Real-time Estimate
Tradegate
03:51:26 01/07/2024 pm IST
|
5-day change
|
1st Jan Change
|
92.5
EUR
|
-2.12%
|
|
-11.68%
|
-7.53%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
5,104
|
9,901
|
13,657
|
7,248
|
12,137
|
10,638
|
-
|
-
|
Enterprise Value (EV)
1 |
5,220
|
9,802
|
13,716
|
7,646
|
12,300
|
11,032
|
10,967
|
11,221
|
P/E ratio
|
35.1
x
|
51.7
x
|
49
x
|
24.6
x
|
50
x
|
53.6
x
|
39.3
x
|
30.3
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
2.5
x
|
4.08
x
|
3.98
x
|
1.7
x
|
2.75
x
|
2.31
x
|
2
x
|
1.72
x
|
EV / Revenue
|
2.55
x
|
4.04
x
|
3.99
x
|
1.79
x
|
2.79
x
|
2.4
x
|
2.06
x
|
1.81
x
|
EV / EBITDA
|
21.5
x
|
30.3
x
|
28.3
x
|
13.2
x
|
22.3
x
|
21.2
x
|
16.5
x
|
13.3
x
|
EV / FCF
|
603
x
|
50.6
x
|
-129
x
|
-22.2
x
|
48.1
x
|
1,473
x
|
758
x
|
90.1
x
|
FCF Yield
|
0.17%
|
1.98%
|
-0.78%
|
-4.5%
|
2.08%
|
0.07%
|
0.13%
|
1.11%
|
Price to Book
|
6.94
x
|
9.96
x
|
10.3
x
|
4.43
x
|
6.3
x
|
4.96
x
|
4.36
x
|
3.6
x
|
Nbr of stocks (in thousands)
|
1,01,058
|
1,03,997
|
1,05,592
|
1,06,118
|
1,06,570
|
1,07,012
|
-
|
-
|
Reference price
2 |
50.51
|
95.20
|
129.3
|
68.30
|
113.9
|
99.41
|
99.41
|
99.41
|
Announcement Date
|
20/02/20
|
25/02/21
|
24/02/22
|
23/02/23
|
22/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,045
|
2,426
|
3,434
|
4,264
|
4,414
|
4,601
|
5,323
|
6,186
|
EBITDA
1 |
242.6
|
323
|
485.1
|
577
|
551.1
|
520.9
|
662.7
|
843.4
|
EBIT
1 |
159.2
|
214.6
|
339
|
396.8
|
321.4
|
263.8
|
371
|
501.1
|
Operating Margin
|
7.78%
|
8.85%
|
9.87%
|
9.3%
|
7.28%
|
5.73%
|
6.97%
|
8.1%
|
Earnings before Tax (EBT)
1 |
150.4
|
207.2
|
334.1
|
385.6
|
311.5
|
252.8
|
353.5
|
461.8
|
Net income
1 |
150.6
|
195
|
283.2
|
298.2
|
246
|
203.5
|
278.1
|
360.4
|
Net margin
|
7.36%
|
8.04%
|
8.25%
|
6.99%
|
5.57%
|
4.42%
|
5.22%
|
5.83%
|
EPS
2 |
1.440
|
1.840
|
2.640
|
2.780
|
2.280
|
1.856
|
2.527
|
3.282
|
Free Cash Flow
1 |
8.65
|
193.7
|
-106.3
|
-344.2
|
256
|
7.49
|
14.46
|
124.6
|
FCF margin
|
0.42%
|
7.99%
|
-3.1%
|
-8.07%
|
5.8%
|
0.16%
|
0.27%
|
2.01%
|
FCF Conversion (EBITDA)
|
3.57%
|
59.97%
|
-
|
-
|
46.45%
|
1.44%
|
2.18%
|
14.77%
|
FCF Conversion (Net income)
|
5.74%
|
99.35%
|
-
|
-
|
104.06%
|
3.68%
|
5.2%
|
34.57%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
20/02/20
|
25/02/21
|
24/02/22
|
23/02/23
|
22/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
914.3
|
1,029
|
1,090
|
1,098
