Krsnaa Diagnostics – what is the diagnosis?

On lighter note, This is due to stock price underperformance so what’s missing and wrong with management and company could get more attention.

I noticed since last few concalls /press release , management has been conservative as they have beaten down on their guidance to 3x of profit and 2x of revenue on base FY22 as they are going to miss guidance and their experience during last year or so they have had a lesson to give lower guidance and outperform. I really hope BMC and Rajasthan project help them to reach at least 80-90% of their earlier guidance.

So Rajasthan project is for 3 years (150*3) so cost will be 450 crs and revenue around 675 crs so gross profit could be in vicinity of 225 crs for 3 years (just approx. calculation).

Feel free to correct figures.

Thanks!