Q3-FY26 · Shil Singh Matasur
We are already seeding certain markets and when these markets evolve to a level where we see potential of putting up a local plant, it is already on the consideration side based on realization of those numbers.
Kriti Industries · tone and specificity signals across the available quarters.
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We are already seeding certain markets and when these markets evolve to a level where we see potential of putting up a local plant, it is already on the consideration side based on realization of those numbers.
Our major presence is in central India where MP, Rajasthan, Maharashtra. These areas were impacted hugely because of the rains for all companies. We were impacted more in terms of overall sales, but we believe we have maintained or slightly improved our market share.
Prices have already started correcting. Last couple of weeks, local producers have increased prices three times. With water bodies full and current affordable pipe prices, there should be positive feeling among farmers to buy more pipes this season.
We are very clear that there is a limitation to grow beyond a regional territory if you have a located plant at one location.
We are targeting a fairly substantial increase this year... building product offers better margins and sustained volume throughout the year.
We will consolidate our position and fortunately for us this territory where we are we are a leading penion brand and that gives us an advantage.