Q1-FY27 · Anil Gupta
Now we have crossed that hurdle [of 11% operating margin] and we hope that now we will be in the range of 11 to 12% operating margin for the coming year.
KEI Industries · tone and specificity signals across the available quarters.
Language signals
Now we have crossed that hurdle [of 11% operating margin] and we hope that now we will be in the range of 11 to 12% operating margin for the coming year.
We are never targeting for a growth of 35% or 40%. So that's how we are having the discipline. So and accordingly the market is available.
It is not only one case where the margin has increased. It is a combination of three four things—product mix, market mix, and expenditure versus sales ratio going down because of higher top line.
We had guided 17 to 18% growth for FY 2526 and I assure you that our growth will be more than that and we will definitely cross 20% growth over and above last year.
I don't see any slowdown in growth in domestic market because the growth is driven by energy sector especially solar and wind projects, transmission and distribution, data centers and construction activity which includes commercial and residential real estate and infrastructure projects.
The purpose of diversification of markets is that even if there is a slowdown in any particular market our company's growth is not slowed down.
It is just we need some basic approvals which are very essential to sell. With our experience of running a cable industry for last around 50 years it will be ramped up very shortly.
In wires and cables outsourcing model will not work and already there are three four companies who have already come and even though all the existing companies has grown very well even after this competition.
It is not possible to grow after quarter after quarter at 50%. If somebody has grown in this quarter 50% can he grow in the next quarter 50%? It will not be possible because we are industry since last 50 years. So we are growing with copper going up and down.
We are expecting 17 to 18% volume growth in this current financial year, which will mainly coming from Sanand new facility.
We will be continuing running as a debt-free company for next four to five years with a topline growth of 20% CAGR depending on the capacity we are going to add.
In March we suffered we could have done around 50 cr more 50 to 60 cr more exports which could not happen.