Q1 2025 Precision Camshafts Ltd Earnings Call Transcript
Key Points
- Precision Camshafts Ltd (BOM:539636) reported a noticeable growth in net profit, reaching INR 18 crores, up from INR 15 crores in the previous quarter.
- The company's subsidiary, MEMCO, showed significant improvement with a total income of INR 12.8 crores and a net profit of INR 55 lakhs.
- EMOSS, the e-mobility subsidiary, saw an increase in revenue to INR 46 crores from INR 31 crores in the previous quarter.
- The company has started commercial deployment of electric LCVs in the Indian market, with confirmed orders from large pan-India customers.
- Precision Camshafts Ltd (BOM:539636) achieved an EBITDA margin of 18.8% and a PAT margin of 10.5% for the quarter.
- The e-mobility subsidiary, EMOSS, continues to face challenges due to geopolitical instability and a recessionary environment in Europe.
- The company did not provide specific forward-looking numbers for the growth rate of the domestic camshafts business.
- There are ongoing challenges in the regulatory and logistical processes for retrofitting vehicles, which vary by state and city.
- The company has significant cash reserves but did not provide clear plans for capital return activities such as buybacks or increased dividends.
- The EBITDA figures for subsidiaries MFT and EMOSS were not clearly mentioned in the investor presentation, causing some confusion among analysts.
Ladies and gentlemen, greetings, and welcome to the Precision Camshafts Limited Q1 FY 2025 Conference Call. (Operator Instructions) As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Mr. Karan Shah, Whole-Time Director, Business Development. Please go ahead, sir.
Thank you. Good afternoon, ladies and gentlemen. I'd like to thank you all for being a part of this Precision Camshafts Q1 FY24-'25 Earnings Conference Call. In case of any detailed questions regarding finance, please e-mail your questions to [email protected] and we'll provide you answers in a reasonable time. We have submitted our investors presentation for Q1 of FY25 to the stock exchanges on the 17th of August, and the same is available on our website.
Investors are requested to refer to the same.
I'm pleased to announce that Precision Camshafts Limited has achieved noticeable growth in the bottom line in the previous quarter. Our net profit reached INR 18
| 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
