Additionally as i got the comment out from the management in concall that this capex will also stabilize the ebita margin and upwards of 25pc margin on ppt silica will be a traction to it further…
A 30 to 40cr of debt against a 80cr of expected ebita is totally managable…
As per capex coming online, hacid is the only segment where the supply may increase from holistic consideration…a 50cr of topine exansion is only going to be of advantage…
Pigment green and silica and added violet 23, is an edge not treatened by supply hike…
Its better to watch the stock for another year or so…
Disclaimer… Not invested, watching and interested to mk entry