Associated Alcohols witnessed a V-shaped recovery in FY21 with capacity utilization around 90-100 percent in the second half of the last financial year.
The company currently has a manufacturing capacity of around 4.5 crore litre and plans to expand it to around 9 crore litre in the next 2-3 years. It has a revenue of around Rs 500-600 crore and with the expanded capacity base, the company can potentially generate revenue in excess of Rs 1,000 crore.
In the special segment ‘Moneycontrol Pro Ideas For Profit’, moneycontrol.com’s Sachin Pal gets more details on the company’s performance going forward.
For more details, watch the video.Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.