Housing Loan market share has been decreasing over the years

Kindly update your notes here and thesis time to time, will be helpful

Given that PEB market is heating up and poised for growth both domestically and as well as exports too

The tailwinds are seems to be strong

One doubt why the management has not released any quarterly reports or presentation??

New entries on 23rd Sept 2024
NEWGEN
OPTIEMUS

exits from last week
KIRLOSENG
IFCI

Someone can correct me if there is any reference in research or even management commentary about it? having said its a kind of commodity which is used by several industries as raw material. Having said this, I did not see, why they have not yet explored their quick neighborhood Middle East- Saudi Arabia etc, where the Raw material i.e. C4 derivative ( Olefins and Polyolefins) based raw materials available as first mover advantage abundant due to low prices. Global demand or growth @4.5% and 2025 is indicated at 711 KMT as per my reading from one insight. 80000 MTPA facility to soon add up in KSA from Aramco/Daelim for PIB (Amiral project) already started and to be online within a year or two. This is again not a trade secrete chemistry. Many petchem manufacturers who depends on Natural gas, Naptha etc sell several such commodity chemicals by trade/import and resell in India. For name sake list as producer, but major turn over comes from traded products to meet demand of its customers. Any rules like antidumping duty or changes in freight costs severely affect their margins. I afraid if they have missed the train or not interested in investments and shall change their model as Manufacturing + Trade in near future? It will be interesting to see how many long term contracts they have with eg Lubrizol etc? ( Specially 2T oil market and others)These clients can cease to buy or may not renew LTSA once they start getting cheap PIB from abroad. Ultimately Kotharis have to see how much they can optimise and cut on cost of production and become efficient ahead of disruption…? I had been consulting to few since past in other such cooperations and technology agreements , where I wonder why not they explore to invest in Middle east as Recipe master thereby enter into Global sales agreements? I shall read more or get some more details. Thanks for this thread indeed.