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Earnings Call Transcript

Sugs Lloyd Earnings Call Transcript: Key Takeaways

Sugs Lloyd delivered record Q1 results with 32% revenue growth, though aggressive FY27 targets and rising debt levels for project mobilization signal execution-heavy risks ahead.

Why this was an Alfa AlertManagement guides 100% Revenue growth for FY27 (explicit single-year guidance).
Guidance and delivery
Management target Revenue 100.0% FY27
Highlights
Revenue growth32% YoY growth to 78.4Cr; some revenue slipped into Q2.
MarginsMargins expanded to 15.3%; high-margin products offsetting EPC growth.
Order bookRobust 807Cr order book, approximately 2.7x FY26 revenue.
Demand visibilityStrong visibility from Smart Grid and RDSS government initiatives.
Management confidenceExtremely bullish, maintaining ambitious long-term targets despite rising debt.

Growth

Revenue grew 32% YoY to 78.4Cr, with EBITDA margins improving 32 bps to 15.3%.

Outlook

Management reiterated a 1,000Cr revenue target for FY28 and 600Cr for FY27.

Risks

Rising debt (91Cr) and high receivables (149Cr) pose working capital stress during Patna project execution.

Last quarter's promises, checked

Delivered

  • Guided FY26 revenue 270Cr → delivered 300Cr (= BEAT)
  • Guided FY26 PAT 16Cr → delivered 28Cr (= BEAT)
  • Targeted FY26 EBITDA margin 14.5% → delivered 14.5% (= BEAT)

Partly delivered

  • Guided FPI revenue 8Cr by July → delivered 78.4Cr total revenue with some slippage (= PARTIAL)
Source

Earnings Call Transcript filed with BSE, BSE: 544501. Summary written with AI assistance from the document.

Read the document ↗

Sugs Lloyd Ltd: key numbers

Share price
₹250.00
Market cap
₹580.4 Cr
Revenue (annual)
₹300.7 Cr
Net profit (annual)
₹28.82 Cr
P/E (TTM)
20.1×Sector 21.7×
Promoter holding
70.73%+0.19% QoQ
FII holding
1.02%Current quarter

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

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