Shree Pushkar Chemicals

Thoughts post Concall Q4FY23

FY24 Outlook: Year of Consolidation
Makaria ji says FY24 rev could be 900cr.
he isnt very optimistic on the bottomline improvement though.
Assuming 10% margins same as this year.
Am expecting PAT of 55-60cr.

Track:

• Improvements in chemical numbers
• Ramping up of Dewanganj plant.
• Ramping up of Unit V which has a potential of 200-2500cr in year. (This year 16.5cr revenue was clocked in Q4 )

Disclosure: Invested from lower levels. No recent transactions.