The lubricant additive supply deal lands next quarter, doubling capex to prep for it. The latest print strengthened, yet the rich price already banks the ramp.
Overall read
6.5/10
Priced ahead of it
The three reads · this quarter
The lubricant additive supply deal lands next quarter, doubling capex to prep for it. The latest print strengthened, yet the rich price already banks the ramp.
Overall read
6.5/10
Priced ahead of it
The three reads · this quarter
The standing reads · change less often
Moat
Slim edge
Key variables
3 tracked
lead: Capacity utilizationUtilization is steadily rising, indicating stronger demand absorption and improving operating leverage.
Walk the talk
Erratic
as of Q1 FY27FY27 capex doubled to Rs. 250 crore for two new buildings at Pakhajan, with Phase 1 commissioning in Q1 FY28 and Phase 2 in Q4 FY28.
3 of 5 guidance items delivered on time
Where it sits