Kapil Mehan

There is a cabinet meet today to discuss a change in the urea subsidy policy.

Volume intact in Q3; hope to maintain margin at 8-9%: Zuari Agro

Zuari Agro Chemicals' volumes remained intact during the third quarter but drop in international prices leading to lower prices here caused a topline decline, said MD & Group CEO Kapil Mehan in an interview to CNBC-TV18.

Good monsoons to boost sales, see debt coming down: Zuari Agro

In an interview with CNBC TV18, Kapil Mehan, MD & CEO of Zuari Agro Chemicals talked about company's growing volumes, debt and good monsoon.

Zuari Agro to pass on gains from input costs to farmers

Even after passing on the benefit of lower input costs, Zuari Agro Chemicals MD & Group CEO Kapil Mehan expects improvement in margins due to better demand and working capital cost management.

Expect better sales on back of normal monsoon: Zuari Agro

Two droughts did impact the company revenues but they expect a recovery on back of a normal monsoon, said Kapil Mehan, MD & Group CEO, Zuari Agro Chemicals.

Expect Rs 1k cr subsidy payment from govt by Apr-May: Zuari Agro

Kapil Mehan, MD & Group CEO of Zuari Agro Chemicals says the subsidy payment will ease off some pressure as total borrowings have risen to almost Rs 3000 crore.

Expect improved H2 on lower input costs: Zuari Agro

In an interview to CNBC-TV18, Kapil Mehan, MD & Group CEO of Zuari Agro Chemicals spoke about company's results for this quarter.

Gas price cut: Fertiliser cos gain; ONGC, OIL, GAIL to hurt

It will have a positive impact on interest costs as our subsidy comes down to that extent, and also our cash flow for buying raw materials also comes down, Kapil Mehan of Zurai Agro said, adding that it was a marginal positive for the fertiliser industry in general

Fertiliser biz fine, agrochem usage affected: Zuari Agro

Kapil Mehan, MD and Group CEO, Zuari Agro Chemicals, gave his views on the company's performance during the monsoon season, especially given the monsoon deficiency.

Fertiliser stocks jump 3-14% on cabinet nod for gas pooling

Investors lapped up shares of fertiliser companies on Wednesday after the Union Cabinet yesterday approved gas pooling for 30 urea manufacturing units in the country. Fertiliser stocks rallied 3-14 percent intraday today.

Gas pooling to pave way for further reforms: Zuari Agro

According to Kapil Mehan of Zuari Agro Chem with gas pooling the cost of gas is likely to go down to USD 11-12 per mmBtu.

Long-term debt-equity remains very healthy: Coromandel Intl

Coromandel International aims to reduce its debt going ahead, MD Kapil Mehan said.

Will meet pollution norms in 3-months time: Sabero Organics

The Sarigam unit of the company will be operating at about 60 percent capacity since it has not reached full capacity yet. Sabero Organics is targeting about 15 percent EBITDA going forward.

Sabero Organics to perform better in future: Coromandel

Commenting on Sabero Organics subsidiary's good Q2 performance, Kapil Mehan of Coromandel International says there is further scope for improvement because the company aims at targeting 85% capacity utilisation from the current 65%.

See stability, margin improvement ahead: Coromandel

Kapil Mehan says Coromandel's export order book on agrochemical is right now very healthy and so, the company does not see any dip in its non-fertiliser businesses going forward whether it is agrochemicals or specialty nutrients or retail business.

Expect healthy sowing for rabi season in FY14: Coromandel

Speaking to CNBC-TV18, Kapil Mehan, managing director, Coromandel International says that despite the massive fall seen in the rupee, fertilizer costs have remained more or less constant.

Expect fertiliser demand to pick from FY14: Coromandel Intl

In an interview to CNBC-TV18 Kapil Mehan, MD of Coromandel International said, the new complex fertiliser plant at Kakinada is likely to achieve full capacity utilisation by FY14-15.

Coromandel Intl welcomes direct transfer of subsidy

Cabinet has cleared direct urea subsidy transfer today. Kapil Mehan, managing director of Coromandel International says industry has been requesting for such a move for a long time. "We welcome the step. I think the pilot is going to be run across 8-10 districts in the country for direct transfer of subsidy," he adds.

Need urea price hike; industry awaits policy: Coromandel

Kapil Mehan, MD of Coromandel International said complex fertiliser sales have been reasonable this season due to the decent rains in August-September. He is also in favour of urea price hike.

Coromandel eyes 30-40% higher production in FY13

Coromandel International expects healthy demand and consequently good volumes in the coming season. In an interview with CNBC-TV18, Kapil Mehan, MD of Coromandel International said that the company has entered a contract for phosphoric acid valued at $850. The company also expects to improve production levels by 30-40%, added Mehan.

Coromandel to clear Endosulfan stock if exports get SC nod

Kapil Mehan, managing director of Coromandel International, in an interview to CNBC-TV18, gives his views on the implications of the committee’s decision. Mehan feels that it is a positive development, which will enable the company to clear its inventories.

NBS for urea should be pushed at earliest: Coromandel Int

Kapil Mehan, managing director of Coromandel International, in an interview to CNBC-TV18, gave his view on how the issue of urea deregulation will affect his business. Mehan feels that gas availability will affect new capacities of urea.

Expect to maintain margins at 10-11% ahead: Coromandel

Coromandel International's Q4 net profit had fallen 11.51% to Rs 72.62 crore as compared to Rs 82.07 crore for the quarter ended March 31, 2010. Kapil Mehan, managing director of Coromandel International said the company should do better than last year. He sees operating profit margins around 10-11%.

Prices to fall on 'clouded' global trend: Coromandel Intl

Kapil Mehan, MD of Coromandel International, in an interview with CNBC-TV18’s Udayan Mukherjee, said that the difficulty arose due to advisory clause introduced along the notification issued in 2011-12.

Coromandel acquires 9% stake in Sabero Organics

Fertiliser manufacturer Coromandel International Ltd (CIL) today said that it has bought 9% stake in Sabero Organics Gujarat Ltd (SOGL) through promoters.