Hi guys, A small correction. The FY24 PAT had an exceptional item of 15 CR which the co received by selling of subsidiary. So if you exclude this, the PAT for FY24 is around 19 Cr. If you take on this base and do the calculation, that is, FY24 PAT is 19 Cr, FY25 expected PAT is 35 Cr. The PAT growth YOY is 70-80%. Co gets good OL and we can see EPS growth too.
Prerna, how did you calculate the peg here? Forward pe 17-20 is fine... Where did you get thst 40-45 % earnings growth? Fy25 expected pat is 35. 594/35 = 16.94, (35-33/33)*100 = 6.06% and peg is ~3 and its overvalued..i think you considered sales growth instead of pat growth..Can you please help me understand that. Thank you.
40-45% earnings growth is from concall. They mentioned they’ll do 700 Cr in sales this year. Yes, I take sales growth only for PEG, because PAT can be manipulated due to exceptional item.
In last year's earnings, there was other income of 24-25 crores included in PAT. So the PAT that you have compared with was artificially higher. In FY 2025, it will be the actual PAT. On EBITDA level, there will be good growth. It seems reasonable if we consider this.
So if we remove rhat exceptional items of selling some take in associate company their oat may come aroung 20-22CR SO 35 ia a good eps grwoth of 55-65%
All by reading the corporate docs, tracking various companies + Skin in the game. I have all my money in stocks. That is why when I speak, I can speak with conviction.
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Hi guys,
A small correction.
The FY24 PAT had an exceptional item of 15 CR which the co received by selling of subsidiary.
So if you exclude this, the PAT for FY24 is around 19 Cr.
If you take on this base and do the calculation, that is, FY24 PAT is 19 Cr, FY25 expected PAT is 35 Cr.
The PAT growth YOY is 70-80%. Co gets good OL and we can see EPS growth too.
FY24 PAT IS 21 CR NOT 19 CR(32 CR- 11 CR EXCEPTIONAL ITEMS)
Thanks Prerana :) learned a lot from this video
Any view on allcargo logistics
Prerna, how did you calculate the peg here? Forward pe 17-20 is fine... Where did you get thst 40-45 % earnings growth? Fy25 expected pat is 35. 594/35 = 16.94, (35-33/33)*100 = 6.06% and peg is ~3 and its overvalued..i think you considered sales growth instead of pat growth..Can you please help me understand that. Thank you.
40-45% earnings growth is from concall. They mentioned they’ll do 700 Cr in sales this year.
Yes,
I take sales growth only for PEG, because PAT can be manipulated due to exceptional item.
In last year's earnings, there was other income of 24-25 crores included in PAT.
So the PAT that you have compared with was artificially higher.
In FY 2025, it will be the actual PAT.
On EBITDA level, there will be good growth.
It seems reasonable if we consider this.
Thank you for this! I’ll look into it :)
even after that they should easily do 30% PAT growth (considering 30% tax rate)
Actually normalised pat for fy 24 is 22 cr. Exceptional income is around 14 cr
Check pinned comment :)
So if we remove rhat exceptional items of selling some take in associate company their oat may come aroung 20-22CR SO 35 ia a good eps grwoth of 55-65%
Yes, bro! I didn’t see this in the Q4 statement. If you consider without the exceptional item the OL exists.
Mam , Where you have studied regarding stock market?
All by reading the corporate docs, tracking various companies + Skin in the game. I have all my money in stocks. That is why when I speak, I can speak with conviction.
@@PreranaNAmanna Thanks for replying Mam, I am new to markets and studying fundamental analysis...Do you recommend any sources ?
None. Just start by reading corporate docs and track the co every quarter. Start with the companies you hold or are interested to hold.