Aarti Industries CMD on Rs 6,000-cr order win, EBITDA guidance & more
Aarti Industries has secured a Rs 6,000-crore contract for a niche specialty product from an existing customer. The supply is expected to commence from CY24, with a revenue run rate of Rs 1,500 crore per year. The company anticipates good demand growth for this product and plans to debottleneck its capacity. There is potential for increasing the contract size in the future. The EBITDA margin for this contract is around 15-17%.
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