Company is confident of achieving 20% CAGR over next 2-3 years. Coincidentally new capacity coming up will able to cater up to 1800 cr revenue. If we assume 16% EBIDTA and 1800 revenue for fy27 - EBIDTA will be 288cr. Assigning a multiple of 15 (5yr median 13.3 and 10yr median 17.1) mkt cap 4600 (EV 4320 + 280 cr cash). Do the current mkt price offer margin of safety?
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