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Jubilant Ingrevia Shares In Focus: Anand Rathi Bets On Earnings Inflection — Buy, Sell or Hold?

FY27 is shaping up as an inflection year for Jubilant Ingrevia, with contract development manufacturing organisation ramp-up, improving nutrition mix and operating leverage across newly commissioned assets, says the brokerage.

Jubilant Ingrevia Shares In Focus: Anand Rathi Bets On Earnings Inflection — Buy, Sell or Hold?
Jubilant Ingrevia remains underpriced despite emerging CDMO visibility and specialty mix upgradation, says Anand Rathi.
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STOCKS IN THIS STORY
Jubilant Ingrevia Ltd
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NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

According to the brokerage firm Anand Rathi, FY27 is shaping up as an inflection year for Jubilant Ingrevia Ltd. with contract development manufacturing organisation ramp-up, improving nutrition mix and operating leverage across newly commissioned assets.

At -1SD valuation (~13-14x EV/Ebitda vs implied 17.5x FY28e EV/Ebitda on its target price), the stock remains underpriced despite emerging CDMO visibility and specialty mix upgradation.

Anand Rathi has maintained its Buy rating with unchanged SOTP-based target price of Rs 975.

Key Risks:

  1. Execution risk in CDMO; and
  2. Slower ramp-up of human-grade B3 capacity utilisation.

Click on the attachment to read the full report:

Anand Rathi Jubilant Ingrevia Update.pdf
VIEW DOCUMENT

ALSO READ: IT Sector Q1 Preview: From Revenue To Margin Outook, How Will TCS, Infosys, Coforge, Mphasis And Other Peers Perform

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