New plant in Oct / Nov 26. Full revenue only from Q4 FY 27. 280-300 Cr revenue potential at 100% capacity unitlization.
But in previous concalls , they have mentioned that the plant will be live by september without any further delay
In the Arihant Bharat Connect conference management clarified that while the plant is ready, they do not want to commence operations in the ongoing lunar period i.e. Pitri Paksh hence should expect an announcement soon after October 10.
2 Likes
- Revenue Growth: Increased by 31% YoY to ₹712 crore
- Operating Profit: Grew by 29% to ₹74.3 crore, with a steady operating margin of 10.44%
- Profit After Tax: Increased by 24% to ₹47.1 crore
- Order Book: Stands at approximately ₹829 crore
Strategic Developments:
- New Manufacturing Facility: A significant milestone was the installation of plant and machinery at their new facility. It is expected to contribute to production starting in the second half of the year, with a revenue potential of approximately ₹240-250 crore at optimal utilization
- Market Dynamics: The management noted strong demand in the power infrastructure sector, while export markets are currently facing headwinds due to logistics and geopolitical factors.
- Operational Focus: The company maintains a philosophy of keeping finance costs sub-15% of EBITDA and continues to manage commodity price volatility through contract price variation clauses
margin dropped from 10.9% in last quarter to 10% this quarter which is 4.3% compression on QOQ basis. US export orderbook also impacted due to high shipping cost . Overall orderbook is still under pressure due to high commodity price. Though company achieved a 30% topline growth in half yearly basis don’t think margin will improve this year