
Behari Lalla shot up to the moon, can't decide whether to sell or hold
Company looks promising and fundamentals also looking solid.
Profitability is improving much faster than sales. FY26 PAT grew ~22%, while revenue grew ~5%. EBITDA also increased ~22%. This indicates significant margin expansion/operating leverage.
Margins have improved substantially: EBITDA margin went from 12.8% → 14.4% → 16.6% between FY24 and FY26, while PAT margin went from 8.0% → 10.4% → 12.1%.
Balance sheet is relatively strong. Borrowings fell dramatically from ₹41.2 crore in FY24 to ₹7.6 crore in FY25, although they increased to ₹17.8 crore in FY26.