@ipo_mantra : A Re-tweet would have been better than a Copy Paste I believe.
Anyways, am glad that the data & information is getting spread and #investors can benefit from the knowledge. #IPO in good companies with loads of patience is the way to go. #TCS is another GREAT example of long term #wealth creation. @ipo_mantra
~ #Laurus has planned a capex of Rs. 2400 Cr in next 36 months through internal accruals.
~As per mgm guidance it will have a sales of over 7000 cr in FY23.
~With healthy margins & RoCE of 35%+ we can assume Profits upwards of Rs. 1450 Cr which gives a FY23 EPS >Rs. 27
Moderating its Growth from 40%+ in the past to a more reasonable 30% in FY24 will take its sales over Rs. 9000+ Cr.
With healthy FCF & 35%+ RoCE (1.3/1.4 times of asset turn x 28%+ EBIDTA) it will generate profits in upwards of Rs. 1950 cr. giving it an FY24 EPS of Rs.36+