Hi Abhishek, as I understand company passes only 5% benefit and takes only 5% hit from crude/raw material fluctuation. Rest they pass to customers. This is what your math also reflects. This policy of company reflects some significant bargaining power of company with customers. I understand that they are amongst very few specialty yarn manufacturers and not textile commodity trader so they are able to protect their margins (look at last 10 year margins).
From this quarter (Q3 FY2016) onwards around Rs. 3.5 cr. additional revenues will flow in from Nylon 66 sale.
Assuming crude remains at these levels, Co. is expected to report ~Rs. 350 cr. sales and Rs. 46 cr. net profit this year. Co. is planning to increase dividend also from this year!
In FY2017, if USA plant scales to 80-90% utilization levels then sales can fillip to ~Rs. 450 cr.
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