Poly Med has came up with Q1 Fy25 result. Revenue and Profit growth is there.OPM sustained at 27%.Company hardly generate any free cash flow as going through agrresive capex phase. Like any decent mid and small cap in Indian market valuation has been taken to different orbit. PE hovering at 72 though Poly med is growing at rapid rate. But one thing in result footnote is catching eye , in current quarter Poly Med has received a CGST demand notice in the tune of 42.38 Cr. Poly Med is going to challenge the demand.But nothing to conclude yet. Tax dispute is very normal for Indian companies and without any resolution for very long time.
[Invested at lower level , no plan to add/sell for now]
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