ELGIEQUIP — earnings call

The transcript as filed. Every paragraph is addressable: its link names the page and the position it sits at in the call.

Prepared remarks

Moderator · Conference Operator

MR. KAMLESH KOTAK – ASIAN MARKETS SECURITIES LIMITED

Good morning, everyone on behalf of Asian Markets, we welcome you all to the Q4 and FY25

Sure.

Thank you, Sir.

Just as a mandatory announcement of participants, you may use your raise and option to be part of the Q&A Que.

Also, participants who are on unclear line may use the Q&A or the chat option for to put your questions forward.

I'll wait for a minute, Sir, before I, you know, take in the first couple of participants who have come in so that the queue can assemble.

So the first question I have is from the line of Harshit.

Harshit you may unmute yourself and go ahead with your question.

HARSHIT PATEL

Hi Sir.

Thank you very much for the opportunity.

The first question is on the US market.

So could you explain how was FY25 for us in terms of profitability?

Were, we able to break even in this market and given your 10% tariff as a base case, how will our profitability look like for FY26?

Moderator · Conference Operator

Thank you, Harshit.

Moving on, Sir, we have the next question coming from the line of Ravi.

Ravi, you may unmute yourself and go ahead.

RAVI SWAMINATHAN

Hi Sir.

Very good morning.

Congrats on a good set of numbers.

Moderator · Conference Operator

Thank you, Ravi.

Sir, the next question is from the line of Mr. Khush.

You may unmute and go ahead with your question.

MR. KHUSH

Yeah, I'm audible, Sir.

Thank you for the opportunity.

Moderator · Conference Operator

So the next question we have is from the line of Manish.

Manish, you may please go ahead with your question and unmute the MIC

MANISH

Yeah.

Thank you so much.

I hope you're doing well.

Moderator · Conference Operator

Thank you, Manish.

Next question I have is from the line of Vipul.

Vipul, you may unmute yourself and go ahead.

Vipul.

I think he has some technical issues, Sir, but probably what I'll do is I'll take a couple of questions from the chat window first.

First question was around Siemens, which I think you've already answered.

The second question is, If you could point out the reason of why the why there was a higher growth in revenue and profitability in this quarter.

And the second part of the question is also how the stabilizer product is doing.

Have we received any revenues from it in Q4. Or is it still in early stages.

That is what we have in the chat, Sir.

The next question I'll take is from the line of Samyak Jain.

Samyak, You may unmute yourself and go ahead with your question.

SAMYAK JAIN

Good morning, Sir.

Just one question from my side.

We see that on a consolidated basis the cross margins are written 11 quarter low.

So I understand that some part would be at can be attributed to the one time cost that you had, but if you could throw some light like what was the reason for the lower gross margin, that would be helpful.

Moderator · Conference Operator

Thank you, Sir.

We'll try the line of Vipul again.

Vipul can you unmute yourself and go ahead with your question.

Hi Vipul

Yeah.

So, we'll move ahead of it. one second.

Not being able to see the queue.

Yeah.

Next question.

We'll take it from the line of Prem Doshi.

Prem, can you unmute yourself and go ahead with your question.

Hi, Prem.

Seems to be a problem again.

So what I do is I'll take Ravi again.

Hi, Ravi.

Can you unmute yourself and go ahead with your question?

RAVI SWAMINATHAN

Yeah.

Hi, Sir.

Thanks for taking of this follow up question.

So I am looking at kind of the numbers consol minus standalone and looking at the Subs number and taking it as a proxy for our international business.

Moderator · Conference Operator

Ravi.

Ravi, you're you moved on mute again.

Could you please unmute yourself?

RAVI SWAMINATHAN

Yeah, yeah, yeah.

Now am I audible?

Moderator · Conference Operator

Yeah, yeah, yeah.

You're audible.

I'll take the next question from the chat room.

Prem, whose mic wasn't working.

So he's put up.

So what is the guidance for the consolidated revenue growth.

We are for FY26 both conservatively and aggressively.

This FY we had a revenue growth of around 9% and Is there a better outlook going forward for the same.

So the next follow up question from the chat is, does ELGI have any role to play in Indian defence manufacturing moving forward moving to India.

And other products already there in offering or said to be introduced for the defence manufacturing industry.

Sir, I'll take it from the line of Mayank now.

Mayank, you may unmute yourself and go ahead with your question.

Mayank.

I think so.

Sorry, did it was a follow up question Sir.

I'll take the next question again from the chat window

Sir, How much of the revenue is after sales and will that run rate continue going forward or there is a chance of improvement after sales in maintenance contracts.

Yes, so I'll try Vipul once one last time in case if he's able to do it.

Hi, Vipul can you unmute yourself and go ahead with your question.

I don't think so.

He's able to do that.

So, so that was probably the last question on the line and then the chat window, yeah.

OK, great.

OK.

Thank you very much Sir.

Any closing remarks you would want to make.

Thank you, Sir.

Thank you.

Questions and answers

Q4 2024-25 – INVESTOR MEET CALL