I think in order to understand the competition one need to go through this ACG Associated Capsules Private Limited- Credit rating report Dec 2023
FY23 sales- 2239 Cr Vs 177 Cr.
GPM- 67% vs 54%
OPM- 35.40% vs 21%
PATM- 21.61% vs 10.59%
ACG has cash of - 1229 Cr. and Debt of 975 Cr. as of Mar 23
Dis- Not invested
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