'
Sandhar Technologies hosted a conference call on Feb 18,
2025. In the conference call, the company was represented by Mr. Jayant Davar :
Co-Chairman and Managing Director and Mr. Yashpal Jain : CFO.
Key takeaways of the call
India’s FY25 GDP growth forecast has been revised downwards
by RBI. Despite slowing growth, sandhar revenue grew 9% YoY in Q3 FY25.
The company expects growth momentum to continue, subject to
geopolitical conditions. Management guided revenue of about Rs 4500 crore for
FY26.
The company started commercial production of battery
chargers.
All joint ventures (JVs) saw significant growth, with
positive PAT. Together, the JVs reported a revenue of Rs 270 crore.
Europe market remains weak in Q3 FY25.
In
Q3 FY25, 2-Wheelers contributed 60.9% to revenue, Passenger vehicles 15.6%, OHV
15.9%, CV 1.5% and others ...
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