Fortunately the stock seems to have done well since the last post .
Recently it has become a 10 bagger for me . (First 10 bagger, did not expect it to be so fast )
The management seems to be using the raised funds to slowly acquire and integrate higher margin business . Considering EBITA of 30 cr from last quarter maintains for the coming quarters, the PE for sky gold will be 31 . So PE of 30 seems the right one to follow on long term basis.
If the profits increase which they seem set for after the acquisitions and various sectoral tailwinds coming in play , the PE can re-rate to 40 for sure .
With the current revenue guidance by the management for year 2027, the market cap of the company can go close to 10,000-12000 cr .
The management seems proactive and might figure out further engines of growth in the meantime as well .
Disclaimer: – Invested from lower 300 levels .
| Subscribe To Our Free Newsletter |
