Hi All,
I am a new member on this forum. I have been keeping an eye on this section of the forum to see if there is any thread on Arvind Remedies. However, I found there is none. So, I thought I will provide some data and ask opinions from more experienced boarders.
Here are some of the points:
1). 10 year sales CAGR 17%, net profit cagr 30%
2). 5 year sales CAGR 28%, net profit cagr 51%
3). Sales is increasing , npm is increasing
4). Margins are slowly expanding
5). New fact0ries are going to be on stream soon
6). Has high debt
7). Tax rate is anout 33%
8). Company plans to file few ANDAs going forward
9). Not much information is available on promoters
I am interested to know if anyone has any information about this company. Is it a company worth looking into or does anyone see any red flag ?