Q4 Fy 2024 concall highlights
Elecon Q4 ended on a good note with sales for year @ 1937 cr and NP @ 356 cr
Next year conservatively management guidance of 15% revenue growth .
Open order of 796 cr 10% higher . Cycle of order execution has improved .
OEM signed up 11 . Expect execution of OEM orders in Q3/Q4 next year.
My personal views – Overall company seems to be doing fairly well can grow in double digit for 2 years with some improvement in margin due to scale of buisness .
Disc – Invested since sometime
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