Hi Nikhil,
Thanks for pointing out on trading sales being chemicals and not the end products. I agree with you that the trading sales is not the final product but RM or intermediate one as mentioned in AR annexures. I had missed out that somehow.
Regarding natural colors capacity, my central point is that even if VDSL ventures into natural colors on small scale (as compared to synthetic colors) it can contribute handsomely to the top line. I do recognize that the processing facility may be different from the synthetic color, however if the company is able to develop products and market it, there exist a significant possibility of company setting up capacity and capitalize on this opportunity.
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