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Alamak, what the hell happened while I was gone since last Wednesday.. this thing been pumping hard. Think it got another leg up next week? Who know better?
first significant profit from building materials arising from efficiency/optimisation actions. cash & cash eq ballooned to over 90mil and announced dividend which is a sign of confidence. 2025 RPTs lower than previous years. the question is - will q4fy26 in jul achieve another significant profit from building materials?
Most of the building materials companies were making money last year and esceram was the laggard; low margins <1.5%. Last QR bumped up to 4.5% for the very first time. Need to observe whether the changes taken are structural or just one-off. If it is structural, continue reporting good profit in Jul. If not, back to square one, profit less than 1mil.
