Debt 57.00 cr redemption, so 14% int cost and 6% redemption premium amounts to 20% which amounts to 11.40 cr int cost which is what they considered and shown in the results.
Remaining debt of 130cr with 10.75% int amount to 13.98cr which which will be adjusted in the next 3 qtrs.
Basically she is not prepared for this basic maths or fumbled in the concall as she could not or cant justify merger. Looking from mgmts eyes., no mgmt will post rosy results when they want to do the merger in their favour, nor they want share price sky high which will make difficult for them to justify current merger ratio. So lets merger be approved at the earliest and I think mgmt becomes more transparent from then.
They posted 110cr ebita in fy23 itself, so posting 140cr ebita is not big issue with 2000+ keys which is 100% possible by yr end. So just we need to keep in mind that new equity is 3.3cr than 2.9cr
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