Astec Lifesciences

[Pragnesh]

Astec life future growth triggers

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Pragnesh's portfolio

Astec life FUTURE GROWTH TRIGGERS 1…we want to increase our EBITDA margins from 20% to 25%. We want to grow at the rate of 20%compounded. 2…New herbicide plant =Now reaching close to completion of the construction of the plants and we want to inaugurate the plant in the third week of February 2021 , so the full impact of the revenues will come in 2 years of the commissioning. =The herbicide plant is being used for contract manufacturing, = ICRA notes the company’s planned efforts toward…