Month: October 2018

Is market screaming buy?

I recently shared my review of Symphony limited with subscribers, you can get a copy here

One of the things that stood out was how luck has played a huge part in my returns from this position. See below table

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2013-14 (Mar)
2017-18 (Mar)
Increase (X)
CAGR
Q1 FY19 Current
Revenues (INR cr)
503.41
852.39
1.7
11.1%
701
Net profits (INR cr)
105.72
192.55
1.8
12.7%
130
PAT%
21%
23%
19%
Market CapĀ  (INR cr)
2800
13400
4.8
36.8%
6900 (Sep 2018)
PE
26
70
2.6
53

For the last 5 years, Sales and Profits grew at 11-12%, however, I got lucky as the … Read the rest