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
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