Bombay Rayon likely to be the single largest textile company in India: Dilip Bhat, Prabhudas Lilladher

With respect to the capacity expansions now and over the next three years, how do you think Bombay Rayon sales will be growing?

I think they have really commissioned all their capacities. Now they are the lowest cost manufacturer of fabric in the world. They have the largest fabric capacity at a single location and I think from here on what you are going to see is a quarter on quarter profit growth for next 5 to 6 quarters.

So I think the last quarter in December they reported something like 45-46 crores probably, for the march quarter almost about 55 crores. But hereon - as what I said - one has to closely watch this stock for the quarter on quarter growth. So for 2010-2011 they can report almost 350 crores which will go right to 500 crores a year after. I think this is going to be the single largest textile company in India and holds a lot of promise.