Buy Emami Ltd. target Rs 1245: Dharmesh Shah

Dharmesh Shah of ICICI Direct has buy call on Emami Ltd. with a target price of Rs 1245. The current market price of Emami Ltd. is Rs 1145.0. The time period given by the analyst is a week when Emami Ltd. price can reach defined target. Dharmesh Shah recommended to keep stoploss at Rs 1084.0 .

Emami Ltd., incorporated in the year 1983, is a Large Cap company (having a market cap of Rs 25806.22 Cr.) operating in Personal Care sector.
Emami Ltd. key Products/Revenue Segments include Ayurvedic Medicines which contributed Rs 1760.19 Cr to Sales Value (72.41 % of Total Sales), Cosmetics & Others which contributed Rs 587.32 Cr to Sales Value (24.16 % of Total Sales), Ayurvedic Products which contributed Rs 69.45 Cr to Sales Value (2.85 % of Total Sales), Others which contributed Rs 9.26 Cr to Sales Value (0.38% of Total Sales) and Other Operating Revenue which contributed Rs 4.50 Cr to Sales Value (0.18% of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-03-2017, the company has reported a Consolidated sales of Rs 577.58 Cr., down -20.35% from last quarter Sales of Rs 725.17 Cr. and down -3.86% from last year same quarter Sales of Rs 600.79 Cr. Company has reported net profit after tax of Rs 83.30 Cr. in latest quarter. The company’s top management includes Mr.Amit Kiran Deb, Mr.Harsha V Agarwal, Mr.K N Memani, Mr.M D Mallya, Mr.Mohan Goenka, Mr.P K Khaitan, Mr.Prashant Goenka, Mr.R S Agarwal, Mr.R S Goenka, Mr.S B Ganguly, Mr.Sajjan Bhajanka, Mr.Sushil K Goenka, Mr.Y P Trivedi, Mrs.Priti A Sureka. Company has S K Agrawal & Co. as its auditors. As on 31-03-2017, the company has a total of 226,967,619 shares outstanding.