As per the q3 fy 24 concall, FY 25 will be an year of value added growth. ( sales growth with margins being sustained or improving depending upon how the LRPC and other lower margin business fare)
Capex to come on stream in next month (during q4 fy 24) and will start contributing from q1 fy 25 and will ramp up from there.
A lot of questions were asked about the prospects of the Saudi markets for the company. Company is the only producer in GCC area for Wire ropes and that should hold them in good stead. Plans for establishing manufacturing facility in Saudi Arabia would be considered after seeing the response to the foray.
There was mention of plasticated and other specialised varieties of LRPC products going forward. (already alluded to in previous concalls)
Logistics costs due to global geopolitical situation have gone up and is a risk, but it applies to all the players catering to European markets.
Balance sheet remains healthy in terms of overall debt, cash flow, free cash flow, and working capital.
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