Excellent set of results, in addition to improvement in financial position. Debt has come down a bit and Cash has improved a bit. Working Capital has worsened a little bit too, however.
Hello sir at what price to book this company becomes attractive in relation to its roe
At 12 P/E, 15%+ Revenue Growth, 20%+ Profit Growth and 20%+ RoE, I think it’s still very attractive at CMP. My only worry, as always, is the utilization of Cash. It’d help them to reinvest somewhere or acquire something that makes sense. But I wouldn’t mind receiving a Special Dividend too. What I’m worried about is Cash piling up, with nowhere to go.