25/04/24 : CNBC; Mr. Rakesh Nayyar
-
RM prices going up leads to increase in topline eventually passing on to customer however if RM prices spikes a lot and thereby leading to increase in end product prices could lead to dampening of demand later on
-
Volumes: Q4 is usually domestic dominated as the white goods manufacturers start stocking up for summer season. Q3 is lean but our exports were higher. Exports overall have been +82% this year.
-
For FY25 we see better exports growth
-
3,25000 Tonnes in FY24 but hope that we ll cross 3.5L tonnes FY25
-
Mass abs: should add 900-1000cr to topline with better margin, with asset turns of 2. Hope by FY27 we should be optimally capacity utilisied.
-
Master batches: This capacity wiukd be online by end of this FY25. Demand coming from EV battery, piping, films, appliances sector
-
Hope volume growth of 8-10% this coming year.
| Subscribe To Our Free Newsletter |
