Ganesha eco – update(future growth triggers)
Ganesha
A…performance
=Stagnant growth since 2019
B…Less growth due to
-(aug 2023)Textile sector is amongst the worst hit due to downturn in western world persisting since last 15
months
-In fact, we have not seen such
gloomy market environment in last several years.
-Pat affected much more due to high interest and depreciation
C…Future growth triggers
1…Warangal plant completed in 2022(Capacity utilization was at around 30% in 2023)
2…Nepal plant(2022)
3…One more production line of B2B chips is to be installed by OctoberNovember, 2023
4… European B2B granule line with a capacity of about 25,000 tonnes is about 225 to 250 Crores
=We will only plan greenfield expansion once we have good
5…B2B business…Coco cola order(B2B)
6…475 cr capex in 2022 and 2023
D…WATCH FOR GROWTH
Disc…invested
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