'
Sandhar Technologies hosted a conference call on Feb 9, 2024.
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.
Going forward, management expects company to continue to
grow, supported by new capex turning into production and favourable shift in
the business environment.
Company expect Q4 FY24 quarter to be strongest driven by robust
order bookings.
Company aims to focus on increasing operational efficiency,
improving margins and return on capital.
Management
stated that Romania project is underutilized at 15% capacity. Company expects
production to ramp up in Romania plant.
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