Buy Inox Leisure, target price Rs 699: Prabhudas Lilladher

Prabhudas Lilladher has buy call on Inox Leisure with a target price of Rs 699. The current market price of Inox Leisure Ltd. is Rs 512.15. Time period given by analyst is one year when Inox Leisure Ltd. price can reach defined target.

Inox Leisure Ltd., incorporated in the year 1999, is a Mid Cap company (having a market cap of Rs 6260.09 Crore) operating in Media & Entertainment sector.

Inox Leisure Ltd. key Products/Revenue Segments include Income From Films, Beverages & Food and Other Operating Revenue for the year ending 31-Mar-2021.



Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 589.42 Crore, up 81.13 % from last quarter Total Income of Rs 325.42 Crore and up 2211.45 % from last year same quarter Total Income of Rs 25.50 Crore. Company reported net profit after tax of Rs 57.09 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 44.04 per cent stake in the company as of 30-Jun-2022, while FIIs owned 16.94 per cent, DIIs 26.31 per cent.