Jayashree Satagopan
President Corporate and CFO
Notable Quotes
The company has improved its non-subsidy EBITDA mix during the quarter, which stands at 25%, versus 16% in the previous year.
The margins for next year, we are expecting in the range of about INR 4,500-5,000 per ton in terms of EBITDA.
Dhaksha's order book stands at around INR 250 crore, and the company plans to service the same in the first half of the year.
The government has issued an office memorandum in January, which gives the broad guidelines in terms of the reasonableness margin for all the fertilizer companies.
Our nano plant in Kakinada has to come full stream, and we also want to wait and see how these new technology adoptions are happening.
Given the backward integration that we have, we expect the margins to be positive.
We have started in a very small way during the last quarter, token invoicing and shipments are happening to some of the specialty chemicals customers already.
The government has been considering and getting supplementary credits for disbursement of subsidy. So we hope they will be able to get it through.
When you look at it on an annualized basis, I think we will be in the range of INR 5,500-INR 6,000, as we had indicated earlier.