Shark Tank India S2 is starting today, but hope you remember the valuation negotiations between the sharks and the entrepreneurs on Shark Tank.
Sharks always say," You don't deserve such a high valuation"
But when it comes to their own startup, look at their 'Doglapanti'
Mamaearth, as per their DRHP, seeks a value of USD 3 bn ( Rs 25,000 cr)
If you see the numbers, the contrast will be evident.
The valuation that they are asking is 17x their FY23 Revenues (H1-FY23 Revenues of Rs 722 cr *2) and 26x FY22 Revenues of Rs 943 cr
It's at a PE ratio of 3400x (considering H1-FY23 PAT of Rs 3.67 cr * 2) and 1700X considering FY22 PAT of 14.44 cr
This valuation is cosmic and is not justifiable
Another Paytm is in making, so avoid it!
Make use of our call put option tips 100% accuracy and start rolling in profit every day.
