Mann’s Portfolio

Hello,
In My limited Understanding
Needle Rollers are typically very customized as per the different application, which causes SKP to spend very high amount of time just to onboard the different clients.
Ball Bearings though can be customized the customization is very limited (hardly 4-5 Types as per management)
Ball bearings is very Volume related game
And Just so you know that the margins at 45% utilization is near to 20%, Better cost utilization imo can take the same to 25%, as better absorption of fixed cost will happen

and also the Needle rollers are used at large in ICE Vehicles’ engine, where as Ball rollers are used at large in EV since the main characteristic of Ball rollers is that it Suppresses the Noise caused due to working of the machinery which is the main reason why Balls are used in it since EV are silent

Of-course the Blended margin will come down the same is acknowledged by management too in recent Call

And For capacity Utilization the ball Volume for H1 is up 80% odd the same isn’t Updated here, the revenue is flattish in light of ongoing downside in Textile sector and hence the new capex is stopped, halting the revenue from Other Sectors