EBITDA margin expanded by150bps due to better product mix, price hike and cost reduction. PAT grew by 93.5%YoY. The government's action towards improving the agricultural productivity through mechanization will continue to drive volume growth. However, due to the ongoing pandemic the government's subsidy likely to be limited for the year FY22. Revenue & PAT to grow by 11%/12% CAGR over FY21-23E owing to better product mix , exports and Industry recovery....