Guidance of 48% PAT CAGR for FY25-30. SKYGOLD available at attractive forward valuation with potential for re-rating of multiples based on FY26 guidance
Since then, execution has exceeded expectations, and we have progressively upgraded our guidance. We now expect to achieve ₹6,100 Cr revenue and 4.3%-4.5% PAT margin, while becoming near cash-flow neutral by FY26 and generating operating cash flows from FY27, well ahead of original guidance, without compromising growth.
Saw this article stating cash flow will be neutral by March27 but you have stated it is March26. Aren't their growth propelled by taking debts https://www.cnbctv18.com/market/sky-golds-operating-cash-flow-will-turn-positive-in-fy27-md-ws-l-19763658.htm
Hi Kailash
Thanks for reaching out.
March 26: Cash Flow neutral
March 27: Cash flow positive
Slide 13 of the investor presentation says
Since then, execution has exceeded expectations, and we have progressively upgraded our guidance. We now expect to achieve ₹6,100 Cr revenue and 4.3%-4.5% PAT margin, while becoming near cash-flow neutral by FY26 and generating operating cash flows from FY27, well ahead of original guidance, without compromising growth.
You can read the investor presentation
https://www.bseindia.com/xml-data/corpfiling/AttachLive/5db66ca3-58ba-4aa3-9321-4f1f5be1e932.pdf