actually their business depend on big company like hp dell and lenovo etc.so if hp manufacture 1000 laptop in 2023 , they have to recycle half of this like 500.then entry happen eco recycle if eco in 2023 recycle 500 laptop then hp can buy this 500 laptop credit from eco without any recycle and show to government .so basically eco don’t have any pricing power they have limited buyer for their credit .the opportunity is high but risk also high .

Both the management agreed on headwinds and likely restoration in two quarters. About overcapacity of Ethyl amine, it constitute 10% of overall capacity of Balaji amines. I have invested (will exit if stop loss triggers) due to Volume action + new capacity additions 1) n-Butylamine : The plant is expected to be commissioned during the fourth quarter of financial 2023 and ’24. 2) Methylamine : The project is likely to be commissioned around the second quarter of FY 2024 and ’25. 3) Dimethyl ether : The project for manufacturing Dimethyl ether is initiated to be set up in Unit IV and the detailing and engineering is completed and the company has started civil works. The plant is expected to be commissioned during the first half of the FY ’24 and ’25 (end of FY 2025). The company is proposing to take up the following projects at Unit IV.
o N-Methyl Morpholine (NMM) – 3000 TPA
o N-(n-butyl) Thiophosphoric triamide (NBPT) – 2500 TPA
o Pharmapure Povidone (PVP K-30) – 4000 TPAAll these products are first time in the country,

Mr Kirit Patel on concall -In terms of the structure of the competition, well, as you know, we have two players in domestic market, and the rest are from the Chinese or the Europeans active in the market. Over the last year or so, over the last 6 months, we have not seen much activity for imports because our competitor has increased this capacity and has been able to push out the imports to some extent. However, we have managed to retain our market share in this product albeit with some sacrifice in margins. Going forward, given that now the capacities are more or less balancing out between the two domestic players, and we have extra capacity coming on because of the new plant which we have just commissioned in October, where we have added capacity, will give us some headroom in terms of growth in the future.

Mr Ram Reddy – Earlier, I thought that our country’s consumption was 90,000 tonnes. So my 30,000 tonnes can be adjusted anywhere. That was our intention, that’s the reason we are very comfortable, and we did not look seriously on the export market. Because in the total 90,000 tonnes, we can fit somewhere. But these people started dumping like anything. Like Saudi, I’ll give you an example. In Saudi there’s a consumption, one customer is
there, they are selling at INR 170 – INR 160. And in India, they’re selling at INR 70, INR 80.
That has given us the reason for going for the reach registration and to scout outside the country. And last month, we have given in very Saudi Arabia, about 60, 70 tons, I have, exported to those Saudi Arabia, much better price.

Read with singular purpose across the ARs. For instance:

• How senior management changed or remained unchanged over the years?
• Commentary in the chairman’s letter Vs reality that unfolded in future financial statements.
• How has the business evolved over the years?
• What are the major sources of Revenue and Expenses?
• What are the key accounting notes and how they have changed with time?
  …And many more when you have a comprehensive set of questions!!!

Vietnam coffee prices are on peak…but in an interview management is intact on its guidance.
Not able to understand what’s happening in this stock.

He’s on or was on Vpickr : Tar’s Portfolio and Information Attic you can read and decide for yourselves.