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Sandhar Technologies hosted a conference call on Nov 10, 2023. 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

Revenue growth during the quarter was driven by robust demand by customers, increased content share per vehicle and new projects going into mass production.

In H2 FY24, management expects company to continue to grow, supported by new capex turning into production and favourable shift in the business environment.

In H1 FY24, Locking Systems contributed 18.7% to total revenue, Vision Systems 6.2%, Cabins & Fabrication 13.9%, Sheet Metal 13.2%, ADC – Overseas 15.1%, ADC – Domestic 11%, Assemblies 7.7% and Others 14.2%.

In Q2 FY24, Locking Systems contributed 19.3% to total revenue, Vision Systems 6.2%, Cabins & Fabrication 13.3%, Sheet Metal 12.6%, ADC – Overseas 14.1%, ADC – Domestic 11....

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  (10-Feb-2023)

  Deepak Nitrite

  Plans capex of about Rs 1500 crore for FY23 and FY24

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  (09-Feb-2023)

  Mayur Uniquoters

  Targets revenue of Rs 1000 crore in FY24

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  (31-Jan-2023)

  Tega industries

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

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  (15-Dec-2021)

  ITC

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