With all these projects, capacity expansion as well as addition of upstream and downstream products, how much topline is expected to grow?. They are saying , they will double the revenue in 4-5 years, but is it after doing all these projects?
Also what about operating margins? Will they increase with these projects?
During FY 20, Fy 21 and FY 22, margin was around 25% while FY 23 it is reduced to 16%. Earlier period during FY 16, FY 17, FY 18, margin used to be 12%. Management said in concall high margin was due to DASDA, but that can be for one-off year, it cant be for 3 years sequentially…why margins are going back to FY 17 period? And will it really improve with all these projects? And what is the upside expected in price if revenue really doubles in next 4 years???
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