PVC price volatility and inventory gains
Falling PVC prices led to inventory gains in Q4, but future volatility could impact margins.
Kriti Industries · risk themes across the available quarters.
Bear-case history
Falling PVC prices led to inventory gains in Q4, but future volatility could impact margins.
Wars in Iran/Iraq region cause sudden price swings, making demand and margin forecasting difficult.
All major players are present in the region, pressuring pricing and market share.
Heavy rains in FY26 hurt volumes; adverse weather could repeat and impact FY27 performance.