At present TTM Revenue of Annapurna Swadisht Ltd is 226 Cr. Company is hopeful of 400 Cr. turnover in FY-24 and 900 Cr to 1000 Cr revenue in next 3-4 years. If we assume by FY 28 turnover of 900 Cr, than considering OPM @ 9% ( which is at present) should be 81 Cr. and PAT after Depreciation and Tax ( Dep 15 Cr. + Tax @ 25 % = 16.5 Cr.)= 49.5 Cr. P/E as on date = 50.6. So, P/E for FY 28 = 11. If we assume P/E i.e. 40 for FY 28, then market capitalization in FY 28= Rs. 1976 Cr. Today Market Cap is Rs. 549 Cr. So, in next 4 years it may become 3 bagger from here. However, other parameters like failing to meet guidance, reducing profit margin, any issue in corporate governance may play spoil sport.
Disclosure: Invested
This is for educational purpose and investors may do own diligence.
| Subscribe To Our Free Newsletter |
