EPL LTDLong
This specialty packaging co. looks to be moving to Stage 2!
The company is a producer of plastic packaging material in the form of multilayer collapsible tubes and laminates used primarily for packaging of toothpaste, personal care, cosmetics, pharmaceuticals, household and industrial products.
• World's largest global specialty packaging company, manufacturing laminated plastic tubes catering to the FMCG and Pharma
space with units in ~10 countries.
Key Financials:
• Total Revenue for latest quarter increased ~13% YoY
• Net Profit for latest quarter increased by >73% YoY
• TTM Net Profit margin increased from ~5% to ~8%
Red Flag Check:
• Promoter holding in the company has almost stayed constant at ~52% with insignificant pledging
• Debt:Equity ratio is <0.5 with ~5x interest coverage
• Stock is not under any exchange surveillance lists
Key Technicals:
• Stock has broken out of 1-year stage 1 consolidation zone with heavy volumes
• Stock has broken out of a cup-and-handle formation
• Stock is showing higher relative strength compared to benchmark index
Disclaimer:
This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
• World's largest global specialty packaging company, manufacturing laminated plastic tubes catering to the FMCG and Pharma
space with units in ~10 countries.
Key Financials:
• Total Revenue for latest quarter increased ~13% YoY
• Net Profit for latest quarter increased by >73% YoY
• TTM Net Profit margin increased from ~5% to ~8%
Red Flag Check:
• Promoter holding in the company has almost stayed constant at ~52% with insignificant pledging
• Debt:Equity ratio is <0.5 with ~5x interest coverage
• Stock is not under any exchange surveillance lists
Key Technicals:
• Stock has broken out of 1-year stage 1 consolidation zone with heavy volumes
• Stock has broken out of a cup-and-handle formation
• Stock is showing higher relative strength compared to benchmark index
Disclaimer:
This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
Pratik
Disclaimer
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