Toh sabse pehla sawaal, revenue itna badhne ke baad bhi profit itna gira kaise? Iske peeche teen bade reasons hain.
Ek toh bhai, material costs kafi badh gayin, matlab cheezein banane ka funda mehnga ho gaya. Doosra, forex mein nuksaan hua, matlab currency ke rate upar-neeche hone se company ko loss hua. Aur teesra, naye Labour Codes lagoo karne ki wajah se ₹74 crore ka ek exceptional charge bhi laga. Ye sab numbers milakar final profit ko neeche le aaye.
Agar sirf standalone numbers dekhein, toh revenue toh 15.3% badha tha, par standalone PAT bhi gira. Iska matlab, jo revenue growth hui hai na, woh actual profit mein convert nahi ho paayi. Margins par kaafi pressure dikh raha hai.
Par company kehti hai ki chinta mat karo! Order book ekdum zabardast hai, book-to-bill ratio 1.26x chal raha hai, matlab future ke liye orders ki line lagi hai. Aur India-EU Free Trade Agreement, US trade deal, aur govt ka infra par focus aage chal kar bahut madad karega.
Haan, lekin future ke liye thoda caution bhi dikha rahe hain. Ek bada capex project jisme ₹186 crore lagne wale the, woh abhi postpone kar diya hai. Aur company apna Low Voltage Motors business bhi bech rahi hai. Toh strategy mein bhi shifts aa rahe hain.
Abhi ke liye risk kya hai? Material costs aur currency ke fluctuations sabse bade panga de sakte hain. Global uncertainties bhi ek factor hain.
Overall outlook cautiously optimistic hai. Investors ko dhyaan dena hoga ki company kaise yeh cost pressures ko manage karti hai aur apne orders ko sahi mein profit mein badalti hai. Trade deals ka fayda uthana aur business sale ko successful banana bhi important hoga.