Q1FY25 results indicate that high growth rates from domestic markets have topped out and at max they would do mid to high teens sales growth from here in domestic markets.
The Incremental high double digit growth would be coming from African markets where Mr. Market may not assign it a multiple of more than 60x on FY26e as it does for domestic focused consumer companies like trent,nestle,etc. since their per capita income would not be growing in the similar pace as of india though their population is growing by 3%.
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