One more thing: It is all about increasing EPS.

Still assessing this company. At this valuation, it seems like Good buy for 4-5 yrs then 300B electronic export target can be met.

Contra views are welcomed.

43rd Annual General Meeting (AGM) – Pakka Limited

Who are there competitors in India and globally…
what are its competitive and Technology /R&D advantage with the Company…
Are global players not working on compostible packaging

Disclosure : Invested for last 2 years and 2% of my portfolio.

FILATEX INDIA

• The Company in June 2023, started receiving the transmission of power from its captive hybrid wind and solar power project.
  With the commissioning of this 10.8 MW project, the company is estimated to receive 50 million units of renewable power on an annual basis with savings of more than INR 10 crore annually.

• The PBILDT margin is expected to improve to around 8%-10% (from current 4-5%).
  The margin is expected to improve due to the implementation of the BIS certification, which should restrict cheaper imports from China.

• FIL is working on a pilot project for recycling any form of polyester waste into chips. It may plan to implement a large-sized commercial project for recycling in the future if the pilot is successful.

as and when there is a breakout from the red line, the target can be till the green lines.

There is one report from Nuvama regarding this. Report captures company situation correctly.
One more concern is pledging & selling of shares from Cyrus family. Their 90% of stake is pledged.

Good thing is company is looking to reduce the debt using QiP as per recent exchange notification.

Note: I’ve invested in Company recently as I think, PAT will follow recently.

Both segments seems to look promising in long term .In PU segment they have been developing new products we have to see how they do.