November 8, 2023 - November 10, 2023

Kalyani Cast Tech IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Kalyani Cast Tech IPO.

Kalyani Cast Tech IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Kalyani Cast Tech IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Kalyani Cast Tech IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is in highly competitive segment of castings and containers primarily for railways. The margins posted for the last 15 months’ raises eyebrows and concern over the sustainability. Based on FY24 super annualized earnings, the issue appears reasonably priced. However, the sustainability of such margins remains a major concern. Well-informed investors may park moderate funds for the long-term rewards. Read detail review...

Kalyani Cast Tech IPO Peer Comparison

Kalyani Cast Tech Ltd peer comparison with similar listed entities. (Standalone) (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Kalyani Cast Tech Ltd	16.03	16.03	28.40	8.67	56.45
Texmaco Rail & Engineering Limited	0.62	0.62	42.03	187.58	1.47
Titagarh Rail Systems Limited	8.64	8.64	8.64	75.37	10.73

Notes :

(i) The figures of Kalyani Cast-Tech Limited are based on financial statements as restated as of March 31, 2023.

(ii) Considering the nature and size of the business of the Company, the peers are not strictly comparable. However same has been included for broad comparison.

(iii) The figures for the peer group are based on the standalone audited financials for the year ended March 31, 2023.

Kalyani Cast Tech IPO Review by Members

Kalyani Cast Tech IPO Reviews, analysis and views by popular members. Read Kalyani Cast Tech Ltd IPO reviews by retail investors to find recommended ipo to buy.

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Kalyani Cast Tech IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	0	0	0
%	100.00	0.00	0.00	0.00

Member	Review
Mr G	Apply for Long Term at Cut-off Price financials are good seems in a good segment associated with central government project like railways. so one can apply for the same November 6, 2023 6:42:08 PM

Member

Review

Mr G

Apply for Long Term at Cut-off Price

financials are good seems in a good segment associated with central government project like railways. so one can apply for the same

November 6, 2023 6:42:08 PM

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