EBITDA margin target of 5-12% annually
Management expects EBITDA margins to exceed 5-12% annually, with gradual improvement from current levels.
GANDHAR / guidance tracker
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Gandhar Oil Refinery (India) · forward-looking guidance across the available source record.
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margins
Gross margin spread to stay around ₹7.8-8 per liter
Management guided that gross margin spread should remain around ₹7.8-8 per kiloliter going forward, improving from the current ₹7,271.
Volume growth of 10-15% annually over next 2-3 years
Management expects to increase volumes by 10-15% annually over the next 2-3 years without additional capacity expansion.
Land acquisition for future expansion
The company has approved purchase of 453 decimals of land adjacent to existing plants at Silvassa and Taloja for future capacity expansion.
Maintain EBITDA margin around 6%
Management expressed confidence in sustaining current EBITDA margins of approximately 6% in coming quarters.
Volume growth of ~10% annually
Historically, the company has achieved volume growth of around 10% per year, and management expects this trend to continue.
Capex plans for Taloja expansion in 2-3 quarters
The company is drawing up capex plans for the Taloja land for plant expansion, with details expected in the next 2-3 quarters.