60-70% Growth looks tough and in all likelihood they will fall short of it. They will have to grow 70-80% in the next 3 quarters to achieve this. They should not have given this guidance in the first place and sound so optimistic. Last quarter which was also their first ever concal was a disaster. Both the CEO and CFO are immature to handle the analyst questions. Honestly they dont show the conviction while addressing the investors. Q2 has to be really good for 60% growth to be achieved. However the management has shifted the entire heavy lifting to H2 which means Q2 will also be pretty much like Q1.
Since A/C and environment controlled chambers are cleaner and consequently much more hygienic. as a corollary angel’s share would get lowered with right intervention. The loss neds be multiplied with duration to understand the impact. - I mean it is large since the process takes a minimum of 3 years.