Q1 2025 Nelcast Ltd Earnings Call Transcript
Key Points
- Nelcast Ltd (BOM:532864) reported a modest revenue increase of 2% year-over-year to INR302.3 crores amidst challenging market conditions.
- The company achieved a 10.5% year-on-year increase in export sales during Q1 FY25.
- Enhanced production efficiencies led to an increase in EBITDA per kilogram, contributing to a healthier EBITDA margin of 7.42%.
- Profit after tax rose to INR8 crores, showing strong growth of 10% year on year and 56% quarter on quarter.
- Nelcast Ltd (BOM:532864) is developing new products tailored for the electric vehicle sector, positioning itself for future market trends.
- There was a persistent softness in the demand for commercial vehicles in both domestic and export markets, attributed to macroeconomic headwinds and political uncertainties.
- EBITDA saw a slight year-over-year decrease to INR22.4 crores.
- The company had to reduce inventory levels, leading to a decrease in production volumes.
- Despite the revenue increase, the market for commercial vehicles remains soft, especially in light of upcoming elections.
- The US and European markets are expected to experience a decline in commercial vehicle demand, impacting future sales.
Ladies and gentlemen, good day and welcome to Nelcast Limited Q1FY25 earnings conference call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference to Mr. Abhishek Bhatt from EY Investor Relations. Thank you, and over to you, Mr. Abhishek.
Thank you. Good evening, everyone. On behalf of Nelcast Limited, I welcome all of you to the Company's Q1 FY25 earnings conference call.
You would have already received the results and investor presentation, which is also available in our filings with the exchange. To discuss the company's business performance during the quarter and outlook, we have with us today Mr. P. Deepak, Managing Director and Chief Executive Officer; and Mr. S. K. Sivakumar, Chief Financial Officer of Nelcast.
Before we proceed with the call, a disclaimer. Please do note that anything said on this call during the course of the interaction and in our collaterals, which reflects the outlook towards the future, or
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
