Thanks for your question & @soicfinance for retweet and greater reach.
Here is an interesting industry level🧵
♻️Retweet if you liked it https://t.co/j23ogmdc3S
There would be multiple winners right... How about comparison with other players... Other than Apollo... What makes it different and give some sort of edge over others... I mean does it have what it takes to be no 2 maybe... Ashirvad is pretty dominant too and its not listed— Harinder S Nanda (@harindersnanda) July 23, 2021
I will try to avoid redundancy from my earlier post in this thread. So, you may want to take a look at this one as
The industry itself is growing at double digit CAGR. Great proxy to Real estate/Infra spending.— Mouzam (@mmali09) July 23, 2021
Attached some of my notes and observations from earlier FY21 concalls. (kindly also read latest filings)
Another great blog from #SOIC#PrincePipes #CPVC https://t.co/VnnsimpCOE pic.twitter.com/DF3gpcUXSe
1. Wide Manufacturing Base effect
Prince has a strong & growing manufacturing plants presence in the country which leads to one of the lowest freight cost in the industry. Finolex has the lowest cost most likely because of their backward integration into PVC resin.
2 Distribution Network: Prince has highest no. of Dist. and Dealers among its peers.
3. Continuing on the high distributors reach, the industry has never seen such a surge in the PVC prices which has led to industry consolidation with organized players gaining market share. And the player with greater reach/product availability is likely benefit more.
a lot of info avail in Q4 concall.
66% rev come from plumbing & SWR
Realty, govt programs-jaal ka naal, irrigation.etc will augur well
I Will post an updated chart with subwaves once it comes out of channel
Snippets & best report from soic👇 https://t.co/ru6xpHdJ8h