Carborundum Universal Limited CC-May26.pdf · 2026-05-15
Hi. Thank you for taking the question. First one on Ceramics, I think last call , you mentioned we end up doing 13 %-14% growth in that segment and then the guide for next year also is at 15%-15.5% and we have ended the year at close to 9%. So, just want to understand what is the gap between those two. Second, again on the Ceramic SOFC side, do we supply only the Ceramic Plates, etc., or are we also in the electrolytes for that particular business? Thank you.
On the overall segment, my question was earlier we used to anticipate 16 % to 18% kind of growth in the Ceramics segment. So, I was assuming because of the deferred projects, the next couple of years would be in that range, given this year some projects were deferred into next year. So, just trying to understand if structurally there is more competition that you are seeing, or the overall market itself is kind of slowing down?