it is screener.in
under the charts section you can choose sales and margin option

Given they have over 10 million online downloads and over 50 million users of their website , I would think the terminal value should not be an issue . The digital revenue seems to be growing as well.
Decent cash on the books . I don’t see this business be valued below its book value .
Should be much higher based on a lot of metrics .

The turnaround from a underperforming business to a good one is complete. The management has walked their talk and made many of us rich in the process. (From sub 11% ROCE to 16% ROCE along with reducing debt, From faltering growth to steady growth)

The journey from a good business to a great one begins. The growth drivers are in place. Only part remains is the execution and I have a high confidence on the management on doing so. (ROCE of 20%+ along with negligible debt and consistent growth)

If they can indeed deliver on their potential of 2500-3000cr revenues from CNG segment, along with LPG orders from other 2 PSU’s and Hydrogen segment begins delivering growth, then this can be a 5-10 bagger still from current price in the next 5 years.

(Supreme industries trades at 3 times the valuation multiples of TTPL. Which is justified due to higher ROCE’s, lower debt etc. But if TTPL delivers on it’s strategy, then we can see valuation expansion here as well)

Reliance doesn’t need that money at all is my guess, although like I said that is the biggest risk. Management is not exactly minority shareholder friendly.

Further, to correct, Operating profit from business is ~150-200 Cr, but earnings are coming mostly from treasury gains since depreciation eats up all the operating profits. However, this is also the reason that operations are generating good cash, and hence earlier logic of valuing operating business over and above cash & investments should still hold true in my opinion.
What do you all think? Request your inputs

Actually, it may not be that difficult.

There are 2 documents to consider

1. Guidance from Presentations and Concalls.
2. Quarterly Financials

So, basically, for AI, it is easy to go through the history for a long time – 10 – 20 years in a few seconds. So. if you compare how the guidance from Concalls played out, you can determine the worth of management words.