United States

Analyst Research Report Snapshot


Kirloskar Oil Engines Ltd. | Q4FY13 Management Concall




IndiaNivesh Securities Pvt Ltd


05 May 2013





Companies referenced:


Available for Immediate Download

Kirloskar Oil Engines Ltd. | Q4FY13 Management Concall At CMP of Rs 182, KOEL is trading at FY14E and FY15E, P/E multiple of 10.4x and 9.1x, respectively. After taking in to account improved sustainable earnings quality, nil debt on books, and RoE (of 18.5% for FY15E), we have assigned target P/E multiple of 12.0x (for FY15E) to arrive at price target of Rs 240. Given that the stock is trading attractively at 31.9% discount to its FY15E based price target of Rs 240, we maintain BUY rating on the stock.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.