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Earnings Call Transcript

NDR Auto Components Earnings Call Transcript: Key Takeaways

NDR Auto reports strong Q1 FY27 with revenue of INR 221.45 Cr and 11.88% EBITDA margins. Management is focusing on product diversification into sunshades and ambient lighting alongside seat frames.

Guidance and delivery
Management target Revenue 2030
Highlights
MarginsEBITDA margins expected to remain steady at 11-12%.
Order bookINR 650 Cr incremental order book through 2030.
Demand visibilityStrong order book of INR 650 Cr providing long-term visibility.
Management confidenceHigh regarding sustainable margins and order book execution.

Growth

Revenue hit INR 221.45 Cr; PAT at INR 16.40 Cr. Bharat Seats JV revenue grew 35% YoY.

Outlook

Targeting INR 2,000 Cr organic and INR 1,000 Cr inorganic revenue by 2030. Annual capex INR 40-50 Cr.

Risks

Losses in NDR Hayashi JV expected to continue for several quarters until reaching break-even sales volume.

Last quarter's promises, checked

Delivered

  • Guided 11.50% sustainable EBITDA margin → delivered 11.88% (= BEAT)
  • Guided INR 40-50Cr annual capex → delivered INR 40-50Cr range (= BEAT)
  • Guided INR 650Cr order book visibility → delivered INR 650Cr incremental book (= BEAT)

Partly delivered

  • Guided revenue growth momentum from eVitara/new projects → delivered INR 221.45Cr (Q1) (= PARTIAL)

Missed

  • Guided Hayashi JV production start in June → delivered losses/continued ramp-up (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: NDRAUTO. Summary written with AI assistance from the document.

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NDR Auto Components Ltd: key numbers

Share price
₹746.60
Market cap
₹1,776 Cr
Revenue (annual)
₹822.5 Cr
Net profit (annual)
₹61.94 Cr
P/E (TTM)
27.4×Sector 33.6×
Promoter holding
73.13%+0.00% QoQ
FII holding
0.08%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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