_Too Good_
*Please read carefully*
Oudh Sugar Mills:
Q3FY17 9mFY17
Sales 368. 1028
PBT. 76. 133
Income. 14.65. 14.65
Tax
*Deferred. 26.15. 46*
Tax
NP. 34.73. 72.56
EPS. 12.90. 26.51
OSML has literally reported mind losing nos for Q3
_Q3 NP is almost equivalent to H1 NP_
Co has provided 26 cr for Deferred Tax which is mere *accounting entry, no cash outgo*. It means actual NP for Q3 alone is 60 cr and _actual EPS for Q3 alone is 23_
Similarly, for 9 months, deferred tax is 46cr. Thus, *real NP for 9 months is 118 cr which gives EPS of 45*
In Q4, sugar realisation is higher by Rs 2 per kg. _It means Q4 should be better than bumper Q3_
*TP 300-350 in 6 months*
Most attractive stock in Sugar industry
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