Time technoplast

We have to take Indian business as Standalone + Indian subsidiaries.

Let’s analyse some numbers:

FY 23 was
Total Revenue- 4300
Overseas Revenue -1300/1400
Indian Revenue -3000/2900

H1 FY 24 Overseas 34% & India 66%, same trend mostly likely be continued.

So FY 24 can be
Total Revenue- 5000
Overseas Revenue -1700
Indian Revenue -3300

Management has guided Indian business to reach 4000 in around 2 year time ( Screenshot is attached herewith).

Disclosure- Invested since 2 years