Whirlpool Of India Q3FY19: PAT up by 16.84; Overweight

Firstcall India Equity | Feb. 6, 2019, 12:54 p.m.

Outlook & Conclusion

At the current market price of Rs. 1462.15, the stock P/E ratio is at 48.17 x FY19E and 42.04 x FY20E respectively.

Earning per share (EPS) of the company for the earnings for FY19E and FY20E ts seen at Rs. 30.36 and Rs. 34.78 respectively.

Net Sales and PAT of the company are expected to grow at a CAGR of 12% and 16% over 2017 to 2020E respectively.

On the basis of EV/EBITDA, the stock trades at 24.69 x for FY19E and 21.65 x for FY20E.

Price to Book Value of the stock 1s expected to be at 8.50 x and 7.07 x for FYI9E and FY20E respectively.

Hence, we say that, we are Overweight in this particular scrip for Medium to Long term investment.



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