The company is operating at around 75% of the installed capacity and may be if the economy continues to recover, some capex of additional machining lines will be necessary in next 12 months. The plant is already re-aligned with modern capacities.

The Ebidta margins of around 22% should be the peak margin of the company in near term, as raw material prices now have started to inch up gradually. While the company should be able to sustain the margin or somewhere around 21%, the growth from Dec'16 quarter onwards should come from higher volumes.

The company has pricing power, but it wants the user industries be it power and general engineering to do well which will result in higher volumes and offtake of higher value added products.

The new products and new streams of product line as planned by the Parent will be launched by Mar'17. Earlier the plans were to commission the same by Sep'16, but there was around 6 months delay.

Initially these products will be imported from the Parent and assembling work will be taken care by Elantas Beck India and then gradually, these products will be manufactured in India in next 2-3 years time frame.

Exports will gradually increase from current level of around 5% of total sales to say around 10-12% in next 2 years, but the focus will continue to remain on domestic market.