In there recent Q3 Conference call , Chirag mentioned that In domestic mkt they cant hope to grow ONLY through sinks as when their dealer network is spreading , the people want more than a sink when they come to the store , hence the additional adjunctions like kitchen Appliances / Bath products etc & Hope to get into Builder segment for growth ,so now the problem is Bldg product segment by nature is a low -margin segment and i am not sure if they will be able to maintain their current margins if this segment grows, at a consolidated levels. This is the precise reason by CERA Sanitary ware didnt go big in the Bldg segment due to dilution of margins in this segment ! So jury is still out on this one.
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