Yes, good set of results and considering the fact that June quarter is the peak season for asbestos roofing industry quite likely that company can post sales of Rs 175 crs plus in the current June-21 qtr ( PY- June qtr-147 crs) , so EPS of Rs 70 plus for FY-22 is easily achievable. So there is scope for company to get re-rated from current level.
Also the balance sheet looks good , with substantial reduction in debt and receivables at around 30 days offers comfort. Given the inventory as on 31st Mar,21 of Rs 113 crs , they should able to give a reasonably good results in the current June quarter.
Disc: Invested.