as part of Investor Rewards Fortnight, JainMatrix Investments is proud to present its fourth reward Report, Adani Port and SEZ – An Indian Port Dominator. The entire report is published here, for the first time in public, for your benefit.
Readers may note that the share has appreciated by 88% since my Buy call 10 months ago.
- 23rd Aug 2013
- CMP: Rs 123
- Large Cap – Market Cap 25,500 crores
- Advice: Medium Risk, High Gain stock. BUY with a 2 yr perspective
JainMatrix Investments presents investors the complete report on Adani Port and SEZ as part of the Investor Rewards Fortnight.
Key Reasons to Invest:
- AP’s Mundra Port and Indian operations are excellent infra assets with Revenues, EBITDA and Profits up by 36%, 32% and 50% CAGR over the last 5 years.
- AP can emerge as a port sector dominator in 3-4 years. The currently govt. dominated Indian Port sector is constrained on capacity and efficiency, offering a large opportunity.
- Divestment of the Abbot Point Port, Australia has de-risked the business.
- It has only medium debt, and the cash flow is likely to improve in coming quarters.
- Risk: Environmental review and SEZ clearances by Govt. of India.
This is an update of my Sept 2012 report ‘Adani…
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