Hi @Amit_Paul ,
They are historically having high cost of Late Delivery Charges / Damages etc. and also due to space constraint they were outsourcing lot of jobs so they had relatively low margins. In the last AGM call they told to focus on controlling such charges so let’s wait for that…
On the revenue side they have been doing pretty good …FY 23 was 280Cr FY24 370Cr also the H1 revenue for the current FY has improved from 168Cr to 195Cr, so they might click 400Cr.
The company in general has some good products but they somehow are not able to reflect their brand value in profits, once it starts coming the company might be at a reasonably good level than present.
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