Q4 2024 Samvardhana Motherson International Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the Q4 FY '24 Results Conference Call of Samvardhana Motherson International Limited. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. V.C. Sehgal. Thank you, and over to you, Mr. Sehgal.
Thank you. Good evening, ladies and gentlemen. Thank you for joining the results conference call for Samvardhana. I'm pleased to announce the Board has approved the results for full financial year 2024. Samvardhana has delivered its best ever performance, in which all key parameters registered a high double-digit growth.
The leverage ratio has been reduced to 1.4x from 1.7x. And debt has been reduced despite huge, large M&A payouts and growth CapEx during this FY. We are trusted by our customers and the automotive booked business is of nearly $84 billion and gives you long-term visibility. We are setting up 18 greenfield plants and 6 new greenfields announced in this quarter, 13
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