To be a successful investors you need to be an optimist-that’s what I have read . But that optimism has to be justified with actual data and situation on the ground. I am a finance professional ,worked at senior levels in different companies and was involved in ERP(including SAP) implementation for a few companies. First step in implementation is the strategy & you will have to make your ensure that implementation process doesn’t affect your primary functions production and sales. Further , its a small company with a turnover of approx Rs 500 Crores (Astra Rs. 5000 Crores+) and production process is not that complex. Please go through the con call ,you yourself will be able to find out a lot of other inconsistencies. Herein I quote one of Mr Chiragh Parekh and -“We wish to reiterate that we have to plan to achieve revenue of Rs 1000 crores by FY25 to support this”.
So he himself is adimiting that there is no plan and only aspiration.
Diclos : Invested
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