Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 84 | 70 | 57 | 62 |
| Inventory Days | 33 | 63 | 114 | 139 |
| Days Payable | 129 | 120 | 102 | 59 |
| Cash Conversion Cycle | -11 | 14 | 69 | 142 |
| Working Capital Days | 12 | 29 | 72 | 169 |
| ROCE % | 42% | 67% | 42% |
Cash Conversion Cycle and Working Capital Days are very high, any thoughts on same?
Also, stock has run up a lot and PE seems to be frothy.
Another thing I am not clear with is what is the additional capacity.
Is it 6x more so total 7x of current capacity, or 6x of current capacity?
Also, as they are saying that they are at full capacity utilisation as of today so just extrapolating when they have the new capacity running full throttle they should hit around 700 crore in revenues.