The CV cycle will remain in a gradual recovery phase through 2HFY26
Although prices have bounced back from lows it is unlikely that they will go so high that companies can clock huge profit margins
As per calculations by RBI researchers, India’s spare capacity had declined to a 10-quarter low of 11.3 percent in Q4FY24 compared with 11.7 percent in the previous quarter
Firms reporting optimal capacity utilisation jumped to 98 percent, the survey found.
Stocks that are a play on the capex cycle, like capital goods for one, have done well in the recent stock market rally as investors are betting that private sector investments are set to take off
The Reserve Bank of India released the result of its forward-looking surveys on April 6. And while it is mostly good news, a couple of issues stand out
While increased capacity utilisation is a sign of economic recovery, it also raises pricing power, allowing firms to pass on input cost increases
For FY18 the total utilisation would be around 70 percent and in FY19 it would be closer to 100 percent, said Naresh Jalan, MD, Ramkrishna Forgings.
Currently, the port handles 35 mtpa of cargo but aiming for 100 mtpa over two and half years, said Sajjan Jindal, CMD, JSW Group.
India's biggest importer of liquefied natural gas, Petronet LNG Ltd, reported net profit of Rs 397 crore in the third quarter ended December 31. Company‘s profit more than doubled as it handled record volumes of imported gas.
Banks are awash with funds but corporates aren‘t taking any. Plants have large spare capacity and companies have a stockpile of unsold goods.
While it is reasonable to expect India will see high economic growth, private sector investments may take some time to kick in, says Mahindra & Mahindra‘s Executive Director Pawan Goenka.
On the last day of bidding, the initial public offer (IPO) of HPL Electric & Power was fully subscribed till afternoon trade.
Growth is very good and the company is operating at 90 percent capacity utilisation in the quarter gone by, Krupesh Thakkar of MD, Rushil Décor told CNBC-TV18.
Lower capacity utilisation on a quarter on quarter (QoQ) basis affected the performance of the company for Q1 of FY17. "In April and May, the prices were under pressure and from June onwards prices have started recovering and they are stable now", NGVSG Prasad, ED & CFO of NCL Industries said.
VL Rathi, Promoter Director, Advanced Enzyme Technologies is confident of maintaining margins at around 40 percent for FY17.
Tata Steel, Liberty House and JSW Steel are believed to have begun talks with Essar's lenders in May to restructure debt, consider fresh fund infusion and increase in the moratorium period.
Fertiliser production is likely to touch a new record at 25.5 million tonnes (MT) in the current fiscal owing to high capacity utilisation, Chemicals and Fertilisers Minister Anant Kumar said on June 15
NCL Industries also expects to increase its gross turnover to Rs 1,200 crore in FY17 from Rs 994 crore in FY16, NGVSG Prasad, Executive Director and Chief Financial Officer, tells CNBC-TV18.
Saurabh Mittal says there was a 99 percent capacity utilisation in the laminates business in Q4 of FY16. So, they plan to increase capacity by 20 percent this fiscal.
With capacity utilisation enhancement measures, Omkar Specialty Chemicals expects to clock in revenues of Rs 430 crore going ahead.
The company is passionate about Jute and is set to launch new products in the next six months, said Ajay Todi, MD, Ludlow Jute.
Yashwant Mishra, President-Corporate & CFO of Mangalam Cement, says the company could only used 68% of its capacity. The cement co expects a turnover of up to Rs 1,300 crore this year.
The company, which manufactures a range of agro-chemicals like herbicides, insecticides, fungicides, miticides, plant growth regulators among others, has received the license to start manufacturing at its newly set-up Keshwana plant in Rajasthan.