Thanks for a detailed response. Much appreciated.
I think that Astral would be a good benchmark for steady state Operating Margin. However, Hindware as of now is more focused on revenue scaling being in growth mindset.
I like that each of the division has a seperate CEO. Also, I am impressed by the commentary of the group CFO around strategies and funding of the business.
New CEO is onboard. He mentioned in Q1FY24 call that products need to be rationalized in CAB division.
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