Polyplex Corporation – Anand Rathi Research Report

The beauty or comfort for industry is derived from the fact that during this period and so far, there is no material rise in key input prices i.e. PET & MEG. Therefore margins of the whole industry arerising rapidly, as whole of the incremental rise in realizations is adding to profits. So, industry right now is earning super-normal profits and as per industry sources, no major capacities are comingup in production at least for next 2‐4 quarters. So, realization will remain strong for couple of more quarters. Even after that, may be realizations cools off some what, but they will remain quite healthy,giving good margins to industry going forward also.