- Patalganga is expected to achieve full capacity by Q4FY24.
- The Thailand Joint Venture (JV) was delayed and is now expected to start by Aug/Sep 23.
- These developments are expected to contribute significantly in the coming years.
- The company conducts no concalls, making it difficult to track and stay updated.
- Management has mentioned that the margins and topline of last year were one-off and cannot be sustained, indicating their integrity.
- Seeking updates on the following:
- Current status on Thailand JV
- Is Patalganga on track to achieve full capacity by Q4FY24?
- Land parcel from Gujarat for expansion – a long-pending point. They had also considered a plan B for procurement of land from MH.
- Price fluctuation is not a concern, but the lack of accessibility to information due to the absence of concalls is troublesome.
- Requesting any inputs to help with the situation.
- Disclosure: Invested.
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