The company received 27 Cr of incentive from Govt which i believe would translate into profit directly. Reported PAT was 57Cr last year which would mean ~35% of profit is coming from incentive only and if this incentive gets discontinued which I believe can happen in any budget cycle can significantly impact the margin/profit for the company
wanted to check if my understanding is correct as the company is currently looking at 21PE which might actually be 35-40 if this part gets removed/impacted
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