#KDL #KoreDigital Management with @MrRChaudhary of #TigerAssets
@KoreDigitalLtd
Highlights
Disc : No buy/sell recommendations
1. Promoter Mr Ravindar Doshi in networking business for more than 20 years
2. Kore Digital is in telecom networking in Maharashtra

3. Guiding for 300-400 cr revenue in FY25 and 800-1000 cr revenue in FY26
4. Most of the projects linked to Govt hence revenue can be lumpy
5. Q1&Q2 can be soft due to rains
6. PAT margins : 8-10%
7. New orders will flow post 4th July
8. Current orderbook is full for current

team strength and equipments
9. Currently having Mumbai-Nagpur and Mumbai-Pune expressway
10. Going ahead will focus mainly on Maharashtra or neighbouring states
11. Competitor: #IndusTower and #SuyogTelematics
12. Promoter haven't sold shares, stake down due to preferential

13. Recurring revenue of 1500 cr for 15 years will occur on conservative basis from Mumbai-Nagpur project
14. Company wants to grow leaps and bounds going ahead