We expect the company to grow its Revenue/EBITDA/PAT at a CAGR of 32% / 31% / 24.6% for the period of FY26-FY28E. The company is currently trading at 19x FY28E and we value the company at a PE of 22x FY28E EPS, implying a target price of INR 36 with the upside of 12.2%.