*As per Management they are expecting 40-50% growth for next 4-5 years, In my opinion, if they can grow even at CAGR of 20%, it will provide good return to the shareholders given the low valuation (14 PE, 5 EV/EBITDA).
*High revenue concentration in Maharashtra is good in a way that they are able to pernitrate deep into the market where they are focusing and other territories (Banglore, Hyderabad, Gurgaon ) are wide open to expand.
*Their foray into new asset light segment will be interesting.
D: Recently took position.
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