- The mgmt is sticking to its growth rate guidance of 25% CAGR. If I take that slightly conservatively, then they could hit a rev of Rs.1300 by 2026. Considering 13% NPM and PE of 12, the market cap could double from current levels in 4 years. This is an interesting opportunity given their focus on maintaining healthy OP margin levels.
- Construction waste management is an area where they could enter sooner, this could help in contributing to the 25% revenue CAGR.
What could be the risks to the revenue growth aspirations?
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