Ester Industries · tone and specificity signals across the available quarters.
Language signals
We are seeing that there are enough opportunities to place volume profitably in India as well as across the world and we are also seeing opportunities to be at a sustained higher volumes compared to our past quarters because of the current supply demand balance in the industry. So all these give us confidence that we should have sustainable good earnings going forward not only for the next three quarters but I would go on to say for next 6 to 8 quarters.
The competitor technologies usually look for textile waste which do not which are close to 100% polyester and there is a difficulty in processing when there is a blend along with polyester and if you look at any practical textile waste it is always a blend of polyester whereas says our technology can manage any kind of blend with any kind of color, pigment, dyes and give out virgin like quality.
Right now the share of VAP is at a much smaller scale because we have built a pipeline and this pipeline takes some time to mature and therefore the influence of mid-m margin VAP is not too apparent but you are right as we go forward we are going to see some moderation of the percentage margins right because the mid margin is going to pull down the high specialty margins a little within percentage terms.
The quarter ended March 31, 2026 marked a meaningful inflection point for the company.
Our target is to grow this 25% share of wax films to 60% plus in next two to three years.
We are still assessing the situation with respect to this product. So right now is not the right time to comment on what will it be.