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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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  (10-Feb-2023)

  Deepak Nitrite

  Plans capex of about Rs 1500 crore for FY23 and FY24

• 

  (09-Feb-2023)

  Mayur Uniquoters

  Targets revenue of Rs 1000 crore in FY24

• 

  (31-Jan-2023)

  Tega industries

  Capex plan is US$ 30-32 million for next three years

• 

  (15-Dec-2021)

  ITC

  Company plans capex of Rs 10,000 crore over the next three years to create growth vectors