Systematix - Everest Kanto Cylinder Ltd.
Systematix - Everest Kanto Cylinder Ltd.
Systematix - Everest Kanto Cylinder Ltd.
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P.K. Khurana:<br />
Aug 2011<br />
Page 15 8/4/2011JKLHJKLHJated by<br />
SYSTEMATIX Institutional Research<br />
The margins are about of 15% in industrial and about 23%-25% in CNG.<br />
Arun Baid:<br />
When I see your cumulative blended margins it comes to about 16% that should have been higher, because 15-23 it should<br />
have been higher right Sir?<br />
P.K. Khurana:<br />
Again it depends the CNG cylinders also we have for three-wheeler, we have for cars we have for buses again at if it is a threewheeler<br />
the margins are still lower, which we supply to large OEMs 10%-12%.<br />
Arun Baid:<br />
Of this I think we did 90000 cylinders in India in CNG this quarter. So majority part would go to which kind of segment it is<br />
three wheelers or it is cars?<br />
P.K. Khurana:<br />
Three wheelers will be almost about 15%-20%.<br />
Arun Baid:<br />
That is it. Thank you Sir.<br />
Moderator:<br />
Thank you. The next question is from the line of Raj Gandhi from Principal Mutual Fund. Please go ahead.<br />
Raj Gandhi:<br />
Just to confirm you are saying this $10 million CapEx will get us 25%-30% increase in Dubai plant, this is by when?<br />
P.K. Khurana:<br />
These are specific machines which we have ordered and as some of the machines are already lying ready in our shop, because<br />
which is heart of the plant, so if to commission them or to commission them later this is to be decided by the management<br />
later. These are the some retreatments line and the other lines, which we have they will be taking them earlier.<br />
Raj Gandhi:<br />
Sir just trying to understand what is the relation between the other Greenfield expansion whereas the debottlenecking your<br />
existing location in that sense?<br />
P.K. Khurana:<br />
You know, as on today the Greenfield expansion as on today there is nothing. As on today we are going ahead in Dubai we are<br />
already working at a 120% so we have to add certain equipments, where we can get a larger quantity at a lower cost. So we<br />
are going for those products only.<br />
Raj Gandhi:<br />
Just coming back to the margin of India industrial being at 15% and 23%, the India segmental results shows the margin at 8%.<br />
Am I missing something there?<br />
15<br />
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