I've got a couple of questions. First, a numerical question, let me finish that. On the other segment, the EBIT has fallen from INR25 Crores last quarter to around INR1 Crores this quarter. What has changed? Because revenue number hasn't changed much. Why there is such a sharp swing in the EBIT margin for the other segment?
So what explains less change in revenue in that? So what is compensated...
First of all, Happy Diwali to the entire team. First, to the bookkeeping question, let me finish that. This quarter there was a sharp drop in the other expenses on the standalone side, any particular reason? And this is despite freight cost being elevated, that's one. Number two, it appears that there is some compression in the gross profit margin at Aquapharm level and that's leading for EBITDA sequentially declining. Any particular thing happening in the Aquapharm as the weakness in the entire market is impacting as well.
Raj, just on the operating cost, of Rs. 14.50/Kg is the operating cost this quarter and for last many quarters if we see, we were hovering around Rs. 15 - 16. There is a genuine reduction in the cost, it's more of an operating leverage which is playing out here, or you feel that we will again go back to Rs. 15-16/Kg?
First, on the Aquapharm part of the business. When we did the acquisition they were doing about INR380 crores, INR370 crores of E BITDA annually. Right now, we are at INR 55 crores of EBITDA (quarterly). I know industry is going through a tough situation, but INR55 crores looks way too small and how do we plan to improve it?
Fair enough. Raj, you said that you are looking to increase the market share. We are already at 24%. The in dustry probably is growing at 4 -5%. We are telling if we are doubling say in the capacity in the next 4- 5 years we probably end up having a market share of about 40- 45%. Is that what we are aiming?
Good afternoon, Sir. Thanks for taking my question . S tarting with our energized brand which is a b attery chemical earlier I thin k a quarter or two back you said that we are very close and now we have supplied the sample can you can you elaborate more particularly in battery chemical what is the component we are looking at it, what is the present opportunity, how critical that element is and what does our internal assessment t alks about our ability and what are the other opportunity within the battery if at all we are looking beyond this product?
Fair enough, fair enough that is quite useful. The second one is o n the specialty there has been a sharp acceleration in the volume wha t is driving it more of a coating or pigment which is rubber what within the specialty is driving this growth and what are in the catalyst because it has been a very smooth and steady growth but it looks like there is a step of jump this quarter can you elaborate more on that?
Yea. Thanks for taking my questions. I got a couple of them. First on this Kavach project, are we involved into the equipment for anti-collision or the 4G or LTE deployment on 700 MHz which is the same band we are putting for BSNL for the railway as well? What is the part within the Kavach are we playing the role?
Got it. That’s very clear. Second on the closing backlog which stands at close to INR71 billion. Can you just help us in breaking what is the BSNL's component within the 71 billion and how has non-BSNL component has grown Q-o-Q and Y-o-Y?