Assuming the co. indeed hits 1600Cr by 2030, thats a CAGR of 19%. How much valuation to give for a 19% grower? If we go by PEG ratio of 1 for e.g, then a PE of 19/20 in 2030. Assuming 20% NPM, the NP will be 320Cr, and a PE of 20, mcap comes to 6400Cr. Current mcap is 4800Cr. That will be absolute price appreciation of 33% in 6 years. Looks like the market is already pricing the 1600Cr sales in current price.
Disc: Invested, not an advice, only for discussion purpose
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