The company is coming out with quarterly results on 29.07.2024.
33878031-7cc2-43ee-8dd0-d5ac1436f0c1.pdf (506.9 KB)
In the March quarter they did a topline of around 41 crores, with a net profit of 4.5 crores. I don’t see any seasonality in quarterly results, and thus we can expect a net profit of around 5 crores in Q1-2025. We can conservatively expect a net profit figure of 20 crores in FY 2025. Thus at present Mcap of 695 crores does not look exorbitantly overvalued on FY estimated earning.
Any views?
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