Any current/future capex/capital investment/strategic investment?

Aztec Fluids & Machinery Limited has recently shifted to a new manufacturing facility with a capacity of assembling 50 to 60 printers per day (Page 29, 13). The new facility is designed to support growth for the next 5 to 7 years and aims to increase capacity utilization from the current 40% to about 80-90% within 4 to 5 years (Page 30). Plans include further expansion by establishing an additional plant when utilization nears capacity limits to avoid bottlenecks (Page 30). The company expects incremental sales of around INR 90 to 100 crores in the current financial year from the new facility

Future growth expectations in sales/revenue/volumes?

The company expects a 30% CAGR growth in sales/revenue over the next 3 years. This growth is supported by increased manufacturing capacity, new machine introductions, and the acquisition of Jet Inks. Capacity utilization is currently around 40%, with plans to reach 80-90% utilization in 4-5 years, potentially adding a new plant thereafter. Incremental sales from the new manufacturing facility are projected to be INR 90–100 crores in the current financial year and INR 120–130 crores next year. Expansion into new industries and geographies, including Africa and Southeast Asia, with effor

Future growth expectations in earnings/operating earnings/profits/EPS?

Company expects a 30% CAGR in top-line revenue over the next 3 years (Page 5, 21, 32). EBITDA margin to grow from around 13% to between 16-17% over the next 3-4 years; 19-20% margin expected to be unlikely (Pages 5, 21, 22). Profit After Tax (PAT) margin is expected to sustain around 9% over the next 3 years (Page 5). PAT growth of 33.67% YoY was recorded for H1 FY25, reflecting strong earnings momentum (Page 5). EPS stood at INR 2.85 for H1 FY25, underscoring strong financial position (Page 5). EBITDA expected to increase proportionally with sales growth (Page 21). Payback period on investmen

Current/ Expected Orderbook/ Pending Orders?

The transcript does not explicitly mention the current or expected order book or pending orders in quantitative terms. Neeraj Sharma mentions capacity utilization at around 40% currently, expecting to reach 80-90% in 4 to 5 years, implying potential to handle increased orders. The company expects to sell 50 to 60 printers per day at the new facility. Sales growth of 30% CAGR over next 3 years is expected based on increased capacity, new products, acquisition of Jet Inks, and market expansion. Faster turnaround time due to new facility and enhanced sales force expansion suggest positive order i

Aztec Fluids & Machinery LtdQ2 FY25IT - Hardware

Aztec Fluids & Machinery Ltd Q2 FY25 Earnings Call Analysis

Revenue, margin, capex, fundraise and order book outlook from management commentary.

Price: ₹99P/E: 18.4Market Cap: ₹135 CrSector: IT - Hardware

Management growth scorecard

Revenue

Category 2

Margin

Category 1

Fundraise

N/A

Order

N/A

Capex

Yes

2 of 3 growth signals are positive.

Full analysis

Revenue guidance

Category 2

The company expects a 30% CAGR growth in sales/revenue over the next 3 years.
This growth is supported by increased manufacturing capacity, new machine introductions, and the acquisition of Jet Inks.
Capacity utilization is currently around 40%, with plans to reach 80-90% utilization in 4-5 years, potentially adding a new plant thereafter.
Incremental sales from the new manufacturing facility are projected to be INR 90–100 crores in the current financial year and INR 120–130 crores next year.
Expansion into new industries and geographies, including Africa and Southeast Asia, with efforts to double export revenues in the next 1-2 years.
Strengthening the sales force and launching new products targeting untapped markets.
Recurring income from consumables and AMC, which form a significant portion of revenue, will support sustainable growth.

Margin guidance

Category 1

Company expects a 30% CAGR in top-line revenue over the next 3 years (Page 5, 21, 32).
EBITDA margin to grow from around 13% to between 16-17% over the next 3-4 years; 19-20% margin expected to be unlikely (Pages 5, 21, 22).
Profit After Tax (PAT) margin is expected to sustain around 9% over the next 3 years (Page 5).
PAT growth of 33.67% YoY was recorded for H1 FY25, reflecting strong earnings momentum (Page 5).
EPS stood at INR 2.85 for H1 FY25, underscoring strong financial position (Page 5).
EBITDA expected to increase proportionally with sales growth (Page 21).
Payback period on investments is expected around 2 to 3 years (Page 20).
Growth drivers include capacity expansion, new product launches, Jet Inks acquisition, and backward integration to expand margins and recurring consumable sales (Pages 5, 7, 20, 32).

