Nirmal Bang's video: V-Guard Industries posts a strong Q1FY23 mgmt expect non-south revenue to increase to 50 in 3 year

Co has achieved a 3-yr CAGR of 13% Margins are healthy in the current circumstances As copper prices corrected, co had to take a hit of c.INR 10cr in Q1FY23 Expect margins to normalize soon Structurally, product mix will remain same Consumer Durables as a business is growing faster Contribution of Consumer Durables to revenues will increase over time Non-south revenues to increase to 50% in next 3 years Capacity utilizations are healthy at current stage Co is setting up manufacturing capacities under V-Guard Consumer Products Limited over next 15months Additional capacity will be added through internal accruals Co is confident of having a strong and positive FY23 Co expects strong growth across segments Visit our website on: https://www.nirmalbang.com/ Open Demat Account Now: https://bit.ly/2VioriL Here are our social media handles. Follow us and stay connected for more updates: LinkedIn: https://www.linkedin.com/company/nirmal-bang/mycompany/ Facebook: https://www.facebook.com/nirmalbang/ Instagram: https://www.instagram.com/nirmalbanggroup/ Twitter: https://twitter.com/NirmalBang Visit our website on: https://www.nirmalbang.com/ View more videos on: https://www.nirmalbang.com/static/nb-media.aspx Disclaimers & Disclosure https://www.nirmalbang.com/disclaimer.aspx https://www.nirmalbang.com/disclosure.aspx