Companies with 20%+ growth guidance for next few years

[Arka]

Steelcast: The company aims to reach at least Rs. 1,000 crores of sales over the next four to five years.

Right now company is doing 400 odd crores

[james_kerala]

Poly Medicure
Reference in the below thread thanks to @Mohit_Jariwala

Poly Medicure - at an inflection point!

[image] [image] [image] Export to Europe has increased by 40% compared to the previous year A lot of expansion is happening by the end of FY2024. Spend 500 Cr on a new expansion that includes four new manufacturing plants Maintain a steady growth rate of over 20% in quarters

[james_kerala]

Carysil

Target of 1000 Crore revenue by FY25
Current revenue ~600 Crore
EBIDTA margins of 20%

Reference: Thanks to @modiankush

Carysil (earlier Acrysil) - Kitchen sinks

The management has provided a very bullish view on the growth targets. The overall tone of the concall was extremely positive Guidance:- Target of 1000 Crore revenue by FY25 EBIDTA margins of 20% [image] Positives Increasing SOM in International/Domestic geographies [image] [image] Destocking issues over with rising volumes [image] Strong Order Book for Q3 and Q4 [image] [image] Upbeat on Domestic Market w/ strong Dealer N/w [image] [image] Strong FY23 guidance w…

[Ashish_Munjal]

No point in giving such guidance if they could not predict current year growth no’s . Said something in Q1Fy24 and reduced the guidance by 20% for full year in Q2Fy24 ……

Business is not linear … So stay cautious while u get such guidance

[praveen_potnuru]

What you said is true. They had to cut the revenues guidance sharply as their biggest customer (Bloom Enegy) is transitioning new variant of FC assembly). I still believe that they can achieve 30% CAGR revenue growth over FY23-28.

It’s a negative sign that they’ve cut down the guidance. But in past years (atleast twice), they have revised their guidance upwards and achieved it (In FY23, they commited to 45-50 % growth , later revised it to 80% and achieved it). So, the management has not always disappoint on the guidance, but they’ve over performed.

But only in future we’ll know whether they can walk the talk or not (Revenue target of 3000cr in FY28). It’s difficult to predict what will happen in future, but I believe that their guidance is supported by some facts and discussions with existing and prospective customers. Anyways, since the co is trading at higher valuation, I plan to manage my risk by position sizing. I am okay to go wrong on some positions as I will reduce my risk via diversification.

Thanks you
Praveen

[Subham_Jain]

It is available in their presentations and also the annual report

[LarryWink]

@praveen_potnuru

(Bloom Enegy) is transitioning new variant of FC assembly)

which variant of FC is it ?
can you offer a link to this information ?

[cannygui]

https://www.business-standard.com/companies/news/annapurna-swadisht-gears-up-for-50-cagr-over-next-4-5-years-to-rs-300-cr-123111900429_1.html

[praveen_potnuru]

You can check Q2 FY 24 Concall

[manojmph]

Synergy Green

The management expects to generate a revenue/EBITDA of INR360cr/INR43cr in FY24 and
INR450cr/INR60cr in FY25. It plans to raise capacity to 100,000t by FY27, which would have the revenue potential of INR1,400–1,500cr at peak utilization levels.

26376345-0c41-4b63-a379-3c87392f5b3b.pdf

[manojmph]

Sansera Engineering and MM Forgings are small cap companies that might grow at 20-25% CAGR for the next 3-4 years

[james_kerala]

Any guidance by companies by themselves ? Would you please give the reference to the guidance ? MM Forging is going sideways for such a long time.

[hnk_so]

Should we have data which guides us on How management committed to achieving what they guide? Many management gives guidance on super high growth but not achieve it and keeps changing goal post by giving non relevant excuses.
Let’s have list of companies whose management achieved what they committed

[kumars1672]

That is my goal too. We can remove the companies from the initial list who has provided guidance, but didn’t achieve it. Since we have the list from Q1/Q2 guidance, we will have to wait for some time to see if management is doing walk the talk or not.

We can start adding companies who achieved what they committed.

