Q1 Concall takeaway
$1 billion one-stop is building solutions provider by 2026.
Debt reduced by Rs. 35 crores during the quarter. The debt at the consolidated level stands at Rs. 253 crore on the total debt-equity ratio is at 0.20.
Roofing gained a market share close to about 1% over last year’s Q1. Roofing we are #1 by far big numbers to the next level.
Q2 FY23 will be again quite a challenging quarter for HIL. But in way of growth, volumes, and market share, we will outshine everyone else, and amongst what is available in the market and the present situation,
Polymer segment as well as from PARADOR - interesting segment to put a lot of energy and investments. While continuing to strengthen our Roofing and Building materials because they are evergreen, and are solid profit providers.
Grow PARADOR to more than double where it is today in the next 3 to 4 years
Entering into Construction Chemicals - consisting of waterproofing solutions, primer, distemper, and many such products. R&D is working aggressively towards these.
Europe is their major market hence war will impact HIL.
@Shikhar_Seth - listen to their concall, you may find it interesting.
Disc: Invested
Subscribe To Our Free Newsletter |