Deal mein Valuation ka Bada Panga
Lekin bhai, yahan ek bada panga hai - valuation. Pichli baar bhi EQT, TPG, KKR aur Warburg Pincus jaise bade players isliye deal nahi kar paaye, kyunki promoters ko jo price chahiye tha woh buyers ko zyada laga. Ab bhi wahi situation hai. Promoters FY26 ke liye Rs 160-170 crore ke Ebitda par 30x multiple chaah rahe hain, par buyers ko yeh price bahut zyada lag raha hai.
Samarth Lifesciences Ka Dumdaar Performance
Par Samarth Lifesciences bhi kuch kam nahi hai. Yeh company 1963 se critical care drugs bana rahi hai. Sales ₹727 crore hai aur growth rate 16% CAGR se badh rahi hai, jo industry ke 10-12% growth se kaafi zyada hai. Injectables aur sterile products mein toh inki pakad mazboot hai, aur international sales bhi badh rahi hain.
Aage Badhne Ke Liye Capital Ki Zaroorat
Company ko ab aage badhne ke liye naye paisa chahiye, jaise naye manufacturing facilities lagana aur domestic market share badhana. Deal hui toh promoters 15-20% stake apne paas rakhenge aur company se jude rahenge. Promoters ko O3 Capital is deal mein advise kar raha hai.
