Niit Technologies the demerged entity from Niit Ltd is a software provider
The company Compounded Quarterly Growth rate in Earning has remained 33%with a OPM% of around 39
The company is expected to post annual turnover of Rs. 291 Crore with at Net Profit of Rs.101.8 crore for 2006-07 as detailed below
(Rs in Crore except EPS )
Total Income 291.3
Total Expense 166.5
OPBIDT 124.8
OPM 42.8%
Depreciation 22.1
Interest 0.9
N Profit 101.8
NPM 34.9%
EPS 26.2
Target 550 at PE of 21
THe Target Earning and Net Profit for 2007-08 are Rs. 396 Crore and Rs.165 Crore respectively transalting into a earning of Rs 38.3 per share
The current market price is 401 and the Future PE based on 06-07 earning are 15.7 and that of 07-08 is 10.5
this stock is an excellent buy in dips
The company Compounded Quarterly Growth rate in Earning has remained 33%with a OPM% of around 39
The company is expected to post annual turnover of Rs. 291 Crore with at Net Profit of Rs.101.8 crore for 2006-07 as detailed below
(Rs in Crore except EPS )
Total Income 291.3
Total Expense 166.5
OPBIDT 124.8
OPM 42.8%
Depreciation 22.1
Interest 0.9
N Profit 101.8
NPM 34.9%
EPS 26.2
Target 550 at PE of 21
THe Target Earning and Net Profit for 2007-08 are Rs. 396 Crore and Rs.165 Crore respectively transalting into a earning of Rs 38.3 per share
The current market price is 401 and the Future PE based on 06-07 earning are 15.7 and that of 07-08 is 10.5
this stock is an excellent buy in dips