Attended the concall and got the opportunity to ask few questions that were troubling me.
-
Regarding Neodymium supply – since China has restricted exports of critical minerals, the company doesn’t have any supply concerns as we have tie up with ARCI for supplies and even the govt wants pvt companies to participate in utilisation of these.
-
On Tesla entry into India, the management is positive on getting share of business. Didn’t quantify, nor did I ask.
-
Due to aerospace and drone boom the company is positive on demand scenario and they mentioned that their components were onboard Chandrayan and Aditya L1.
-
E-waste Recycling doesn’t pose any threat to their revenue potential and would in turn improve the availability of supplies to the company.
Other point of interest –
The new business investment is 4 Cr and revenue forecast in FY 25 is 7lin the range of 7 to 15 Cr.
Since the metals involved are in the range of Rs 5000/Kg, once the business takes off, the revenue potential can be huge.
Missed parts of the concall so others can contribute.
| Subscribe To Our Free Newsletter |
