Can you pls refer me to the exact place where they said to double in fy25 relative to fy24. I am not able to find that. I can only find their statement regarding 50% CAGR over next 4-5 years.
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Sorry … may be i got confused between financial years or news publishing date … i dont know… but if we calculate with 50% CAGR its 400cr in FY25 100cr per qtr… there Is still a shortfall of 10-11%… hope they will cover up in the upcoming qtrs
It is a company run by humans in a living world full of ever changing dynamics. It is not a robot in a programmed equation.
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There was an interaction with Arihant Capital Bharat Connect Conference in April 2024 : https://www.youtube.com/watch?v=FKiEB78ieKA
Check 42:06 timestamp, management mentioned total 550-600 Cr guidance for FY25 , including 70-100 Cr for oil business acquisition which got scrapped. So then the targeted number is 450 Cr -480 cr maybe. Current annualized run rate is already 360 Cr vs 265 Cr in Fy24. H1 results might provide a better idea for FY25 trajectory.
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Company announces QIP for 150 Cr, will be interesting to note the incoming investors and use of the QIP proceeds.
https://nsearchives.nseindia.com/corporate/ANNAPURNA_27072024135731_ASL_intimation.pdf
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