VGVarmora Granito544942Ceramic tiles and

Varmora management detailed capacity utilization, revenue potential and margin outlook across its Morbi, Tezpur and upcoming Solaris plants

By ScoutQuest · Wed 21 Oct 2026, 1:49 PM IST · 1 min read

Input cost increase

14-15 percent

Price increase

16-17 percent

Tezpur plant capacity

6.4 million square meter

Tezpur revenue capacity

240 crore rupees

Tezpur utilization this month

75 percent

Heard on business television between 13:49:58 - 13:52:58 IST.

• Management said input costs rose 14-15% while prices were increased 16-17%.
• Company focusing on higher-margin GVT and IST (integrated stone technology) products, claiming to be first in India with IST.
• Morbi plant running at 80% utilization; Tezpur plant (6.4 million sq metre capacity, Rs 240 crore revenue capacity) at 75% utilization this month, expected 75-80% in H2.
• Existing capacity including Tezpur can generate Rs 2,300-2,400 crore revenue in FY28, rising to about Rs 2,500 crore in FY29, without major new capex.
• Working capital days currently at 96, targeted to reach 85 days by year-end and 74-76 days next year.
• Lab-grown marble business targeted to reach Rs 140 crore revenue in FY28.

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