We expect the company to grow its Revenue/EBITDA/PAT at a CAGR of 11.9% / 15.1% / 10.5% for the period of FY26-FY28E. The company is currently trading at 26x FY28E and we value the company at a PE of 28x FY28E EPS, implying a target price of INR 2,976 with the upside of 6.3%.