Q4 2024 Mayur Uniquoters Ltd Earnings Call Transcript
Key Points
- Consolidated revenue increased by 24% in Q4 FY24.
- PBT and PAT increased by 10% and 18%, respectively.
- Company has received new orders for OEM supplies in the export market, expected to boost sales in the coming years.
- Plans to establish warehousing and manufacturing facilities in Mexico to cater to US market demands.
- Initiatives in corporate social responsibility, including education, healthcare, and environmental programs, have been recognized by the state government.
- Footwear industry sales were down due to new BIS regulations and high existing stock levels.
- Margins contracted despite good scale of business and exports, partly due to provisions on materials and employment benefits.
- Challenges in the PU segment due to customs manipulation and high import duties affecting competitiveness.
- Depreciation figures increased year-on-year due to CapEx and additional depreciation on buildings and machinery.
- Uncertainty in achieving projected growth due to potential market fluctuations and external factors.
Ladies and gentlemen, good day, and welcome to Mayur Uniquoters Q4 FY24 earnings conference call hosted by Monarch Networth Capital. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Rahul Dani from Monarch Networth Capital. Thank you, and over to you, sir.
Yeah. Thank you, Yusuf. Good afternoon, everyone. On behalf of Monarch Networth Capital, it's our pleasure to host the senior management of Mayur Uniquoters. We have with us Mr. Suresh Kumar Poddar, Chairman and Managing Director of the company; and Mr. Vinod Sharma, CFO of the company.
I will now hand the call to Mr. Vinod Sharma for opening remarks. Then, we'll move to Q&A. Thank you, and over to you, sir.
Thank you, Rahul. Good afternoon, dear investors and analysts. It's a great pleasure to address you as we reflect on the past year and look forward to the future
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