“In our balance sheet, if you exclude cash and if I have to analyze our performance in the first half, we are almost at 50% plus ROCEs. So it is a business where given the opportunity that exists, we will focus on ensuring that we continue to deliver market beating growth.”
An analysis of shareholding patterns of new-age firms such as Zomato, Paytm, Delhivery, Nykaa and PB Fintech, showed mutual funds have increased their holdings in several of these companies slowly but significantly over the last four quarters.
When an X user said that Ghazal Alagh appeared overconfident about Mamaearth s performance, she replied, Not overconfidence sir, it’s just confidence in my business.
Early investors, including Peak XV and Stellaris Venture Partners, told Moneycontrol that they are not exiting any time soon as they see huge potential and headroom for growth.