Please see financial result below for last 2 years:
| FY 2021 | FY 2022 | FY 2023 | |
|---|---|---|---|
| Sales (Cr) | 1,227 | 1,630 | 2,160 |
| Sales Growth over PY | 33% | 33% | |
| Net Profit (Cr) | 80 | 105 | 173 |
| Net Profit Growth over PY | 31% | 65% | |
| ROCE | 21% | 22% | 29% |
The company has been growing sales and profit at a very healthy rate since last 2 years. Even recent quarterly results are continuing to show good growth. In June 2023 concal, management sounded very confident of further growth along with margin improvement. Quoting below directly from concal transcript:
“On the whole, as a company, we are looking at a 15% to 20% growth in our top line for the
current year, with further margin expansion of 100, 250 basis points.”
Disc: Invested ~5% of portfolio from ~300 levels
| Subscribe To Our Free Newsletter |
