Looking at trailing might not be ideal in this business in particular. They have had a very bad FY24 due to multiple reasons and lead to abnormal PAT and PAT margins. Earnings were depressed. If you get a good sense on the forward numbers and estimates, valuations are still inexpensive. I dont know exactly what the FDC forward numbers would be like, but my sense is that the forward PE for Jagsonpal is still low compared to peers.
| Subscribe To Our Free Newsletter |
