Analysts have raised their price target for Eternal from $343 to approximately $378. They cite stronger projected revenue growth, despite a slightly lower profit margin outlook and higher expected future valuation multiples.
What's in the News
- Eternal Limited's board approved the incorporation of Eternal General Service Foundation, a wholly owned subsidiary focused on charitable and social welfare activities in India (Board Meeting, Company Announcement).
- Eternal General Service Foundation will support initiatives including hunger relief, healthcare, education, environmental sustainability and disaster response (Business Expansions, Company Announcement).
- Antfin Singapore Holding Pte Ltd, a unit of Alibaba Group, will sell its entire 1.95% stake in Eternal Limited through a $612 million block deal at a discount to market price, with Morgan Stanley and Bank of America managing the sale (M&A Rumors and Discussions).
Valuation Changes
- Consensus Analyst Price Target increased from ₹343 to approximately ₹378, reflecting a higher valuation outlook.
- Discount Rate remained largely unchanged and rose only marginally from 15.16% to 15.16%.
- Revenue Growth projection has increased substantially from 54.94% to 66.15%.
- Net Profit Margin forecast has declined noticeably from 5.98% to 3.84%.
- Future P/E multiple is expected to rise significantly, from 73.7x to 114.7x.
Disclaimer
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