[manojmph]

Yes sure

Expect To End This Year With Sales Between 85,000 to 90,000 Tonnes: MM Forgings | CNBC TV18

Sansera Engineering Ltd Q2 FY24 Earnings Concall

[LarryWink]

Thanks praveen

Went through Q2 FY 24 Concall.

Page 10,13,16
I could find new variant, which is simply a higher capacity model.
I could find eletrolyser as being a new product but that is different from FC.

I think Earlier i misread your note as “new variant of technology”

So basically MTAR is a contract manufacturer …yes ?

Concall transcript.
6fa2fc84-f88c-4b43-a167-b19918f9faee.pdf (3.4 MB)

D.not invested.

[praveen_potnuru]

@LarryWink

So basically MTAR is a contract manufacturer …yes ?

Well, they don’t exactly call themselves contract manufacturers. Buy yes they are. They develop the design with their customers and try to make it cheaper and efficient with time.
And they refer to Bloom energy as partner not as customer

Thanks
Praveen

[manoopatil]

Ramkrishna Forging in its investor presentation guiding for 20% growth for next 3 years. In the same presentation, they referring to their capacities being able to fetch the revenue of ~ 5,000 Cr. FY24 revenue seems to reach between 3,800-3,900 Cr.

[iyeron]

Radiant guiding for 20+ CAGR growth in the coming years. Their DBJ (Diamond, Bullion & Jewelry) vertical expected to show results from this qtr3 while the recent acquisition of Acemoney puts it in a different league and expected to contribute from FY25.

Radiant Cash Management Services – Asset Light Play On Cash Logistics

[Radiant Cash Management Services Ltd Q2 FY24 Earnings Concall] https://www.bseindia.com/xml-data/corpfiling/AttachLive/8e511b79-ab80-42a2-bf66-1611a2b570d7.pdf Some key points/comments basis the concall of Radiant and CMS:- As per Radiant mgmt, the revenue de-growth this quarter is mainly because of change in price mechanism from fixed to volume-based for some nbfcs and retail customers and they expect q3 and q4 to be better - kind of expected considering the slowdown in rural e…

[Gaurabh]

Ajmera Realty & Infra India Ltd

Revenue Projections and Drivers for FY24, FY25 and Beyond which imply > 2x of its FY23 revenue and significant revenue should get booked in next two quarters.

If what management says, then its forward PE based upon FY24 is just ~10 which is v cheap in real estate sector

My summary below

79545766-63d0-45a0-9834-afcba67f6322.pdf

FY24:

• Target: Rs. 1,000 crore
• Drivers:
  • Ongoing projects: Rs. 780 crore of revenue already pre-sold
  • New launches: Seven projects with a total potential of Rs. 2,750 crore
  • Faster execution: Completion of projects earlier than scheduled leading to quicker revenue recognition

FY25:

• Projected Growth: 15-20% over FY24
• Drivers:
  • Continued execution of existing projects
  • Contribution from new launches started in FY24
  • Potential new launches with additional revenue potential
  • Improved market conditions leading to higher sales
• Estimated Revenue: Rs. 1,150 crore - Rs. 1,200 crore

Beyond FY25:

• Projected Growth: Average of Rs. 1,200 crore per year
• Drivers:
  • Completion of current projects and recognition of remaining revenue
  • Launch of new projects with even higher potential
  • Continued focus on execution and generating cash flow
  • Favorable market conditions supporting growth

Additional Factors:

• Low-capex projects: The company’s focus on acquiring low-capex projects will help conserve cash flow and reinvest in new projects, aiding growth.
• Debt management: Reducing debt through operating cash flow will improve profitability and provide more resources for expansion.
• Market trends: Continued positive trends in the real estate sector, particularly in the company’s focus areas, will further drive revenue growth.

Overall:

Ajmera Realty & Infra India is confident in its ability to achieve significant revenue growth in the coming years. The combination of strong existing projects, new launches, efficient execution, and favorable market conditions positions the company well to capitalize on opportunities and deliver value to its stakeholders.