@visuarchie
Vishwanath…sorry for barging in, just trying to be an assistant at replying, certainly no guru, far from being expert.(my overall experience is lesser compared to you & my equity investment experience is ~2 yr )

We would love to see your updates so that many of us know where the improvements are needed…if you wont mind !

Anand…if u look up, he has given a list, the diff looks like yellow highlight.

CFO to PAT is a good way to judge quality of earnings. How much of the accounting profit is converted to cashflows shows how well the working capital is managed.

For FMCG large caps, generally CFO/PAT is 100% + due to negative working capital cycle.

For companies like Dhanuka where these cycles are more stretched, a CFO/PAT of 80% + on a 5 yr rolling CAGR basis would be considered impressive

There are some investors who hold a company for very long term such as Nalanda Capital. Their portfolio can be used for research and further study.
Most investors don’t trade in their long term holdings. The size of these holdings will be greater than 10% of their portfolio. They can also be used for research.
The problem with most retail investors is that they run after the new trading bets with less than 0.5% of portfolio for quick gains. This is like playing poker with the best players out there and trying to win over them.

Considering Overhead makes a huge % of the expense. How do we know any further increase in revenue will not proportionally increase overheads?

Management has only said “Our employee cost and other costs are not related to the increase in revenue, and we are not
Expect the overheads to go up significantly from what has already been given for the current financial year”

My question is, How? & How much revenue can they generate without meaningfully adding up the overheads?

Its not just glitches and outages. Its more to do with Data Protection and other IT compliance norms. We don’t know the dirty details of RBI communication with Kotak over the past two years, supposedly classified.