Login
SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Star Mica says housing equipment order suspension to have limited impact on business

#International News#Japan
Last Updated : 17th Apr, 2026
share-icon Share
font-size icon Font size
ABC Small ABCMedium ABCLarge
Save
print Print
comment Comment
Synopsis

Star Mica Holdings Co Ltd has indicated that the suspension of orders by housing equipment manufacturers is unlikely to significantly affect its business performance. The company clarified that its overall exposure to such manufacturers remains limited, helping it manage any short-term disruptions. The development comes at a time when supply chains and demand cycles in the housing equipment segment are seeing some adjustments. Despite this, Star Mica maintains that its diversified operations and revenue streams will support stability. The company's statement aims to reassure stakeholders about its operational resilience.

Story Image

Representative image

Star Mica Holdings Co Ltd has stated that the impact of the recent suspension of orders by housing equipment manufacturers on its business performance would remain limited. The company indicated that its dependence on this segment is not significant enough to materially affect its overall financial position.


The clarification follows concerns around disruptions in the housing equipment supply chain, where some manufacturers have paused or adjusted orders due to changing demand conditions and inventory levels. Star Mica, however, explained that its business model is supported by a broader portfolio, reducing the risk from any one segment.

The company further conveyed that even if the suspension continues for a certain period, the overall effect on revenue and operations is expected to be manageable. This is largely due to its diversified sources of income and existing order book across other segments.

In the past, companies in similar sectors have faced temporary slowdowns linked to cyclical demand in housing-related industries. However, firms with diversified operations have typically been able to absorb such shocks without major financial strain. Star Mica's current position appears aligned with this trend.

The update comes amid a broader environment where housing equipment manufacturers are recalibrating production and procurement strategies. Factors such as demand moderation and supply chain adjustments have contributed to these decisions.

Source Reuters
Next (Bandra East high court complex to reshape Mumbai real estate market)

Have something to say? Post your comment

Post Comment

Quick Links

Asset Class

Location

Other News
post_image

5th Jun, 2025

Mumbai emerges as top data centre hub in Asia-Pacific region
post_image

25th May, 2023

Reliance Industries acquires the Mandarin Oriental Hotel in New York
post_image

11th May, 2023

U.S. housing market sees significant decline in home listings amidst reluctant sellers and high mortgage rates
post_image

27th Apr, 2023

US single-family housing construction on the rise: positive signs for a struggling market