– | High Cash Reserves and solid working capital base provide good support for capex led growth. |
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– | With high net worth proportion in the overall balance sheet size and long term debt free position, the company has a strong financial position to fund its capex plans and wither future shock. |
– | Profitable operations supported by subsidy release support from GoI and increased prices from company has helped improve cash position. |
– | Company reached highest turnover in history due to fertilizer sales. |
– | Capex planned for FY24 is 700 crores and plans to spend in a phased manner. |
– | Company is planning to move towards the pharma industry and is considering the organic fertilizer business. |
– | Company is considering increasing its capex and portfolio but is cautious about government regulations and dividend payouts. |
– | Government has proposed lower urea prices and restructuring programs. Company is stocking up on fertilizers due to upcoming monsoon season and expects good demand. |
– | Company is carrying high-cost inventory due to reduced subsidies and is trying to protect margins. |
– | Company is considering restructuring and splitting, but it is far off and needs evaluation. Bonus and share buyback plans are being discussed but need evaluation. |
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