Venuspipesandtubes · tone and specificity signals across the available quarters.
Language signals
With our recent capacity expansion into value added products, we believe that company is entering a new phase of its growth journey. Growth will be driven by higher share of value added offerings and increased participation in critical end use sector.
In FY28 definitely the target is to reach around 18% [EBITDA margin]. Currently it's 16.4% and we believe it can move from 16 to 18%. FY27 definitely improvement will be seen and FY28 should be the year where the entire improvement should come.
On the front of order book, it's around more than 30% on the side of export and balance in domestic. So we see more than 30-35% should be export also going forward in going forward year.
The 20% growth is keeping the current scenario in mind, many things are being considered, and it's always an intent of the company to achieve a higher number than what has been said.
We believe each quarter should keep on improving and I think it should come also to the PAT number also. Many of the projects which have been started are value added, so same should show the result at the PAT level also.
We are the first in the pipe segment who has [received this] award in this contract. Other players are simply fabricators who are engaged in this business without pipe or fitting capacity.