@Chins, thanks a lot for putting all important information together.
My only comment will be on “loss of any other tenders” as you are aware it will be lumpy in nature so it will be more that 2.5 crs and can have significant in case if there is no new win or company faces challenge in implementing these new projects e.g. Punjab
Hopefully it’s large scale in future, will make this loss of any project revenue insignificant but if you see FY22 loss of revenue from Rajasthan project is ~15% of total revenue (though they have won it back but there will be case project will go to other company). I think company has edge while it rebid for project but we need to consider this as risk.
Thank you!
Disc; Significant position in my PF
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