CPVC capacity expansion to 50,000 tons by next month
The 10,000-ton CPVC expansion is on schedule and expected to be completed next month, increasing total annual CPVC capacity to 50,000 tons.
DCW / guidance tracker
Keep management guidance in view.
DCW · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
expansion
Debt reduction to ~₹80 crore by FY27 end
Management guided that legacy long-term borrowings will reduce to approximately ₹80 crore by the end of FY27, down from ~₹225 crore at FY26 close.
Interest cost savings to ~₹25 crore in FY27
With debt reduction, annual interest cost is expected to decline from ~₹45 crore to ~₹25 crore in FY27.
Q4 stronger due to higher pigment dispatches
Management expects Q4 to be stronger supported by higher dispatches of pigments and synthetic iron oxide.
FY27 EBITDA target of ~300 crores
Management indicated that 300 crores EBITDA for FY27 is reasonable, though pricing volatility makes precise guidance difficult.
Net debt to turn negative by FY27 end
With scheduled debt repayment of 130 crores and current net debt of 71 crores, the company expects to become net cash positive.
Finance cost to decline to ~50 crores in FY27
Interest cost expected to drop from 62 crores to around 50 crores, assuming stable working capital requirements.
CPVC capacity expansion fully commercialized
The final 10,000 tons of CPVC capacity commissioned in March will contribute annualized benefits from Q1 FY27.