Everyone has their own opinion and I respect yours completely. My point is not to compare numbers here but mention few things that I feel are not in the best interests of minority shareholders. Giving 2.4 Cr to someone with just 5 yrs of experience is something that I don’t like as a shareholder unless the person proves me wrong (I really wish he does). Also, the promote salary numbers are high if we look at SEBI’s limit and general market norms as well.
I personally have no problem giving even 20% of PAT to promoter if he is doing something extraordinary but for the past few quarters, management has missed it’s revenue guidance multiple times
They always guide for big growth numbers and then when they fail, we get some excuses, some of which are valid though but you can’t always blame external factors. Either improve your actual numbers or do better predictions. Again, my personal opinion after following the company for around two years now. Still invested
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