The numbers look very good for the company. As per management plans, with rapid store expansion, they can double their Revenue and PAT in the next 3-4 years.
Also, their strategy is unique to target tier 2 and tier 3 cities instead of metros. The company is targeting the mid-premium segment.
However, Going forward, the Branding and Customer loyalty will play a keep role in sutaining the growth of revenues and margins. Also, as Prankush pointed out same store sales growth needs to be tracked closely.
I will prefer to track it for a couple of quarters before investing.
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