You can’t really value a aggressively growing company with an existing metric. If you do, it always looks like overvalued.
That is why you look outside the company and how it impacts future of the company(revenues, sales etc)

for a company which is

• 99% dependent on service fees charged from customers, and all revenue only from Airlines

• Losing market share the moment they started charging service fees

• in a slow avaiaton growth scenario ( 5% is q4 domestic growth)
• trying to get in to corporate which is a very long cycle and extremely competitive
• buying hotels from the money generated which is cyclical as well as a very different business to run
• has almost nil interest from any of the mutual fund in India except LIC
• has no interest from FII barring one
• will continue to lose share in domestic Aviation OTA market purely because of behemoth like MMT and 5-8 more OTA apps becoming stronger
• EVen indigo is going DIRECT way breaking parity as well attracting people to their own app

Easemytrip will have disastrous Q4 results, would be losing market share.

unsure why this stock is valued at what it is valued at:)

Me too. This is risky

Nothing to write home about in the price action for the moment, positive or negative. I don’t think think they would have disclosed pre sales numbers at the meet. I think the Q4 pre sales of 678cr is decent, albiet slightly lower than the projection. Lower collections is not ideal, and hopefully will pick up in Q1. Will have to be tracked.

I’m most interested in whether the Naigaon rveenues reflect in Q4 or if we have to wait for longer. Right now I think the stock will perform when general retail perception improves as it has a relatively low free float, and retail perception deoends largely on reported P&L numbers.

I’m waiting, and adding on dips to 400.

Hey @thakurvi

Like most on here its been a good run so ive nothing to post really. Ive held strong through the drawbacks and rises… Only major change is im no longer putting money into small or mid caps but targetting the large safe laggards… as mentioned above ive built a big position in hdfc bank. Since then ive been building positions in Kotak, Sbi cards and HUL near 52 week lows for both me and my wifes PFs. With HUL especially Im hoping i get atleast a year to build a huge amount at these valuations with a nice dividend of around 2 percent as a bonus. Can see some really good safe , low downside moderate low teens cagr long term here. Some good compounders available for cheap at present but i dont track infosys