CSK Unlisted Shares Unbelievable FY24 Results! 1361% Profit Growth – Should You Invest?
Do you know? Thala Dhoni's Chennai Super Kings is not just the king of IPL, but also the emperor of the unlisted, i.e., pre-IPO market. And they've proven it with their FY24 results. So, let's quickly go through the FY24 results of the 5-time IPL champions, CSK, in just 1 minute!
Financials:
- Revenue has increased by 122%, from ₹325 crore to ₹ crore.
- PAT (Profit After Tax) has surged by 1361%, from ₹13 crore to ₹201 crore.
- EPS (Earnings Per Share) has also skyrocketed by 1361%, from ₹0.4 to ₹6.1.
Now, look at this: a few years ago in the IPL, when two new teams, Lucknow Super Giants and Gujarat Titans, were introduced, CSK's valuation was ₹10,000 crore, which corresponded to a share price of ₹283. Today, it's ₹210 per share, meaning you're getting almost a 25% discount as it is! And now, with such a fantastic, powerful, and explosive financial result, this valuation will only grow further from the present value. So, you can definitely consider investing in Chennai Super Kings Unlisted Shares. And for that, pick up your phone and call Planify to make your money fly!
About Chennai Super Kings Pre IPO (CSK Pre IPO)
Chennai Super Kings Cricket Limited is an unlisted public company, which owns and operates the cricket team Chennai Super Kings which is famous for playing in the Indian Premier League, the domestic cricket league played in India. The Chennai Super Kings have won the IPL title four times (in 2010, 2011, 2018, and 2021), and have the highest win percentage of matches among all teams in the IPL (59.83%). Founded in 2008, the team plays its home matches at the M.A Chidambaram in Chennai. Initially company was owned by India Cements, they later demerged and created a separate entity named Chennai Super Kings Cricket Ltd.
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