S Chand and Company Q3FY18: Sales has grown at a CAGR of 31.6%; Upside 32%

At CMP, the share is trading at EV/Ebitda of 7.2x and PE of 13.6x FY19E EPS of Rs 35.1. We recommend a BUY on S Chand with a target price of Rs 632, based on 18x FY19E EPS (32% return).