akshay my point is that 50 cr. of operating profit will not go in to debt repayment. u have interest of 20 cr. that u have to pay . and income tax on PBT and u have maintenance capex . i am being very liberal here because i am not even talking about depreciation here.
Moneycontrol figures of debt is misleading as it does not take into account current maturity of debt . here actual debt is 165 cr. not 139 cr.
actual debt figure from AR 2015
again sales growth is not 20% even after acquisition sales rose from 546 cr (fy12 ) to 693 cr.(fy15) it is at best a 10% growth and anyone will agree that last 3-5 years environment was much better that current one.
Finally it is difference of opinions that make market . i am holding shares and want them to move up 
but i like to have reality check of business which i own so i can sell them at right time.
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