On Mar’15 when its MCap was 126 cr it was 23x OCF. Cash+ Inv at 55 cr on a Mcap of 126 cr would have meant an EV of 71 ( neg debt) making it available at 13x ( 5.5Cr OCF/EV 71). However, with a great ROE, loads of liquid assets ( pointing to the quality of its assets), it would certainly have been an attractive buy.
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