Valueable insights by community members on this company given the fact that company does not conduct conferrence call publicly which seems quite unusual from the company of this size. There have also been instances of promoters getting excess salary and company not contributing to providing credit reports inputs by Crisil.(Although very old some 2012 instance). Don’t know if this points to CG governance issue. Would request vpicker to enlighten on this.
Now coming to the recent results posted by Co. It reports OPM of 34℅ which prima facie looked due to the high RM prices but except for groundnut Oil all the prices of key inputs are coming down. So there doesnt seem to be any correlation between key inputs prices and their OPM. I did not find any material information in this regard from Investor presentation report in terms of management commentary. IMO they should provide some sort of comments in the investor presentation atleast to gauge the company performance going forward.
Disc.- Views expressed are biased and could be wrong.
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