the FCF is not 17 Cr but 17.61cr - 11.27cr (Capex) = 6.34 cr ( March 2015 AR). But yes its undervalued - its earning a FCF yield of 20%+ on the EV of 30cr (74 cap - 45 cr investments & cash)
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the FCF is not 17 Cr but 17.61cr - 11.27cr (Capex) = 6.34 cr ( March 2015 AR). But yes its undervalued - its earning a FCF yield of 20%+ on the EV of 30cr (74 cap - 45 cr investments & cash)
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