Thanks for the reply. I have one more question. Due to fright cost reduction with the same volume they will have 20-25 cr added to ebitda this FY. Is there any chance of topline coming down due to crude price falling? Because in FY22 the revenue was 1.38x over fy21 w/o much volume growth.
So due to cpp extra 20 cr to ebitda + freight cost coming down giving additional 20-25 cr ebitda should take the ebitda to 90 cr. so it’s available at forward ev/ebitda of 4.68. Historical lowest ev/ebitda around 4. So will there be any negative impact of crude price coming down on the bottom line or the gross profit level? except this negative point the company seems to be at cheap valuation.
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