Hi Value Seeker,
1). All these projections are given by management - either in AR or in media interviews. This is also reflected in the performance of the company over years (check screener.in). OPM has been consistently increasing over years. In last interview, Mr. Arup Thakur told that they are expecting OPM to soon get into double digits and we can see the evidence of that - “Pincon hikes prices”. He also said Pincon is now almost in a monopoly in WB in country liquor segment. 3000cr by 2020 is given in their AR.
2). Please refer the risk part in my presentation.
3). Globus spirit is coming with distillery in WB. IFB agro is already there in WB. But, Pincon is doing far better than them.
Disc - Please understand and keep this in mind that this sector is very risky to be in. The mortality rate of the business is very important. You cannot enjoy sound sleep with this stock. Prof Bakshi calls such stock having a temporary moat. Pincon does enjoy political support. Please do not get amazed with the growth part alone. The risk is much more in this counter. Prof Bakshi keeps saying this - understand how the business is earning money!! Is the way of earning correct on moral grounds? When you pick stocks like pincon, you immediately start thinking about the shifting trend among youngsters, social status, etc. and you think positive, but you never think about rapes happening daily, domestic violence, etc which is caused by liquor !! Even if the stock becomes a multibagger for you and you get out at the correct time, and then it comes back to where it was; remember your research was wrong. So, I am just trying to experiment here and learn. This stock no more forms part of my core portfolio. Do your own due diligence.