See what Aztec Fluids & Machinery Ltd management said on margin guidance — free account, 30 seconds.

Fundraise plans

The provided transcript does not mention any current or future plans for fundraising through debt or equity. Key points related to financial growth and investments include: - The company has invested in a new manufacturing facility to increase capacity and improve margins. - Expecting 30% CAGR growth over the next 3 years driven by capacity expansion, acquisition of Jet Inks, and new product introductions. - Payback period for recent investments is expected to be around 2-3 years. - No explicit reference to raising funds via debt or equity was discussed in the Q&A. Therefore, based on the available information on page 32 and related pages, no mention of ongoing or planned debt or equity fundraising exists.

Order book

The transcript does not explicitly mention the current or expected order book or pending orders in quantitative terms.
Neeraj Sharma mentions capacity utilization at around 40% currently, expecting to reach 80-90% in 4 to 5 years, implying potential to handle increased orders.
The company expects to sell 50 to 60 printers per day at the new facility.
Sales growth of 30% CAGR over next 3 years is expected based on increased capacity, new products, acquisition of Jet Inks, and market expansion.
Faster turnaround time due to new facility and enhanced sales force expansion suggest positive order inflow.
No specific order backlog figures are disclosed in the discussed transcript.

See what Aztec Fluids & Machinery Ltd management said on order book — free account, 30 seconds.

Capex plans

Yes

Aztec Fluids & Machinery Limited has recently shifted to a new manufacturing facility with a capacity of assembling 50 to 60 printers per day (Page 29, 13).
The new facility is designed to support growth for the next 5 to 7 years and aims to increase capacity utilization from the current 40% to about 80-90% within 4 to 5 years (Page 30).
Plans include further expansion by establishing an additional plant when utilization nears capacity limits to avoid bottlenecks (Page 30).
The company expects incremental sales of around INR 90 to 100 crores in the current financial year from the new facility and INR 120 to 130 crores in the next financial year (Page 25).
They anticipate a payback period of around 2 to 3 years on recent investments (Page 20).
Strategic investment includes acquisition of Jet Inks to achieve backward integration, margin expansion, and market penetration synergy benefits (Pages 26, 32).
Target to increase domestic sourcing of printer components from current 30% to 60-70% in 2 to 3 years (Page 29).

Track Aztec Fluids & Machinery Ltd — get its next earnings analysis in your feed

How does Aztec Fluids & Machinery Ltd rank vs peers in IT - Hardware?

Pro feature

ThisAztec Fluids & Machinery Ltd

Rev 2Mar 1

See where Aztec Fluids & Machinery Ltd sits in IT - HardwareSee which companies these are, and every other name in the sector.Open rankings

How does Aztec Fluids & Machinery Ltd rank in IT - Hardware?

Compare Aztec Fluids & Machinery Ltd against every IT - Hardware company (Q2 FY25) on revenue, margins and earnings-call signals.

View IT - Hardware leaderboard →

What Aztec Fluids & Machinery Ltd's management said in earlier quarters

Others in IT - Hardware this season

Moschip Technologies Ltd (Q2 FY27)
Consolidated Revenue for Q2 FY 2027 (Quarter ended 30-Sep-26):** ₹11,908.32 lakhs . Key results statement takeaways from Moschip Technologies Ltd's Q2 FY27 resu
Control Print Ltd (Q2 FY27)
Q2FY27 Income from Operations (Consolidated): ₹1,442.2 mn, up 28.8% YoY from ₹1,119.6 mn in Q2FY26. Key investor presentation takeaways from Control Print Ltd's
Smartlink Holdings Ltd (Q2 FY27)
Year-on-year growth:** Approximately 14.4% increase in revenue (8,037.18 vs 7,026.87 lakhs) . Key results statement takeaways from Smartlink Holdings Ltd's Q2 F
Esconet Technologies Ltd (Q2 FY27)
Q2 FY27 Standalone revenue from operations: ₹165.24 Crore, +170.6% QoQ (Page 2,3) . Key investor presentation takeaways from Esconet Technologies Ltd's Q2 FY27

Compare:vs GNG Electronics Ltd vs Rashi Peripherals Ltd vs Moschip Technologies Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →