Thanks for making this thread Chethan.
Company looks great on numbers and I have been invested for quite some time now in this company. My rationale behind investment was based more on the theme of digitalisation and how this company might help the grand sector of bringing new and old companies up to date with technologies.
Along with all the aspects of the company (which you have already covered), there are few things which have been pain points for me to understand. This is mainly on the Trade receivables and Trade payable.
There is a huge gap between revenue growth and trade receivable growth compared to previous quarters. The fear that lingers with this is, that whether the company is showing sales are revenue but realisation might be far away. The reason can be attributed to business dealing with government agencies but then too the increase in receivables is very steep.
Hope you have more idea about this.
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