Dhanuka Agritech: Will deliver 18.5% EBITDA margin in FY18

Date:06-08-2017

India fertiliser stocks are in focus as India Met department upgrades monsoon forecast to 98 percent from 96 percent.

In an interview, MK Dhanuka, MD of Dhanuka Agritech spoke about the latest happenings in his company and sector.

Dhanuka will able to deliver EBITDA margin of 18.5 percent in FY18, he said.

He does not expect significant price hike going forward.

"Out of 15 percent growth Dhanuka will be able to have 12 percent volume growth and 3 percent growth because of price rise," he said.

According to him, by September end they should liquidate most of their inventory.