Greenpanel Industries conducted their earnings con-call today at 4:00 pm
"One of the major MDF player in India"
Here are the key highlights of the call 😀👇
@varinder_bansal @nid_rockz
- The company have divided forex loss in 2 parts: 7 crore in interest and 1 crore above EBITDA.
- Exports market: Anti dumping which was announced couple of weeks back has been confirmed by the government. This will improve the margins.
- Company has witnessed larger growth in towns and cities and things are slow in urban areas specially in western states.
- Extent of industrial growth from company point of view is that it have grown above 25 percent in previous times and further it can growth above 15 percent next quarter
- Non availability of containers for shipment is impacting imports.
- Company have sufficient space in Andhra Pradesh to do brownfield expansion
- Value added MDF contribution has gone up this quarter.
- For next couple of years growth can be of 15 to 20% in MDF segment. In plywood in bad times 3 to 4% and in good period 6 to 8%.
- Net debt: 452 crore at end of current quarter, 400cr by 31 March 2021 and Around 200 crore by 2022.
-There have been a change in the product mix for the company. There is a dip in plywood realization as people shifted to other alternative.
- After MDF full capacity expansion there will not be a lot of Marketing expenditure
More from The Tycoon Mindset
More from India
#LIVE Delhi High Court Women Lawyers Forum in Association with LiveLaw is conducting a Webinar on the topic 'Attack On Love Marriages And Freedom Of Choice'.
#FreedomOfChoice
Watch the Webinar live at :
YouTube link: https://t.co/l074foe9RA
Facebook link:
https://t.co/d0m3h0Ut1w
Instagram Link:
Advocate Kajal Chandra begins the webinar and introduces the panelist Justice AP Shah, Delhi High Court’s Former Chief Justice. Advocate Gayatri Virmani introduces Human Rights Activist Jagmati Sangwan.
#FreedomOfChoice
The moderator Adv Chandra questions Justice Shah: Do the freedom of Religious ordinance of laws stand the test of Constitutionality and in your opinion, do they violate the fundamental right of liberty including the freedom to choose? #FreedomOfOpinion
Delhi High Court’s Former Chief Justice AP Shah: This topic cannot be discussed without referring to the Indian Constitution that guarantees Justice, Liberty, Equality and Fraternity and protects dignity of individual and Unity and integrity of the Nation. #FreedomOfChoice
#FreedomOfChoice
Watch the Webinar live at :
YouTube link: https://t.co/l074foe9RA
Facebook link:
https://t.co/d0m3h0Ut1w
Instagram Link:
Advocate Kajal Chandra begins the webinar and introduces the panelist Justice AP Shah, Delhi High Court’s Former Chief Justice. Advocate Gayatri Virmani introduces Human Rights Activist Jagmati Sangwan.
#FreedomOfChoice
The moderator Adv Chandra questions Justice Shah: Do the freedom of Religious ordinance of laws stand the test of Constitutionality and in your opinion, do they violate the fundamental right of liberty including the freedom to choose? #FreedomOfOpinion
Delhi High Court’s Former Chief Justice AP Shah: This topic cannot be discussed without referring to the Indian Constitution that guarantees Justice, Liberty, Equality and Fraternity and protects dignity of individual and Unity and integrity of the Nation. #FreedomOfChoice
You May Also Like
Recently, the @CNIL issued a decision regarding the GDPR compliance of an unknown French adtech company named "Vectaury". It may seem like small fry, but the decision has potential wide-ranging impacts for Google, the IAB framework, and today's adtech. It's thread time! 👇
It's all in French, but if you're up for it you can read:
• Their blog post (lacks the most interesting details): https://t.co/PHkDcOT1hy
• Their high-level legal decision: https://t.co/hwpiEvjodt
• The full notification: https://t.co/QQB7rfynha
I've read it so you needn't!
Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.
The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent — this will be the heart of their assessment.
Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have — though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.
It's all in French, but if you're up for it you can read:
• Their blog post (lacks the most interesting details): https://t.co/PHkDcOT1hy
• Their high-level legal decision: https://t.co/hwpiEvjodt
• The full notification: https://t.co/QQB7rfynha
I've read it so you needn't!
Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.
The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent — this will be the heart of their assessment.
Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have — though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.