Interloop Limited (ILP): Growth prospects warrant a ‘Buy’ – By JS Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We reiterate our Buy rating for Interloop Limited with a Dec-2025 TP of Rs104. The company is going ahead with aggressive expansion and cost optimization plans in order to exploit opportunities in Pakistan&rsquo;s Textile Industry due to displaced export orders from Bangladesh and trade restrictions on China.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">ILP CapEx plans include full-fledged commissioning of Apparels green-field project within FY25, brown-field expansions in Hosiery and Denim plants and cost saving measures. To highlight, the company incurred a CapEx of Rs5bn and transferred Rs20bn to its operating assets this quarter which is in addition to the US$92mn CapEx plans highlighted e...