For example, in the coming year FY2023, we have committed almost Rs.350 Crores to Rs.400 Crores capex and depending on how we proceed over the next two to three years, we will continue to invest depending on the pipeline generation and the R&D capability which we will be building in the near short term.
Anurag Roy: So, I mentioned Rs.35 Crores to Rs.50 Crores commitment for the plant capacity expansion and again, you could take two to three years for full utilization for the new capacities and accordingly, obviously there will be some uptick in the revenues from this new herbicide investment as well.
We have a very healthy pipeline of products coming into the herbicide plant and we expect to take it to almost 90% to 100% utilization in year three so as we get on to FY2023 we are expecting to take the utilization rates to almost 70%.
4.11
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IN Analytics · Swing2 Aug 2026IN Analytics · Swing2 Aug 2026Chart29 May 2026Fundamentals29 May 2026
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