I m more eager to see on their first target which is 2.5B dollar revenue with 900-1000cr PAT.
In 2022, earlier they guided to double their revenue in 5 years (2.5B), However, now they are guiding to achieve 5B GMV by end of FY-2029. Although not all of them will translate into revenue, even if we take out the SAAS part let’s say roughly 10-20% of total GMV, still they should clock around 4-4.2B in next 5 years, which translates into revenue CAGR itself around 25%, (effectively doubling their revenue itself in every 2.5years). Added wtih PAT margin expansion comes into play bottom line improves much faster , assuming 5% at the end it should be around 1700-1900Cr of PAT at the end of 5 years.
Not sure how much of it will play out as we expect, Ofcourse the risk would be another industry level slowdown in next 5 years, which will delay their target, @dm88 ,
do you think any other risk that could play out in Your opinion, or have anyone else at the Investor day presentation has asked about it?
Note: As per their presentation, the only risk was mentioned is reputation, and in general pallak seth seems to more risk averse , they seems to manage it well so far and walking the talk. If things play out then i expect 10 bagger in next 5 years.
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