|
1,048
|
1,122
|
1,136
|
1,108
|
1,048
|
1,157
|
1,192
|
1,156
|
1,275
|
1,339
|
EBITDA
1 |
100.8
|
135.8
|
150.3
|
147.9
|
143.1
|
149.6
|
152.8
|
140.9
|
107.8
|
141.3
|
144.8
|
116.3
|
149.5
|
174.5
|
EBIT
1 |
61.09
|
95.61
|
106.4
|
101.7
|
94.72
|
95.52
|
94.97
|
84.77
|
46.17
|
76.76
|
78.56
|
48.31
|
83.52
|
106.9
|
Operating Margin
|
6.68%
|
9.29%
|
9.76%
|
9.26%
|
9.04%
|
8.51%
|
8.36%
|
7.65%
|
4.4%
|
6.63%
|
6.59%
|
4.18%
|
6.55%
|
7.99%
|
Earnings before Tax (EBT)
1 |
59.97
|
92.81
|
104.7
|
98.62
|
89.45
|
90.65
|
92.08
|
83.53
|
45.28
|
74.37
|
76.99
|
46.55
|
76.61
|
100.2
|
Net income
1 |
49.87
|
70.95
|
81.83
|
76.18
|
69.24
|
71.52
|
71.45
|
65.92
|
37.08
|
57.96
|
60.07
|
36.4
|
60.42
|
78.65
|
Net margin
|
5.45%
|
6.9%
|
7.51%
|
6.94%
|
6.61%
|
6.37%
|
6.29%
|
5.95%
|
3.54%
|
5.01%
|
5.04%
|
3.15%
|
4.74%
|
5.88%
|
EPS
2 |
0.4600
|
0.6600
|
0.7600
|
0.7100
|
0.6400
|
0.6600
|
0.6600
|
0.6100
|
0.3400
|
0.5280
|
0.5493
|
0.3349
|
0.5480
|
0.7057
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
24/02/22
|
05/05/22
|
04/08/22
|
03/11/22
|
23/02/23
|
04/05/23
|
03/08/23
|
02/11/23
|
22/02/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
116
|
-
|
58.4
|
398
|
163
|
394
|
329
|
583
|
Net Cash position
1 |
-
|
99
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.4763
x
|
-
|
0.1204
x
|
0.6895
x
|
0.2951
x
|
0.7563
x
|
0.497
x
|
0.6915
x
|
Free Cash Flow
1 |
8.65
|
194
|
-106
|
-344
|
256
|
7.49
|
14.5
|
125
|
ROE (net income / shareholders' equity)
|
22.3%
|
22.1%
|
22.6%
|
19.9%
|
13.7%
|
9.59%
|
12%
|
13.6%
|
ROA (Net income/ Total Assets)
|
6.76%
|
6.12%
|
7.94%
|
7.35%
|
5.46%
|
4.13%
|
5.2%
|
-
|
Assets
1 |
2,227
|
3,185
|
3,568
|
4,059
|
4,507
|
4,931
|
5,347
|
-
|
Book Value Per Share
2 |
7.280
|
9.560
|
12.50
|
15.40
|
18.10
|
20.00
|
22.80
|
27.60
|
Cash Flow per Share
2 |
1.950
|
3.830
|
2.810
|
1.050
|
7.450
|
3.770
|
4.590
|
6.430
|
Capex
1 |
196
|
212
|
408
|
457
|
548
|
449
|
486
|
549
|
Capex / Sales
|
9.58%
|
8.76%
|
11.87%
|
10.71%
|
12.41%
|
9.75%
|
9.13%
|
8.87%
|
Announcement Date
|
20/02/20
|
25/02/21
|
24/02/22
|
23/02/23
|
22/02/24
|
-
|
-
|
-
|
Last Close Price
99.41
USD Average target price
110.4
USD Spread / Average Target +11.08% Consensus |
1st Jan change
|
Capi.
|
---|
| -5.84% | 31Cr | | -3.16% | 15Cr | | -.--% | 13Cr | | -17.01% | 10Cr | | -15.90% | 6.27Cr |
Builder Merchants
|