If company meets Rs 900crs FY25E guidance and maintains FY24 PAT margins we are looking at Rs 275 crs PAT in FY25E. The company is trading at 8526/ 275 = 31.0x P/E FY25E and targetting > 50% growth beyond FY25E. Off course they have orders as of now for this and has next year to wins these orders.
Disclosure: Invested
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