Dec month shareholding pattern shows promoter holding as 73.70% with the Rahejas taking over majority of the stake. Chanakya shareholding has dropped to 4.19%.
1 Like
First time PPT about the company during Quarterly results.
SOME observations:
3 categories of business
90% Export revenue
146 Cr order book
Disc: small tracking position, Do your own due diligence before Buy/Sell.
2 Likes
I think they are coming up with the rights issue..but i want to understand wht will happen to the share holding structure post rights issue ?
The 225 Cr target by Mgmt, let say Margins have room to expand toward 12–18% net once scale improves, let say PAT settles at 30Cr. in that case its already at 21PE FY27. The rights issue shall fund the working capital and debt reduction needed to get there.
Is it already in a league where we can compare its PE within CRDMO space?
D- Have position ~ today’s cmp…inclined to add more and try some more at rights.
1 Like
Right issue size and schedule declared
1 Like