Q: Could you take us through the manufacturing capacity of the plant that you have? What are the plans to take it forward?
A: Our total capacity across the group in cement is about 14Mt. We would like to be in the range of 30-40Mt player. At least, we want to be somewhere between 7-10% of the market.
Q: You have stayed away from acquisitions on the cement side. Are you open to inorganic strategies as far as the cement business is concerned?
A: Absolutely. With the KKR deal, our mindset has changed. Apart from greenfield, we will look at inorganic opportunities as well.
Q: What are your revenue targets for FY12? How close are you to the aspiration of having a 10% domestic market share?
A: In the markets that we operate, we have 15% market share. There are some new markets that we have entered where we have 4% and 5% market share. We are scaling that up and are doing reasonably well.
Q: What are the future plans as far as Dalmia Cement is concerned? Are you also awaiting an IPO?
A: Only after we build a significant momentum and scale, we will be thinking about it. We are not looking at going public right now. We are just focused in the short term in consolidating our position and executing well. In the long term, we are looking at significantly scaling up our business.
