Key triggers such as tariff hike in telecom, balance sheet de-leveraging and superior growth in Retail segments.
With no new projects announced in Refining & Petrochemicals, Energy business segment is expected to deliver Rs. 600-650 bn per annum. of EBITDA in steady state over next three years, significantly deleveraging the standalone balance sheet.
Telecom: Expect Jio achieving 480-500m subscribers as a key tipping point for Jio to raise tariff from 2nd half of FY21
Value accretion in Retail: Continued growth of >25% CAGR over the next 3-5 year trajectory in its current biz with healthy margins of 8-10% may provide further valuation upsides.
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
Found this insight useful?
Please share with your friends and family as well. You can also subscribe to one of our channels listed at the bottom of this page.