Any current/future new fundraising through debt or equity?

The company mentioned having done a recent fundraise which helped in reducing interest expenses. Interest expense reduced from INR90 crores to an expected INR60-65 crores due to debt repayment. There is no explicit mention of any ongoing or planned new fundraising through debt or equity for the future in the given transcript. The focus appears to be on executing the existing order book and expanding capacity rather than raising new funds currently.

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

Capacity expansion is ongoing, with a foundry expansion almost complete. Current machine production capacity is 4,400 machines per annum; expected to increase to 6,000 machines by end of Q2 FY25. New assembly building has started production; additional facilities under construction. Investing in a Center of Excellence focused on people development to support growth. Strong focus on R&D with over 140 employees designing new products; three new product baskets developed in the last year including 5-axis machines for aerospace, defence, EMS, and healthcare sectors. Market expansion activities inc

Future growth expectations in sales/revenue/volumes?

Jyoti CNC expects order inflows of INR 2,500 to 3,000 crores in FY'25. Aerospace and defence sector alone is expected to contribute around INR 1,500 crores in new orders for FY'25. EMS sector anticipated to contribute approximately INR 500 crores in new orders. Revenue execution from existing order book (INR 3,400 crores) is expected over 1.5 years. Aerospace and defence revenue execution for FY'25 expected around INR 1,000 crores. Total market for Indian machine tool consumption projected to grow 20-25% CAGR with opportunities to gain increasing market share. Capacity expansion underway to in

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

FY24 marked a complete turnaround with PAT rising to INR151 crores from losses last year. EBITDA margins improved significantly to around 22.5% in FY24 and expected to sustain between 25-27%. Order book of INR3,400 crores to be executed over 1.5 years, supporting revenue growth. FY25 expected order inflows between INR2,500 to INR3,000 crores, largely from aerospace, defence, and EMS sectors. Defence and aerospace execution expected around INR1,000 crores in FY25. Margin improvement anticipated with increasing order execution and better operational efficiency. Inventory days target reduction fr

Current/ Expected Orderbook/ Pending Orders?

Closing order book as of FY24 end: Approximately INR 3,438 crores. Aerospace and Defence portion: Around 50%-51%, approximately INR 1,761 crores. EMS order book: Around INR 253 crores. Order execution timeline: Current order book expected to be executed within 1.5 years. New Order Inflow Expectations for FY25: - Aerospace and Defence: INR 1,500 crores to INR 2,000 crores. - EMS: INR 500 crores (confirmed return orders approximately INR 550 crores expected shortly). - Other segments: INR 500 to INR 700 crores. - Total expected order inflow: INR 2,500 crores to INR 3,000 crores. Total ma

IN US

Sale is live|00:00:00left today

Jyoti CNC Automation LtdQ1 FY24Industrial Manufacturing

Jyoti CNC Automation Ltd Q1 FY24 Earnings Call Analysis

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

Price: ₹781P/E: 48.1Market Cap: ₹17.1K CrSector: Industrial Manufacturing

Management growth scorecard

Revenue

Category 2

Margin

Category 1

Fundraise

N/A

Order

Yes

Capex

Yes

3 of 4 growth signals are positive.

Full analysis

Revenue guidance

Category 2

→Jyoti CNC expects order inflows of INR 2,500 to 3,000 crores in FY'25.
→Aerospace and defence sector alone is expected to contribute around INR 1,500 crores in new orders for FY'25.
→EMS sector anticipated to contribute approximately INR 500 crores in new orders.
→Revenue execution from existing order book (INR 3,400 crores) is expected over 1.5 years.
→Aerospace and defence revenue execution for FY'25 expected around INR 1,000 crores.
→Total market for Indian machine tool consumption projected to grow 20-25% CAGR with opportunities to gain increasing market share.
→Capacity expansion underway to increase production from 4,400 to 6,000 machines by Q2 FY'25.
→Volume-wise, approximately 3,450 machines produced in FY24 with potential for full utilization of expanded capacity.
→EBITDA margin expected to stabilize at around 25-27% with volume ramp-up and better execution.

Margin guidance

Category 1

→FY24 marked a complete turnaround with PAT rising to INR151 crores from losses last year.
→EBITDA margins improved significantly to around 22.5% in FY24 and expected to sustain between 25-27%.
→Order book of INR3,400 crores to be executed over 1.5 years, supporting revenue growth.
→FY25 expected order inflows between INR2,500 to INR3,000 crores, largely from aerospace, defence, and EMS sectors.
→Defence and aerospace execution expected around INR1,000 crores in FY25.
→Margin improvement anticipated with increasing order execution and better operational efficiency.
→Inventory days target reduction from ~236 to 160-170 days by FY25 should improve working capital and profitability.
→Interest expenses expected to decline by INR25-30 crores post fundraise, boosting net profits.
→Strong growth drivers: Aerospace & Defence, EMS, expanding exports, and new product launches.
→Overall, steady growth in earnings and operating profits expected over next 1-2 years.

3 more insights locked — sign up free to unlock

Fundraise plans

→The company mentioned having done a recent fundraise which helped in reducing interest expenses.
→Interest expense reduced from INR90 crores to an expected INR60-65 crores due to debt repayment.
→There is no explicit mention of any ongoing or planned new fundraising through debt or equity for the future in the given transcript.
→The focus appears to be on executing the existing order book and expanding capacity rather than raising new funds currently.

Order book

Yes

→Closing order book as of FY24 end: Approximately INR 3,438 crores.
→Aerospace and Defence portion: Around 50%-51%, approximately INR 1,761 crores.
→EMS order book: Around INR 253 crores.
→Order execution timeline: Current order book expected to be executed within 1.5 years.
→New Order Inflow Expectations for FY25:
→ - Aerospace and Defence: INR 1,500 crores to INR 2,000 crores.
→ - EMS: INR 500 crores (confirmed return orders approximately INR 550 crores expected shortly).
→ - Other segments: INR 500 to INR 700 crores.
→ - Total expected order inflow: INR 2,500 crores to INR 3,000 crores.
→Total machines delivered: Approximately 3,495 machines till Q4 FY24.
→Order backlog includes a mix of domestic and international orders, with 50% manufacturing in India and 50% in France (Huron’s facility).

Capex plans

Yes

→Capacity expansion is ongoing, with a foundry expansion almost complete.
→Current machine production capacity is 4,400 machines per annum; expected to increase to 6,000 machines by end of Q2 FY25.
→New assembly building has started production; additional facilities under construction.
→Investing in a Center of Excellence focused on people development to support growth.
→Strong focus on R&D with over 140 employees designing new products; three new product baskets developed in the last year including 5-axis machines for aerospace, defence, EMS, and healthcare sectors.
→Market expansion activities include participation in US exhibitions and strengthening presence in Germany, France, Italy, China, and the US.
→Strategic emphasis on entering semiconductor industry with development of high precision stages underway.

How does Jyoti CNC Automation Ltd rank vs peers in Industrial Manufacturing?

Pro feature

1Jyoti CNC Automation Ltd

Rev 2Mar 1

See full Industrial Manufacturing sector rankings

Want more stocks like Jyoti CNC Automation Ltd?

Build an AI portfolio filtered by sector, market cap, and growth rank. Takes 2 minutes.

Build my portfolio