Investment journey of a late starter

Its not a deeply researched stock or one where I expect multibagger returns quickly . I bought it because …

1. Company sells nylon and ployester based products that are typically used to replace low cost elastics . Example…Jockey and such premium Underwears and sportswears. It also makes Nylon66 which is primary material for airbags and this segment should increase because of the gov mandate on this.
2. Company used to focus on international market but now focussing on domestic because the market is now big enough as earning level and sell of premium products increase . This change has changed companies fortunes since Covid .
3. They have good R&D trackrecord on new material and dye creation .
4. Capex completing in next 9 months should increase Nylon6 capacity frm 1 to 3 TPD and Nylon66 from 3 to 8 TPD.These are high demand higher margin product and capex is from internal accruals .There is also a yarn capacity expansion to be completed in Q3 and should start at 50% capacity but show its colours in next FY . Revenue should reach 600 crore .
5. I bought it after almost a 50% drawdown from top corespnding with some margin contraction .Hoping that coming quarters will be better .Since they will go debt free if bad things do not happen(THEY MAY and that why very small 1% investment) ,and their products demand outlook is good,they can expand with reinvestment of cashflow.

All the above is gleaned from the latest AR.The AR is impressive and has a lot of reading material .