Company guided 25% CAGR growth for next 3 years as per their investor presentation https://euro7000.com/wp-content/uploads/Investor-Presentation-Q1FY24.pdf . Over the last 5 years, Company have grown at CAGR of 38%, 103%, 113% on Revenue, EBIDTA, PAT. They are number 2 in white glue(product Euro 7000). Not sure if any of you have used their product. Management is conservative and going into 1-2 new state every year. All ratios are excellent. ROCE 70%, ROE -50%, 0 debt, last 5 years sales growth > 50%, OPM 23%. Company is now in 14 states and have opportunity to go into other states and open more branches. Also company has recently increased capacity to 2000 TPM which will increase revenue.
I am not sure why this stock keep going downward irrespective of good numbers and available at 25 PE for such high growth company. Is there anything I am missing/not seeing which market is seeing. Currently I have 2% allocation, but I want to make it to 6% as soon as stock moves to upward trajectory. It seems I am more bullish on this company than management 
But I dont want to be wrong to lose big money as I am already in 10% loss in this company.
Any thoughts from anyone who is tracking this company closely. Any risk/negative news on the company? I heard company hired professional CEO also. But I am not confirmed on it.
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