Results look quite strong, which is what the market has come to expect from the company. I guess exports to US / LATAM and Europe must be growing neatly, a lot of growth is coming from there. In domestic, company has been able to pass on RM cost increases well, so there is no major compression in overall margins. Need to watch the working capital however. Also progress in animal nutrition and environment health business – how they are growing. I don’t find the presentation and concall details on the website however, waiting for it.
Subscribe To Our Free Newsletter |