This is a very good write up on PDS.
Is there any timeline to achieve the 1000 Cr PAT that the co is targetting ?
Their PAT margins seem to be around 2%. So going by that they will need a revenue of 50K to reach a PAT of 1000 Cr. And I am talking about the overall PAT here not the one accrued to shareholders.
So unless some operational leverage plays out and their subsidiaries start contributing positively to the bottomline and push the EBITDA margins to early double digits and PAT margins to 5%, these nos seem far fetched.
Investing in FD would earn more than double of what PDS is earning if we go by their PAT margins.
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