Current PEB plant capacity of Richa is 70,000 MT , where as Pennar Engineering is 90,000 MT . After 8 months , Richa will have more capacity than Pennar PEBS , ie after the commissioning of new plant.
Market cap of Richa is 65 crore and Pennar PEBS is 480 crore . Of course there is debt around 180 cr in books of Richa , but the value of textile business was estimated around 200 crore few years back. which means if richa sell the textile business it can be a debt free company.
In terms of annual revenue, in terms of execution history Richa is ahead of Pennar Engineering.
I feel richa is highly undervalued now and market will realise its true potential soon. ...
के जवाब में:
Richa Indपोस्ट करनेवाले : MunkThePunk
There is no bad news. Today in the late hours of the day, NCD got cleared. Funds that are expected to be used for completion of expansion and for growing demand in business. It`s all positive from here onwards. The one who shows patience will win. Best wishes.