Marine hawsers - Garware is the largest player in india for providing Marine hawsers
2 Likes
One can have a look at their Q2 press release and the recent interview to monitor which segments are seeing traction.
1 Like
Garware Technical | Management Guidance
a. Q4 Outlook: Expected to be a strong quarter
b. FY25 Margins: Likely to hover around 19.9% with solid growth
c. Geosynthetics: Sales contribution up from 10% to 15%
d. Fibre & Industrial Products: Contribution rising to 15%
e. Domestic Sales: Currently 40%, may increase to 45% in coming years
Watch the management interview here
3 Likes
Sharing Notes :
Aquaculture Segment has the highest margin and growing steadily with the European salmon production volumes increasing by 4%.
Geosynthetics seeing demand in domestic market especially for slope construction in roadways and railways , and also for construction safety, seeing the fastest growth .
Sports Nets where seeing increased order traction in the US as the inventory destocking cycle ends.
7 Likes