Amara Raja Batteries – Multibagger Analysis

We had noticed that Amara Raja Batteries Ltd. is a common multibagger from repuded analysts.  We are publishing our Value/Growth aspect based view on the stock.



Warren Buffett Checklist

History of Consistently Increasing Sales, Earnings & Cash Flow image
Durable Competitive Advantage    image
Future Growth Drivers   image
Conservative Debt (long term debt < 3 Net Profit)   image
Return on Equity must be Above Average   image
Low CAPEX required to maintain current operations   image
Management is holding / buying the stock   image
Price is Under Valued (< intrinsic value)   image
Stock Price is consolidating   image

Additional Futurecaps Checklist

PE, PB Ratio   image
Cash Flow Positive   image
Paying Dividends, Tax   image
EPS Growth Rate   image
Expected Gain in 10 Years   image
Power of Brand Branding attracts more sales, more profit margins! image
Corporate Governance, Reputation of Leaders   image


Considering the above aspects we declare Amara Raja Batteries Ltd. as a potential multibagger.


Considering the large cap capitalization, A group, reputation we can invest up to 10% in the stock.  5%, 3%, 2% break up investment advised.


Futurecaps recommends 20 to 25 multibaggers per year, we recommend a 25% to 50% allocation of your savings in equity.  The stocks recommended here are gone through Analysts of several years experience in stock market.  Although they were successful in predicting future multibaggers, the overall stock market is a risky game.  So we recommend the reader to put his/her own thoughts & invest wisely.

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