@Mayank_Bajpai Ji,
Please don’t just post link to a blog or twitter page, unless it shows preview that contains the relevant points. Placing link to BSE or company website is fine though.
I am adding the content for others benefit.
KEI’s management Interview – (Key Outcomes)
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-Revenue growth in the cables business was 30.5%, with volume growth of 22% due to lower raw material prices.
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-Market share concerns were raised, comparing Kei Industries’ 22% volume growth to competitors’ 30-50% growth.
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-Margins dipped due to capacity constraints and higher expenditure on IPL and advertisements.
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-The company is building up capacities to meet strong market demand and achieve targeted volume growth of 16-17%.
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-Large capex planned for the room factory with an investment of around 1000 crore over three years.
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-EHv business on track to cross 600 crore, despite Q1 dip due to clearance delays from utilities.
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-Export contribution is expected to increase, and margins in exports are slightly better than domestic sales.
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-Retail business to be ramped up to 46-47% of sales this year, with similar margins to B2B business.
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-First-quarter margin dip due to higher expenditure on IPL and advertisements, overall margin expected to be close to 11% for the full year.
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-Market share movement in Q1 lower than peers due to capacity constraints.
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-The company maintains its guidance for the year despite market expectations.
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