Q1FY25 concall highlights:
concall link: https://www.youtube.com/watch?v=dy8O6_8EBHE
- 80-90% electricity bill from solar
- 1st Aug Blr R&D start: will focus on new age tech like ems, pcb n semi conductor
- Discussing JV with foreign companies (japanese) for technical know how
- 20-25% guidance
- Ebidta margin will increase in future
- avg realization 25L by EOY
- gross margin increased coz of backward compatibility
- Defence machine high value & high margin
- Took land in Coimbatore & Chennai
- Order Book are not one time basis
- 2 days back, 35 new sales people appointed
- in Q3 we will start export, there is oppurtunity in Russia
- Japanese JV partner wont prefer export to Russia
- Aerospace supply to HAL
- coming 6 yrs, capex will increase 20-25% yoy
- political scenario wont impact much in this industry
- we have training center for skill development in manufacturing part, we need 3 months
- JV vision is for tech transfer, worldwide distribution network benefit
- FY25-26 we can add another 500 machine with capex of 10-15 Cr
- Our fixed cost is only 20%, we can reduce cost if there is issue in industry
- Threat is new tech adaptibility
- 5 axis machine launch in Jan Blr exhibition, the realization for this will be in FY26
- Entry level machine importing was not successful as price is 2x than India
- JV is unrelated to the expansion happening
- We are not relying on JV to move forward, BLR R&D is for that, JV will give a boost
Subscribe To Our Free Newsletter |