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Tuesday, October 26, 2010

Gujarat Ambuja Exports: Promoter Guidance for Year 2010-2011

Recent interview of promoter Mr Manish Kumar Gupta in CNBC TV18.
The promoters of Gujarat Ambuja Exports have provided the following guidance.

1. Guidance for Topline (Total Sales) for the year ending March 2011 1600Cr
2. EBDIT (earnings Before Depreciation Interest and Tax) ..no guidance given but generally next 2 quarters are better for GAEL .. so assuming we maintain the current margins of 9.5%
Sales Year ending March 2011: 1600Cr
EBDIT margin 9.5% = 152Cr
Net Profit Margin: 5.43% = 86.88Cr
EPS: Rs6.28
Please note these numbers mentioned above are "Estimates" and could be on the higher side.

I think what we need to keep in mind is:
1. Average Topline for GAEL for past 5 years: 1515.68Cr
2. Average Gross Profit for GAEL for past 5 years: 113.71Cr (EBDIT Margin 7.5%)
3. Average Net Profit for GAEL for past 5 years: 47.88Cr (Net Profit Margin: 3.15%)

So all the above mentined estimates are definitely within the capacity of GAEL. Infact we could see GAEL exceed the 1600Cr topline... and already the Net Profit Margin is 5.43% for GAEL for the past 3 quarters..

Please find link to the CNBC TV18 earnings call with Mr Manish Gupta

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has2008 said...


The latest issue of Dalal street investment journal has an article on GAEL.


What'sUp Prahalad said...


This is great news I will go and buy it today!!

Are they recommending a buy on GAEL? any price targets..

Thanks fr the info!1
=happy investing