9 Tweets 15 reads Mar 20, 2022
Krishna Defence & Allied Industries SME IPO. Engaged in developing, designing & manufacturing of A) DEFENCE APPLICATION EQUIPMENT PRODUCTS B) DAIRY EQUIPMENT PRODUCTS & C) KITCHEN EQUIPMENT PRODUCTS. Issue Price not known. So, putting PE based on different price points.
Balance Sheet and cash flow Statement.
Business overview.
Product Portfolio.
Product Portfolio continued.
Capacity Utilization:
Issue objective. Refer to previous tweet for product developed & awaiting sales generation.
Growth prospect looks good. Debt level looks ok & need monitoring. Management Compensation is a bit high IMO. Though is a defence equipment manufacturer but I do no see any complex products but more commodity type ones. Operating margin has been on upward trajectory.
Overall a good opportunity if asking price is reasonable. Let's wait for Issue Price.

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