'
Pennar Industries hosted a
conference call on Nov 14, 2024. In the conference call the company was
represented by Aditya Rao, Vice Chairman
& Managing Director; Shrikant Bhakkad, Chief Financial Officer, Manoj, Vice President (Corporate Planning)
and K M Sunil : Vice President (Investor & Media Relations).
Key takeaways of the call
All focused growth verticals are
seeing a double digit growth rate. About 30% of the revenue still comes from
low margin business.
Currently the revenue line is
impacted by exit of low margin business verticals. But the company is expecting double digit
growth in profits of the company for FY25.
Currently EBITDA margin of around
10% for the last two to three quarters and not see that going down. The growth verticals are of higher EBITDA
margin than the current EBITDA margin of the company. The company is expecting a PBT margin o...
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