Regarding capacity utilisation, piping industry doesn’t go as high as 85-90% like in pharma or elsewhere. It is likely to stay around 60-65% at max utilisation. This was clarified in one of the concalls a couple of years ago.
So my understanding is that 50% is as good as around 80-85% for Prince. Not much room unless further capex is done.
| Subscribe To Our Free Newsletter |
