Hi, I got their audited financials for FY19 & FY20, please check below link and following are summary of Signode India Ltd’s consolidated audited financials but their EBITDA margin is 25%. I think, it is due to consolidated sales of their other packaging machinary & materials also. Only for steel strapping – it looks like, difficult to get the margin numbers,
| Values are in Rs.Cr | FY19 | FY20 |
|---|---|---|
| Revenue | 1,348 | 1,329 |
| Cost of goods | 493 | 510 |
| Purchases of stock in trade | 307 | 282 |
| Changes in inventories of finished goods | 7 | -8 |
| Employee cost | 202 | 216 |
| other expenses | 105 | 94 |
| Total expenses | 1,009 | 1,000 |
| EBITDA | 339 | 329 |
| EBITDAM % | 25% | 25% |
https://www.signodeindia.com/2020/documents/Signode_FY2019_20_consolidated.pdf
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