This is great thread, so thanks to all the amazing contributors !
I am new to the company and had a question. Please help if anyone knows
As I understand the company has certain moats when it comes to winning the tender. This is also substantiated by a bid to win ratio of 75%+. If this is the case why does Krsnaa not bid for far more tenders ? As I understand their market share is less than 7% (assuming the size of industry is INR 10-15K Cr)
Maybe they don’t want any aggressive expansion like Big Bazar but a calculated growth like D-mart.
First let the current centres become break-even and maybe profitable and then expand.
Just Personal Opinion.
Invested and Biased.
dr.vikas
As I understand, in the latest transcripts they are a net debt free company. Hence wondering if there is an issue in the addressable opportunity size ?
Valid point. But Bhai, Promoter is Marwadi, and they are one of the best with business acumen.
They have 27% stake in this business. Their major business is with Government where due to bureaucracy, the things move very slowly.
So give some time for the business to evolve.
My personal opinion
Invested and Biased.
dr.vikas
