I’m the person who asked that question to the management 
And in my honest review, I would wait for them to deliver before passing any judgments.
You see, in that same 2024Q1 concall, the management earlier guided that their lead business will be growing in single digits, which is currently 90-95% of the overall sales. Also, they added that in the coming years, they expect the new products (aluminium & plastic) would be contributing at most 25% of the overall pie. So, you can expect a Lead-ValueAdd break up, as let’s assume in the next 2-3 years would be 75%-25%.
Against that backdrop, the legacy business (which will still remain a major contributor to the topline even in the future) is just growing at 6-9%, giving a 27% CAGR guidance for the remaining part of the decade in this case is more of an aspiration vs. a properly planned strategic mission.
Nevertheless, It’s still an evolving story with good base case valuations, and of course, I’m a hopeful and optimistic investor but my rationale would still not allow me to buy that argument at this point in time. This is also why I wanted to double-check what they said by asking… “I’m hopeful the management will walk the talk going ahead”! 
Disc. Fully Invested
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