Adventz counts Zuari Industries, Texmaco Rail & Engineering, Paradeep Phosphates, Mangalore Chemicals & Fertilisers, Zuari Infraworld, and Hettich India among its flagship companies.
PPL’s EV/EBITDA multiple of 5.6x is at a significant discount to its closest peer, Coromandel International, and closer to GSFC, which trails PPL in terms of return ratios by a margin.
In the past two months, Saroj Kumar Poddar has jumped into two corporate takeover battles. The chairman of Adventz group has been giving sleepless nights to industry veterans like Vijay Mallya, Shailesh Mehta and Om Kothari.