Being a seasonal business and dependent on Monsoon, FHFY15 was the best performance in my knowledge in history of the company. SHFY15 were profit and sales declined significantly. In fact in Q1FY16 and Q2FY16 the company shown decline in YOY sales, same is almost up 50% over SHFY15.
What would be interesting to observe that in case company even repeat same number in Q3FY16, of what shown Q2FY16, we would find 50% growth in Sales and 88% growth in Net profit !!!
Personally, I like the business and management of the company and among top 5 investment holding in my portfolio. My view may be biased due to my holding.
| Subscribe To Our Free Newsletter |
