Thermax Limited CC-Dec23.pdf · 2024-02-13
So, my questions are around the CNG type -4 cylinders. So, if you could let us know your expectation of growth from CNG type -4 cylinders next year given the capacity expansion that we are undertaking?
In the composite cascade opportunity, are we seeing competitive intensity picking up? We have noticed that there has been entry of some new players. So, if you could give some color if you are seeing competitive intensity picking up whether in the order where you're bidding, are you still kind of winning 100% of orders where you're actually bidding? So, if you can comment on the competitive intensity? And in that light, sir, does the competitive intensity will pick up? Do we expect to keep our margins which are around 20% in this business?