Hi Gaurav,
Thanks for sharing the annual report.
Let’s see the breakup of the 8.9 Cr which looks like a huge jump.
In 8.9 we have 2.5 of the previous year and 6.3 of the present year. The 6.3 comprises of the 4.8 cr proceeds from the borrowings. Hence one should see the cash and cash equivalents in the balance sheet in the light of debt taken by the company.
For checking out the value creation stuff you can check if the company is generating free cash flow year on year( FCF is basically the left out cash after taking care of the operational need and capex requirement of the company). An average for last three year can be taken in this case.
Again thanks for sharing this company, we only learn from cross-learning & nobody is expert in anything if he is a life long learner.
Regards
Shivansh Mishra
| Subscribe To Our Free Newsletter |
