'
Craftsman Automation hosted a conference
call on Oct 24, 2024. In the conference call, the company was represented by Mr.
Srinivasan Ravi – Chairman and Managing Director.
Key takeaways of the call
In H1 FY25, the
company incurred extraordinary expenditure for two new plants, which led to
drop in EBITDA levels.
The company is
getting more balanced on the segment-wise diversification. Dependence on
powertrain segment has reduced.
In Q2 FY25,
EBITDA margin of auto powertrain and aluminium products business has gone down.
The company is
focused on increasing the value addition per product. Management aims to clock
significant revenue of Rs 7000 crore in FY26 supported by new customer wins and
acquisitions.
Management
expects improvement in margin from Q3 FY25 in Industrial & engineering
segment.
Contribution f...
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