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Cello World is expected to post a robust revenue growth of 18 per cent, an Ebitda growth of 23 per cent and a profit after tax growth of 25 per cent over FY23-FY26, compounded annually.
Cello benefits from an expanding TAM driven by various sector tailwinds, including favorable demographics, increased discretionary spending, greater product penetration, per the brokerage. ....
Cello World has posted best-in-class revenue growth, operating margins and return profile among its peers in every category in FY21-23, said JM Financial. ....
Cello Worlds stock market debut minted a new billionaire, Pradeep Rathod, known as the Casserole king. The stock closed at Rs 788.40 on Friday, marking a market cap of Rs 16,732.29 crore, with Rathod and family holding over 78% of the company. The IPO, priced at Rs 617-648 per share, saw nearly 39 times subscription, buoyed by the company s diverse product portfolio, including consumer houseware, writing instruments, and furniture. ....