Surya roshni ltd

Q1 FY25 presentation-

Q1 FY25-

-Product mix driving margin expansion

Entered in new product segmen t of Mono Block Residential Pumps via launch of ‘Surya Water Pumps’ in the month of July 2024.

• The market size for such pumps is ₹ 1,000 crore and is growing fast driven by ‘Har Ghar Nal Se Jal’ scheme of Government of India.

• Inspite of significant price erosion in consumer lighting business, we recorded a quarterly revenue growth of 3% and stands at ₹ 385crore in Q1FY25

• Robust volume growth, led by a better product mix in favour of higher margin value products and cost savings from backward integration driven by PLI, has led to a steady improvement in operating profitability

• EBITDA marginsfor Q1FY25 stood at 9.01% as against 8.83% for the same quarter last year

• Professional Lighting grew by 18% – driven by infrastructure as well as industrial projects

• Consumer lighting business witnessed double digit volume growth in mostsub-categories

• The fan business has done exceedingly well in Q1FY25. It recorded a volume growth of 43%. Our margins in this business also witnessed improvement. The hot summer in India & launch of many products in previous quarter enabled us to increase our market penetration in this category

• Appliances segment witnessed volume growth of 15%

EBITDA/Ton for the quarter stood at ₹ 6,065, up by 38%, as compared to ₹ 4,388 the same quarter last year – this is on account of better product-mix

• Value-added products (API, Spiral & Galvanized pipes) constituted about 46% of our total revenue in Q1FY25

• Strong in – hand order book of about ₹ 600 crore as on 30th June 2024 for Oil & Gas sector, Water Sector and Exports business .
• Gained Market Share to ~10% of Oil & Gas Transmission Pipes o Cross Country Land Pipes o City Gas Distribution (CGD)

• Water Transmission provides higher growth opportunities
Project to manufacture GP and CR coils/pipe

• Setting-up expansion project with an outlay of ₹ 75 crore at Hindupur, A.P.

• Purpose: Presently, the company procures the GP coil and CR coil from the suppliers. The company intends to ensure availability of GP coil/ CR coil every time as per the requirement of the market along with the cost lower than the market price to cater South Indian market.