Our company has shown exceptional growth rate of 38.4% on EBITDA over 10 years. Going Forward Considering the market conditions, expansion plans and fluctuating global forecasts Green water Treatment Solutions management reduced its forecast of CAGR to 19.2 % from historic 38.4 %, ie almost half. Considering the inflation the COGS provided with 12.7 % inflation provisions.
In the last Year company was expecting 50% sales growth based on increased geographical reach and increased sales force, however the expected growth on Post COVID condition was hampered by the reduced investment, decreasing investment in utilities and tighter targets by clients to leading to lower growth rate of 26.2%.
Forthcoming year order bookings, increased activity in Oil and gas sector, up trend in manufacturing sector are expected to give moderate growth in the first two quarters. Again Green Water Treatment Solutions team is expecting 30- 50% growth on cumulative sales in the first 6 months.