
KAMDHENU paint can generate 500 cr annual sales in 3 or 4 years with npm 4% which can be more in falling crude prices.
So kamdhenu net profit should be 20 cr till 2022
Annual eps around 10.
If we take it 40 p/e then it's paint stock should trade around 400 in next 3 years.
So kamdhenu net profit should be 20 cr till 2022
Annual eps around 10.
If we take it 40 p/e then it's paint stock should trade around 400 in next 3 years.
Steel business earns good royalty income which is growing fastly having kamdhenu brand which is an intangible asset, how much valuation it has yet to find.
OVERALL kamdhenu demerger unlock its value
OVERALL kamdhenu demerger unlock its value
