April 23, 2024 - April 25, 2024

Emmforce Autotech IPO Review & Recommendations

Arihant Capital Markets Ltd and Dilip Davda have given "Apply" recommendation to Emmforce Autotech IPO.

Emmforce Autotech IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	2	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

Emmforce Autotech IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Arihant Capital Markets Ltd	Apply
Dilip Davda	Apply

Emmforce Autotech IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is engaged in niche automotive drivetrain parts. It posted growth in top and bottom lines for FY21 and FY22, but marked de-growth for FY23 following piled up inventories with its clients. It is back on track as expressed by 7M-FY24 earnings. Based on FY24 annualized earnings, the issue appears fully priced. Well-informed investors may park funds for the medium to long term rewards. Read detail review...

Emmforce Autotech IPO Peer Comparison

Emmforce Autotech Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Emmforce Autotech Limited	2.93	2.93	15.63		18.71	6.27	Standalone
Divgi Torqtransfer Systems Limited	18.45	18.45	360.53	44.31	9.28		Standalone

Notes:

Based on March 31, 2023, restated financial statements.
Based on Financial Results of Peer Group Companies.
Basic & Diluted Earnings per share (EPS) and Net Assets Value per share are calculated on the weighted average number of shares after considering the Bonus Issue of Shares.

Emmforce Autotech IPO Review by Members

Emmforce Autotech IPO Reviews, analysis and views by popular members. Read Emmforce Autotech Limited IPO reviews by retail investors to find recommended ipo to buy.

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Emmforce Autotech 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
Abhii VPG IPO Mentor (1000+ Posts, 300+ Likes)	Apply for Long Term at Cut-off Price Apply for both listing gains & ultra gains in long term. 👍🏻 April 24, 2024 1:04:29 AM

Member

Review

Abhii VPG

IPO Mentor (1000+ Posts, 300+ Likes)

Apply for Long Term at Cut-off Price

Apply for both listing gains & ultra gains in long term. 👍🏻

April 24, 2024 1:04:29 AM

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