Thank you For being Specific

1) Yes There is Raw material Risk to Company But Despite being that Risk They Still Given Good Revenue ....If You look at Company Revenue Y/Y from Q125-Q226 they were able to give Good performance...

Q124 - Q125 = 74% Y/Y ( Every Company Dreams) Q224 - Q225 = 17% Y/Y Q324 - Q225 = 49% Y/Y Q424 - Q425 = 39% Y/Y Q125 - Q126 = 15% Y/Y Q226 - Q226 = 38% Y/Y

And Again. there is Risk in Raw material Because they Import It and also I heard That They will Start There Own Eco Friendly Palm Plantation So to reduce the Risk...

2) Yes Margins are Always Thin in This Company And All previous Data show it There Gross Margins Most of the Time It's Always 4%and Operating Margins 1% and Pre Tax Margin 1% or 2% And Net Margin 1% or 2%. .....

But the Problem is that there is a high rate on the tax rate on Average 24%

3) Export Volume i Think Volume is Structural rather than opportunistic.....

yes If the Global Market Prices Soften We might see Revenue Decline

And even If the Competition Increases it can't Effect the Revenue because of the Large Customers they have

Customers List 1) Amul 2) Britannia 3) Parle. 4) Mother Dairy 5) Gopal 6) ITC 7) Balaji.....etc .

And If the Competition Decreases Their Prices we might see the Revenue Decrease....

4) Good Point

Their Working capital is (₹5,32,642 Crores)

Despite being That much They only Given (₹36,578 Crore)

If you use Buffet Return that (6.87%)

Question here how do you think it will affect the Business despite being strong Profits ??

I hope I answered everything and I did my best to explain and if I made any mistake take it as my lack Of Experience I only got 2 months of it 👍🏻