Attended the Aditya vision AGM yesterday.
I had to ask couple of questions. But there was only one investor who asked all the questions. That investor was none other than our @ayushmit bhai, he had come so well prepared and asked some 15/20 odd questions which covered most of the investor questions on AVL. He came so prepared for the AGM and had infact mailed them the questions to management in advance, which is something to learn for future AGMs.
I was surprised with management response, they answered all questions one by one patiently for at least 30 to 45 mins. Even Ayush bhai got surprised as he never thought they will give so much time to one investor. I became like a management interview and Q&A session, much to the benefit of other shareholders.
It will be great if Ayush bhai shares his experience here.
I could not take the notes.
Hope company uploads the AGM video on you tube for learning to all.
One question which was most interesting by @ayushmit as he asked out of FY 22 sales of 900 cr , how much is the contribution of old 42 stores ( up to FY 20) and new 45 stores. Management said around 850 cr i.e close to 90 -95 % of FY 22 sales were contributed by old stores up to FY 20. So new stores are yet to contribute in big way and every year they will open 25 new stores as per investor ppt. This gives lot of comfort on long run way of growth at least till FY 25.
Disc : Invested and views are biased.
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