Lower price of support in the stockPrice is down high from 720 to 325 (-55%)
PE 20, ROE 147%
Global IT solutions (AI, digital transformation).
Profit: ₹0 cr (2016) → ₹47 cr (2024) → ₹52 cr (TTM), CAGR ~76%.
Profitable, ₹34 cr (FY '24), ₹38 cr (TTM).
EPS: ₹3.32 (2021) → ₹14.44 (2024) → ₹16.00 (TTM), CAGR ~68.5% (since listing).
Consistently profitable since 2020
80% repeat clients, AI product leadership, global reach (77% overseas).
Risks: Client concentration (top 5 = 39%), small scale, investment needs.
At lower price may start to accumulate the stock with the view of long term investment in AI and its relative future.
Happy Investing
Girish Anchan
W.M.A
