Kajaria Ceramics Limited CC-Jun24.pdf · 2024-07-23
Sir, m y first question is on the tile capacity utilization. So, in the presentation, we have mentioned that we are going to dispose of two ceramic tile lines at Gailpur plant from July onwards. And if we adjust for this capacity, then we operated it around 96% rate in the June quarter. So, my question to you is, like, if we are quite optimistic about the demand scenario, then what is holding us back to come up with a large expansion program in the domestic market, as we are already operating at a pretty high rate, and we also have a strong balance sheet position?
And some connecting question to this is like our outsourced tile for the share has gone up from say 18% in FY19 to around 25% at present. So, where do you see the share to settle down over the next 2 to 3 years? And if you can also provide some clarification whether there is any difference in the product quality and margin profile of our own JV and outsourced types volume or all are same?