Just went through the annual report. A bit late but still it would be grateful if someone could help me with a few doubts:
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The company mentiones of being among the top 4 globally in quartz sink manufacturing using german tech. Who are the other 3 players? What is the market share of this german technology within the global quartz kitchen sink market? Any pros and cons of this german tech with the other available tech?
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Any idea of the annual supply contract with IKEA? (any fixed volumes)
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The annual report talks about IoT and Artificial Intelligence. Is acrysil already using them or are they giving a hint of their future plans?
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Risk factore mentioned “Entry of New Players” saying that business could be impacted by new players deploying comparable ‘networking prowess’. Someone using better tech and quality is a valid risk factor but what do they mean by ‘networking prowess’. Does it mean that rather than its products, the management feels that their contacts and connections are a better USP for the company?
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Company states that it is the first PVD sink manufacturer in the the country. Now PVD is primarily for stainless steel kitchen sinks. PVD tech is supposed to provide better glamor and finish to steel sinks. If such a great tech, then what was stopping the other players (eg. Nirali) from using the same till now?
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2% of PAT being paid as commission to Mr. Parekh. A possible red flag?
Thank You guys.
Disc. Invested from lower levels