My notes on concall
Management has guided for 1000.cr revenue in fy25 and it is on track to achieve that.
Discussion with customers for some big orders for granite sink which should materialize in 1/2 quarter.
Steel sink & tap business should be doing well.
Have lately seen them in action in terms of marketing with “cook with carysil” campaign.
Even with headwinds in europe and other countries they are delievering growth so with some tailwind they should do better.
They already have land and capex for growth . To see when they start to put that to action thats where next leg of growth above 1000 cr will kick in.
To me overall it appears to be directionally positive in terms of business momentum
Margins may remain around 20 % mark for now as guided by management
Disc – Invested no transaction recently.
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