Can you explain this a bit more ?
“Production Linked Incentives are recognized as income when on the basis of the judgment of the management”

Reads very bad

currently, I am holding the below stocks.
Remember my portfolio weightage is equal in each stock on a buying basis.
Stocks name & buying price.

1. Ircon 71
2. MPS 1516
3. maharashtra seamless 672
4. REC 215
5. IPL 277
6. PFC 238
7. Gokaldas Exports 590
8. krsnaa 567
9. sonata software 1238
10. glenmark pharma 448
11. welspun living 122
12. mstc 365
13. sequent 94
14. equitasSFB 67
15. welspun corp 483
16. mastek 2097
17. marksans 70
18. vaibhav globle 366
19. cignititech 995
20. surya roshni 547
21. hscl 176
22. sunteck 422
23. AGIgreenpac 362
24. pricol 182
25. vsttillers 3061
26. angelone 1705
27. gabriel 255
28. timetechnoplast 143
29. anup eng 1462
30. sigachi 39
31. electrocast 87
32. karur vysya 145
33. idfc first bank 61
34. ujjivan finance 501
35. CMSInfo 377

I apologize for my mistake. I have now revised my comment. It’s 100 cr annual turnover in coming 3 years and not 1.

@sameernics pl go through the investor presentation to understand the kind of boats, their order book to understand the expanding scope of operations. It will be too much to put everything here. https://www.bseindia.com/xml-data/corpfiling/AttachLive/b8ed911f-4015-44a0-a949-4140c0b20e6e.pdf

For basic understanding of dredging- What is Dredging – History, Importance And Effects

As number of ships increases the repair opportunity for them will become huge(one of their business segment). Do’t miss the cheapest labour advantage India will have over next few years to draw business from other countries.

The sand mining contract from Bahrain is a significant achievement. Waste to Wealth is playing in all sectors.

Indian ports are working towards the development of the basic infrastructure such as mechanization and the creation of more berths and deepening of channels, which will offer strong demand for the dredging operations.
The development of greenfield ports would also propel the demand for dredging in India. As per the Ministry of Shipping (MoS), in the next few years, most of the key ports would increase their capacity to accommodate bigger ships. Apart from these, the increasing need for new developments from Navy, offshore exploration, and national waterways, the scope of the Indian dredging industry seems vast. Take cue from the numbers of Mazagon, Cochin Shipyard for the growth in order book.

Something very intersting I learnt from Ray Dalio from his book Principles for the Changing World Order. As we as a country increase our merchandise exports, we will have to have a bigger naval fleet for our SLOCs. https://www.orfonline.org/expert-speak/indias-defence-budget/