ValuePickr Forum - Latest posts

Here is the latest Rating update by CRISIL.

It seems the business is not generating enough real cash to fund it’s growth, therefore they will have to constantly dilute equity via warrants, preferential issues, or rights issues or raise debt.

From the P&L statement the business looks very attractive, rapid expansion, high topline and bottomline growth. But the underlying fundamentals are very poor. It seems t...

5.5% in coming years. FY 27 you can can not assume anything more than 4%

The management attributed the gross-margin hit to a one-off incident on a Turkey contract, but the disclosure is sketchy. I am surprised analysts did not probe this further. The company did not quantify the liquidated damages in rupee terms, and it did not spell out the precise root cause either, beyond saying that a shipment from India to Turkey got stuck for about 1.5 month...

But this seems to be wrong POV, their maynot be any upront revenue booking —

For Q4 –> Total billed seats (63200) , Avg seat cost ~ 7500 = 144cr which is matching with the revenue of leasing segment .