Steamhouse India Eyes Community Boilers, New Verticals To Drive Asset-Light Growth: Vishal S Budhia
Steamhouse India is looking to expand its asset-light business model by offering community boiler systems as an alternative to captive boilers, Vishal S Budhia told NDTV Profit. The company expects to receive a letter of agreement for a new project in the next few weeks and sees opportunities across newer verticals. Budhia said coal trading contributed 26% of revenue in FY26 but added little to Ebitda, while the company's 120-tonne capacity remains under construction.
