AIA Engineering Ltd (GREY:AAGGY)
$ 0 0 (0%) Market Cap: - Enterprise Value: 2.38 Bil PE Ratio: 32.64 PB Ratio: 5.33 GF Score: 95/100

Q2 2025 AIA Engineering Ltd Earnings Call Transcript

Oct 30, 2024 / 10:15AM GMT

Key Points

Positve
  • AIA Engineering Ltd (BOM:532683) reported a slight increase in sales from the first quarter, reaching 60,330 tons and generating 1,030 crores in revenue.
  • The company's net cash position remains strong at 3,212 crores, even after a buyback payout.
  • AIA Engineering Ltd (BOM:532683) is planning a CapEx of about 250 crores, which includes investments in renewable power and expansion for grinding media.
  • The company is actively working on new customer acquisitions and remains optimistic about medium to long-term prospects.
  • Despite current challenges, AIA Engineering Ltd (BOM:532683) maintains robust margins and continues to focus on growth opportunities in the mining sector.
Negative
  • The company experienced a decline in sales volume compared to the same quarter last year, with a decrease from 77,000 tons to 60,330 tons.
  • Profit after tax decreased from 323 crores in the second quarter of last year to 256 crores this quarter.
  • AIA Engineering Ltd (BOM:532683) is facing slower sales due to a combination of supply chain issues and reduced offtake from mining customers.
  • The company anticipates a 10% lower revenue volume for the full year compared to last year, primarily due to decreased demand from mining customers.
  • There is uncertainty in the conversion cycle for new customers, causing delays in expected growth and impacting overall sales volumes.
Operator

Ladies and gentlemen, good day. And welcome to the AIA Engineering Limited post results conference call.

This is Sagar. I'll be the moderator for your call today.

We have with us, the management team of AIA Engineering Limited.

At this moment, all the participants are in a listen-only mode later. We will conduct a question and answer session at that time. If you have a question, please press star and one, I would now like to turn the conference over to the AIA Engineering Management Team. Please go ahead, sir.

Kunal Shah
AIA Engineering Ltd - Executive Director-Finance

Yes, thank you so much. First of all, a very warm welcome to all of you on, on the conference call for AIA to review our second quarter numbers.

As usual, I also have Sanjay on the line with us. He's in transit and possibly with us for another 15 minutes.

So please pardon him and us that he may have to drop off early and sincere apologies for preponing this again because of this transit issues. And as we know, a lot of people came back to us

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