@Ghonarbochon I have tried to partly answer that in a previous post. To summarize it, my best guess is:
- This will be equivalent to no supply demand gap in the market
- Fall in solar glass prices to little above (adding for inflation) 2015-2020 levels due to flooding by chinese players. I guess anywhere between INR100-120 /sqmm. This in turn, should kill ebitda margins further. With current inflationary pressure on cost and assuming glass price of 110, my calc shows a sub 10% ebitda as against mgmt guidance of 30-35%. In short, it will be catastrophic for the stock price. Imagine the asteroid that destroyed dinosaurs
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