Samir Gupta
Chairman and Managing Director
Notable Quotes
We have drawn a five-year growth plan to achieve 35% revenue CAGR and hit Rs 5,000 crores revenue by FY31.
We are targeting 400 cr plus revenue for the quarter 1 FY27.
We will ultimately merge Kissan Moldings in Apollo Pipes Limited. We are already working on how to go about it.
We are ready for high double digit growth also for the rest of the 8 months. But yes a lot will depend that how macro pans out but worst case we would be growing our sales volume by double digit low to mid double digit.
We are already seeing lot of deals on the table. In like weaker players capacity coming for sale. Every day, every week a banker would show us a deal. So definitely there is a lot of stress.
We are not losing confidence in the growth prospects of this industry. It's just a kind of weak bad phase which will go away because this stress in the industry and players selling below their cost... those smaller weaker players will vanish.