Upfront: the stock has already appreciated 500% in 12 months
Virat is a play on the largest value add dairy products – Ghee
Virat's Ghee is marketed under the brand 'Durga' is a 25 year old brand and a household name in Andhra Pradesh sold ata premium of 5%-30% over other product there
Last 3 years :
Revenues – CAGR 36%
EBITDA – 3.5x
Operating margins up from 3.5% to 13.5%
PE – 13-15x
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