Keshav Bhajanka Executive Director Century Plyboards.
In Q4FY23, the company achieved best ever quarterly sales, EBITDA and PAT in absolute terms. What were the contributing factors to the tremendous performance?
After all the initiatives that we have put in place in the cloud division for the last three to four years, you have seen sustained groups. And the reason behind this is manyfold. It could be virokill, it could be attributed to the firewall, could be attributed to the huge ATL campaign we have done. Also, it could be attributed to the change in the go-to-market, whereby we are focusing a lot more on reaching out to the end customer.
Coupled with this, we are now growing in our MDF segment. We are expanded our capacity and we are going into the laminate segment as well where we are expanding our capacity. So I'm very bullish on growth for the company overall going forward.
What is the current competitive landscape for your company, and what are your plans for enhancing your competitive position?
This story is from the July 17, 2023 edition of Dalal Street Investment Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 17, 2023 edition of Dalal Street Investment Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Are Small-Cap Funds Still Lucrative?
While the high growth potential of small-cap funds is enticing, the investment comes with a significant downside. Compared to large-cap funds, small-caps experience deeper maximum drawdown during market downturns. The article examines the how, why and when of investing in small-cap funds
Small-Caps: Book Profits Or Remain Invested?
Our analysis of the performance of small-cap stocks indicates that while the broader markets are expected to rise, caution is advised regarding extreme valuations. Therefore, it is recommended to choose quality small-cap stocks based on thorough fundamental and technical research. The article highlights the reasons for doing so
Can The Global Equities Sustain The Bull Run In The Second Half Of 2024?
After four weeks of gains, the markets paused in the past fortnight, despite outstanding earnings from the Al leader NVIDIA. For the year, the S&P 500 remains up by about 10 per cent, and we view some consolidation after the recent strong performance.
Shifting Sands: Will FIIs Return To Indian Shores?
The Indian equity market currently grapples with a cloud of uncertainty, with volatility reaching its peak. Fils have been consistent net sellers for months, offloading a significant ₹1.20 lakh crore in 2024 alone. This raises a critical question: Is this indicative of a fundamental shift in their view on the Indian growth story, or are they contending with temporary headwinds? Mandar Wagh delves into the potential reasons behind Fil selling and explores when Fils might return to India
ON A SLIPPERY SLOPE
The recent ban on acquiring new customers online and the issue of credit cards has put a spanner in the operations of the bank. Given that the timeline for its operational turnaround is uncertain, the stock has lost its appeal
Resilience Rules The Roost
The key domestic indices reached all-time highs even though Nifty VIX, known as the 'fear gauge', has doubled in value over the past one month
Risk Profiling in Mutual Funds
Whether you lean towards equity, debt or hybrid investments, recognising your risk tolerance is paramount. By conducting a risk profile assessment, you gain foresight into potential investment risks, mitigating any future unease before it arises. Rakesh Deshmukh takes a closer look at the scenario to see how it works
"The Future Of Mutual Funds Looks Promising"
Given that the current landscape of mutual funds is dynamic and evolving, Rashida Kalolwala, Coo, Edelweiss Mutual Fund, states in this interview that the shift towards digitalisation and the emphasis on transparency are some of the factors that will further propel the growth of the mutual fund industry
ETF Vs Stock Liquidity
Exchange traded funds (ETFs) have undeniably revolutionised the investment landscape for both investors and financial services professionals alike. They offer opportunities to diversify portfolios, manage risk more effectively, and reduce investment costs. However, to fully harness these benefits, it's crucial to dispel confusion and misconceptions surrounding ETFs Liquidity. The article examines the working of ETFs, their liquidity and how investors can capitalise on them
Road To Prosperity Through Mutual Funds
In the pursuit of financial freedom and wealth creation, mutual funds have emerged as a beacon of opportunity for investors in India.
