We expect 15-20 percent EBITDA in laundry service eventually, Ullas Kamath, joint managing director of Jyothy Laboratories said.
We will be happy with a growth of 15 percent in Ujala
K Ullas Kamath
Joint MD
Jyothy Labs
Ullas Kamath, joint managing director of Jyothy Laboratories expects the company's revenue to grow nearly 20 percent in FY15. Speaking to CNBC-TV18 about the road ahead, he said volume growth is seen at 10-12 percent and EBITDA margin is likely to hover in the 13-14 percent range in FY15.
Jyothi Laboratories reported a handsome profit in the first quarter of FY15 as interest costs declined. Shares of the company have been trading up about 18 percent this year.
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Jyothy Labs stock price
On September 02, 2014, at 14:15 hrs Jyothy Laboratories was quoting at Rs 223.40, up Rs 1.95, or 0.88 percent. The 52-week high of the share was Rs 232.25 and the 52-week low was Rs 142.55.
The company's trailing 12-month (TTM) EPS was at Rs 7.14 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 31.29. The latest book value of the company is Rs 48.64 per share. At current value, the price-to-book value of the company is 4.59.
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