Zydus Wellness Limited CC-Dec23.pdf · 2024-02-08
So, actually, somebody just took away the thought and it was also similar . I also had a similar question, maybe a little more diplomatically and nicely put regarding the same Heinz portfolio. You have summarized your actions and what we have done over the last five years well and you have also tried to give us some understanding of how we look at over the next two years. So, that will help us. I will just add a small aspect here and if you can clarify that also. And from a shareholders return perspective, now I understand that management can execute their strategy. Markets will do their own things, right? We know that, but over very long periods of time and five, six years are long period times, obviously, there was COVID. There are other aspects. We understand that. But having said that, it's 5, 6 years and other companies have done relatively better, if not something very phenomenally good . But they are still continuing to do better than that. From that perspective, from a shareholder wealth perspective, do you believe , I am not asking a one- quarter, two-quarter, one-year, the kind of outlook on stock prices or something, but in general, promoters and owners are the largest shareholders here, and do you believe that now this quarter marks the bottom as far as many of the aspects which were concerned with respect to demand, with respect to cost, with respect to initiatives, with respect to market share and brands and some of the changes which had to be done, do you believe everything is now largely behind us and we are on a trajectory where long -term investors and shareholder returns can see an uptick from here on?
Sir, 17, 18% kind of margins in two years will be largely led by gross margin improvement?