Century Plyboards

The plywood business sees a lot of competition from the unorganized sector. With GST it is not possible to evade taxes.

What this means is that the unorganized plywood business is going to see margins getting squeezed, improving prospects for a player like Century Plyboards.

The shares of the company last closed at Rs 191 on the NSE. 

Relaxo

The footwear business like the Plywood business sees a lot of competition from the unorganized sector.

These will now come under the ambit of the GST, making it a better profitable proposition for a company like Relaxo, which will be able to take-on the unorganized sector better. 

The shares of Relaxo last closed at Rs 468 on the NSE. 

VRL Logistics

Logistics companies like VRL, pay a lot of taxes across states. When there is a single tax rate and more uniformity, the company could benefit. However, the profitability of the company has dipped sharply in this quarter. So watch before buying the stock.

The stock closed at Rs 305 on the NSE. 

INOX Leisure

Cinema companies pay taxes that are very high. In fact, their taxes could reduce if the GST rate is implemented, which would be much lower than what they pay now.

Inox Leisure could benefit. The stock closed at Rs 221. 

PVR

Even another multiplex company like PVR would benefit, due to lower taxes. However, the stock of PVR presently has a very high price to earnings multiple.

The stock closed at Rs 965. 

Godrej Consumer

Consumer goods companies like Godrej Consumer would benefit from lower warehousing costs. The company is also likely to benefit from rationalization of taxes.

The shares of Godrej Consumer Products closed at Rs 1432 on the NSE. 

Exide Industries

Battery manufacturers would also gain as the unorganized sector would have to now pay taxes. This could help companies like Exide gain.