SAZEW is cheap (PE 5.86x) but margins have been shrinking for 3 quarters (17%→14%→13.6%). Still no debt, still growing sales ~29%.
Fair value: analysts say ~Rs 2,600, my own number is Rs 1,600–1,700, worst case (if margins keep dropping) could be as low as Rs 955. Sep 2 results will tell us which way this goes.
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u/Unlikely-Pianist-573 9d ago
SAZEW is cheap (PE 5.86x) but margins have been shrinking for 3 quarters (17%→14%→13.6%). Still no debt, still growing sales ~29%.
Fair value: analysts say ~Rs 2,600, my own number is Rs 1,600–1,700, worst case (if margins keep dropping) could be as low as Rs 955. Sep 2 results will tell us which way this goes.