@AjithaPriya, yep.. but they need to demand kick from the oems...
Unless bs6 norms or ev thene comes in..
There cannot be incremental growth...
The farm equipment business is a trading one, and margins are unspectacular.. they vasically buy frim the chinese n sell it here...
Also these are power back up equipments, if rural electrification is really done demand for these will decrease, although unlikely in short term but still market will factor this in...
That leaves us with the custimer support business which they want to expand , which is asset light ,and has good margins... Managemnet wants to dilute its revenue mix of engines with greaves care... Which is good... So..
For me greats sud be a 2020 kinda story when ev n bs6 norms might be the play...
Also any change of gov can lead to change in policy over fuel norms...
So we sud continue sideways for some time.......
WYK_TR
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@Sandipan.mch, Are you not planning to go the electric way..