Acrysil – Kitchen sinks

Hi All,
Thank you for all the great insights on this thread.
If anyone can help with understanding a few aspects of the business that would be great.

1. Is there any information on the margin realization for quartz and stainless steel sinks? Quartz sinks sound like a form of Value add product and I am expecting around 25-30 pc margin. However, with average realization of a quartz sink around 5000-700 I am not sure if my assumiption is accurate. Any information around this is much appreciated.

2. With the commissioning of major capex plans which will take capacity upto 8.4L quartz and 1.4L steel sinks, revenue is surely going to hit 700 odd crores by FY 23. With net margins around 13-15 pc, net profit could hit 80-90 crores,increasing eps by 30 pc,taking P/E down to 18.
   With further growth triggers down the line and a stable growth outlook management goals seem realistic. Is there any possibility of margins improving in the near future if the management makes the decision to follow growth by increasing quartz sink contrinution to overall revenue. Is there any possibility of that scenario playing out? Or are the management going to maintain a conservative mix between the two products?

Thank you for your inputs in advance. Hope to learn from you all.