I had gone through the Q42023 Concall transcript and here are my observations which still makes this company attractive in going forward
1.Volume growth 15% but can be increased to 20%
2.EBIDTA 18 to 22%
3.Defenese order to double from 400 to 800 Cr
4.Acquired Rajasthan explosives which will help in providing more capacity
5.Global manufacturing will increase from 8 countries to 12 countries
6.Propelene for Brahmos indigenised for the booster part
7.ROE to be 24%.ROCE to be 30%
8.Inventory days reduced to 92 from 113 and can be reduced to 80
9.Pralay new product developed.
Based on past performance and future data point experts please suggest is this a good entry point for investment for 3 to 5 years thanks in advance for your inputs .
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