NDR Auto Components Ltd (NSE:NDRAUTO)
₹ 794.25 -9.3 (-1.16%) Market Cap: 18.89 Bil Enterprise Value: 19.28 Bil PE Ratio: 29.11 PB Ratio: 5.28 GF Score: 91/100

Q1 2025 NDR Auto Components Ltd Earnings Call Transcript

Aug 09, 2024 / 08:30AM GMT
Release Date Price: ₹558.08 (-1.39%)

Key Points

Positve
  • Total income for Q1 FY '25 stood at INR172.1 crores, reflecting a growth of 33.49%.
  • EBITDA for the quarter was INR17.49 crores, showing a growth of 36.76%.
  • EBITDA margin improved to 10.16%.
  • PAT for Q1 FY '25 increased by 39.91% compared to the corresponding quarter last year.
  • NDR Auto Components Ltd (BOM:543214) has commenced expanding capacities to cater to growing demand, including acquiring land near Maruti Suzuki and exploring land acquisition near Kia's manufacturing facility.
Negative
  • There are inventory issues in the CV segment, which could impact future performance.
  • No new business has been acquired from Kia in the last quarter, despite plans for land acquisition in Anantapur.
  • The company has not yet received business visibility from Toyota for the sunshade product.
  • EBITDA margins, although improved, are still targeted to stick around the 10% mark, indicating limited immediate upside.
  • Utilization levels and production volumes are expected to remain the same, suggesting no significant increase in output in the near term.
Operator

Ladies and gentlemen, good day, and welcome to the Q1 FY '25 earnings conference call of NDR Auto Components. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Rishab from CDR India. Thank you, and over to you, sir.

Rishab Barar
Citigate Dewe Rogerson - Investor Relations

Good day, everyone, and a warm welcome to all of you participating in the Q1 FY '25 earnings conference call of NDR Auto Components Limited. We have with us today on the call Mr. Pranav Relan, Whole-Time Director; Mr. Mohit Kumar Jain, Chief Financial Officer; and Mr. Rajat Bhandari, Executive Director and Company Secretary, along with other members of the senior management team.

Before we begin, I would like to mention that some statements made in today's discussion may be forward-looking in nature and are subject to risks and uncertainties. A statement in this regard is available in the Q1 FY '25 earnings presentation shared with you earlier. We will start this call with opening remarks from the management,

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