Superb Q1:RCI Industries

RCI industries has reported excellent growth for Q1:

              Q1FY18 Q1FY17

Sales.    555.       419

PAT.        8.22.      2.83

EPS.        6.13.      2.60

Sharp improvement in margins. *Sales have grown by 32% to 555cr whereas NP zooms by 190% to 8.22cr*

Q1 EPS Rs 6.13.

RCI is on course to achieve EPS of 31 for FY18. *Stock is trading at _6.60xFY18eEPS_*