Q3-FY26 · Nihad Shira
We have seen immense consolidation. Going forward, I think competition intensity will ease out amongst the larger players because overall industry will grow so there will be no need for this kind of predatory pricing.
Prince Pipes And Fittings · tone and specificity signals across the available quarters.
Language signals
We have seen immense consolidation. Going forward, I think competition intensity will ease out amongst the larger players because overall industry will grow so there will be no need for this kind of predatory pricing.
We are clearly market share is the priority right now and that is already reflected in the Q3 numbers and going forward both for PVC and CPVC.
Going forward decentralization benefits, product mix improvement and operating leverage these will be the more sustainable levers for margin expansion.
I think 10 to 12% EBITDA excluding bathware loss for next year is what we have done historically even till last quarter it was 12%. We are not happy with 10 to 12%. We are just being conservative. Of course aspiration is much higher.