Gabriel India Limited CC-Jun24.pdf · 2024-08-16
Yes, hi. Thanks for the opportunity and hope I'm all right. Firstly, congrats on a good set of numbers for both the domestic and Inalfa business as well. So, just again, sorry to harp again on the sunroof side. So, y ou said that you are clearly you expected this and it's obvious that the situation may arise and you may have to go this route. So, does this need to deter you from finding some businesses or diversifying the production in a certain manner now? Are you more careful post this, or no?
Yes, sorry, the line got dropped off. So, first off, congrats set of numbers for Inalfa and for the standalone business as well. So, one, just wanted to quickly understand, since we envisaged this issue earlier, does this create a challenge for us for our product diversification or merger & acquisition, whatever we are looking for in the future? And two, just to understand, have some clarity on the margin fund for Inalfa in the first quarter, if you hit 14%, I mean, not for a near-term target just in terms of North Star, because there will be a lot of push and pulls now with the margin with ASPs going lower but at the same time, localizations are sort of improving. So, how do we on a year basis, on a year or two out, how do we think of margins? Is it we can reach from 14% to, say, 18%, 20%? Or you would like to maintain where you are at the moment and pass on the benefits to the customers? So, just wanted to understand just your thoughts on this, please.