Hi
Yes this company can be a multibagger from this levels as now bavla facility will start production after succesful edqm inspection plus french facility for next yr will add 20million euros plus indian crams business they can reach to 40% operating margins which they used to do precovid…as pe there latest concall fy25 they can do 20% ebitda and by next fiscal they can do ebitda of 25% with 15% topline growth…company available at a mere 12pe forward fy26 earnings
Because of management issues in past, it raids and issues related to goodwill recognition of 1000 crore, edqm issues this company is not getting desired valuation but once they start showing better results with 25% ebitda there might be a rerating on the cards.
Any senior members @Lynch any updates on the it raids outcome…i couldnt found out what was the penalty levied on the company and is the matter closed or still ongoing?
Disc
Recently added and looking to add more in current volatility