Monarch has initiated research on Praveg –
They have forcasted –
FY22A Sales, PAT & PAT Margin – 45cr, 12cr & 26%
FY23A Sales, PAT & PAT Margin – 84cr, 28cr & 33%
FY24A Sales, PAT & PAT Margin – 91cr, 13cr & 14%
FY25E Sales, PAT & PAT Margin – 223cr, 28cr & 13%
FY26E Sales, PAT & PAT Margin – 410cr, 87cr & 21%
FY27E Sales, PAT & PAT Margin – 500cr, 110cr & 22%
But, Company has given guidance for 300cr topline in FY25.
For me, FY25 sales – 300cr
FY26 sales – 420cr (+40%)
FY27 sales – 590cr (+40%)
40% – my own expectations.
PAT margin expectations – 25-26%
So, FY27 PAT – 150cr
Current Mcap – 2300cr
FY27 Forward P/E – 15.33
Subscribe To Our Free Newsletter |