@jatinkoradiya I think there is some discrepancy here. Just want to understand where you got the Rs 500 cr number from. The management has guided for a RoA of 2.2% (refer screenshot from presentation below). Assuming assets of 6000 cr now and 8400 cr at end of Mar 23, average assets for the year would be 7200 cr and 2.2% of that would be Rs 160 cr. Although this also translates into a healthy Y-o-Y growth of 100% but it translates into a PE of 8.5 versus 5.5 that you have derived.
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