A microcap with just 75cr of Market Cap and promotes itself as Asia’s only Pacemaker is a stock that i find very interesting. I saw one of Mr. Atul Sethi’s (CEO) interview and learnt that they are one of the cheapest manufacturers of cardiac pacemakers. With the PLI scheme and Make in India the thesis is that Shree Pacetronix will capture some market share from its Global competitors.
I tried reaching out to the company but to no avail. I am also not a an expert at reading Financial statements. However the cash from operation seems low compared to EBITDA. Also the receivables are high. However the main reason for starting this thread is to know if anyone has tried analysing this company or sector?