#ACRYSIL
Grew :- 73% YoY & 22% QoQ even in a rising inflation environment.
Reason - Good growth? in domestic markets. (They went ahead and collaborated with Vaani Kapoor to add in domestic markets too)
IKEA partnership has further strengthened as they doubled the supply showing that Acrysil is able to meet scheduled delivery + Quality standards.
Tickford Orange acquisition has strengthened Acrysil presence in UK for new channels for selling kitchen sinks.
Export 72% Domestic 28% (this mix has also changed over time from only export to domestic as well)
Quartz Sink 61% Solid surface worktops 19% Steel Sink 10% Appliances 9% ( over the years they have added solid surface worktops which sits well with capturing the kitchen market)
Healthy margins can sustain owing to stabilization of freight costs and softening of inputs costs which gives validation on future margins here.
Decent capex plans which shows growth triggers are present in almost all segments they work on.
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