Concall Highlights Q4FY24
- 334 Cr capex completed in FY24, added 34 cranes and 44 other equipment.
- Sold 32 cranes in FY24 and generated profit of 18 Cr.
- 31st Mar 25, fleet of 336 cranes ( 2490 Cr)
- 18th Apr 25, Order Book 426 Cr ( Cranes + EPC )
- Yield to be remain between 2-2.2% in FY25.
- 250-300 Cr capex for FY25 - should be done by Dec 24
- EPC revenue significant contribution for FY25 ( 200-250 Cr) , 10x of current
- Ebidta to go down by 2% for crane business.
- 82-85% capacity utilization.
- No forward guidance for sales.
- Order Book 300 Cr → 620 Cr ; 426 Cr → extrapolate
- Asset gets freed in 4 yrs, sell the asset in 40-50%.
- Capex will be funded 70% debt, 30% internals.
- Would like to keep cash on hand.