Savita Oil Technologies Ltd. - InvestmentGuruIndia

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EV/EBITDA(x) P/BV 10
Outlook and Conclusion At the current market price of Rs.532.00, the stock is trading at 5.70x FY12E and 4.88 x FY13E respectively. Earning per share (EPS) of the company for the earnings for FY12E and FY13E is seen at Rs.93.35 and Rs.108.93 respectively. Net Sales and PAT of the company are expected to grow at a CAGR of 23% and 23% over 2010 to 2013E respectively. On the basis of EV/EBITDA, the stock trades at 3.32 x for FY12E and 2.87 x for FY13E. Price to Book Value of the stock is expected to be at 1.46 x and 1.12 x respectively for FY12E and FY13E. We expect that the company will keep its growth story in the coming quarters also. We recommend ‘BUY’ in this particular scrip with a target price of Rs.601.00 for Medium to Long term investment. Industry Overview India’s oil and gas sector holds strategic importance in the economy as it meets around 42 per cent of the country’s primary energy demand and contributes over 15 per cent to the gross domestic product (GDP). With an interesting mix of private and government companies, the industry is scaling new heights in domestic and international markets. With a strong resource position, India ranks second (behind Australia and ahead of Vietnam), in BMI’s upstream Business Environment ratings while the country shares first place with China in BMI’s downstream Business Environment ratings. The recently released BMI forecasts state that India will account for 12.4 per cent of Asia Pacific regional oil demand by 2015, while satisfying 11.2 per cent of the supply. 11
Page 1 and 2: Savita Oil Technologies Ltd. Result
Page 3 and 4: Break up of Expenditure Segment Rev
Page 5 and 6: Research and development A team of
Page 7 and 8: Quarterly Ended Profit & Loss Accou
Page 9: P/E Ratio (x) Debt Equity Ratio 9
Page 13 and 14: ising by 5.8 per cent and further t
Page 15 and 16: man while providing quality petrole

Savita Oil Technologies Ltd. - InvestmentGuruIndia

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