Q1-FY27 · Chaitan Shah
We remain confident to achieve our full-year target with a potential variation of plus or minus 10%.
Ashapura Minechem · tone and specificity signals across the available quarters.
Language signals
We remain confident to achieve our full-year target with a potential variation of plus or minus 10%.
In today's environment, EBITDA per ton at $6.3 is a pretty good performance. We used to operate at around $10. So we are optimistic that maybe I cannot predict the timeline but we do think at least closer to that is what we see as the normal run rate.
Freight conditions need to stabilize for demand and volumes in these markets to normalize. In the interim, we are increasing our focus on India, Asia and Africa where the supply chain environment remains relatively manageable.
We not achieved our expected volume which we have planned for quarter 3. It's not that there is lack of business or lack of orders, but because of climatic changes and logistic difficulties.
If it is below $52 maybe then we have to reconsider our stand otherwise we will be very comfortable till that number.
We are very confident of achieving our long-term volume target of 15 million tons for FY28.
We are optimistic that we are close to the lowest end of the cycle as far as EBITDA is concerned.
Our concessions are free from any such terms and conditions [refinery obligation].
We are today price takers and not price makers even if we double or triple our volume.