SSWL has achieved Net turnover of Rs.352.93 Crores in August 2022 Vs Rs.308.09 Crores in August 2021,
recording a growth of 14.55% YOY.
Commodity (Steel, Aluminium) prices have cooled off in the last 3-4 months and since they make up a good % of price makeup I bet the volumes have increased as the topline is around the March 2022 365 cr revenue mark.
Wish they’d give volume disclosure as well to get a clearer picture.
Since they operate on fixed absolute EBITDA margin per wheel bottom-line should benefit from volume increase.
Exports are down 76% YoY still the net sales are near ATH.
When exports kick back in this could propel the monthly sales to 400+cr run rate however the recession in Europe and USA could delay that for some quarters.
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