Yash Pakka – (Previously Yash Paper) – Rising from ash

The Company had performed decently in FY 2022-23

Revenue growth : 40%
PBT growth : 35%
Operating Margins above 20%
Debtor Days improved from 28 to 22 days.
Inventory days reduced from 447 to 222 days
ROCE 28%
Borrowings at same level as compared to 31.03.2022

If the Company continues its performance like this for 2 to 3 years then there can be a rerating of this stock.
Valuations are at comfortable level.

Disclosure : Invested from levels of 80 and holding period more than 1 year.