Any current/future new fundraising through debt or equity?

There is no explicit mention of any current or future fundraising plans through debt or equity in the provided transcript. Interest expenses have reduced due to optimization and loan reduction by generating good cash internally, indicating no immediate need for additional debt. Capex of ₹23 Crores has been incurred for the new Kolkata plant, which is progressing as per plan, but no fundraising related to this is mentioned. The company is focusing on profitable growth, cash generation, and efficient receivables collection, suggesting reliance on internal accruals for funding needs. No announcem

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

The company is progressing on the new Kolkata plant, with capex of ₹23 Crores spent in H1 FY2024. The Kolkata facility is on track and expected to go live sometime next year. There is a mention of significant government infrastructure investments related to power, green hydrogen (₹7,000 Crores planned), battery plants (₹40,000 Crores invested), and semiconductor sector (₹60,000 Crores over next 4 years) where the company sees opportunities. The company continues to invest strategically in services, digitalization, and software transformation to capture emerging market segments. They are focuse

Future growth expectations in sales/revenue/volumes?

Order book has grown 24% YoY to Rs. 1215 Crores, indicating strong future sales pipeline. Q2 sales were Rs. 495.81 Crores, 17.8% higher than last year, showing good traction. Expects to maintain gross margins around 36%, supporting profitability. Export revenues increased to Rs. 31 Crores this quarter from Rs. 28 Crores in Q1, with no major supply chain disruptions. Capacity utilization is at an optimal level, with some lines slightly above or below but overall stable. Growing focus on digital revenues and services, with a 50-70% year-on-year order growth in services. New plant in Kolkata prog

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

The company aims to maintain similar gross margins and exercise good expense control to sustain profitability (Page 14). Profit after tax for H1 FY2024 improved to 7.8%, up 3.3 points YoY, indicating a positive growth trajectory (Page 8). Orders show strong momentum with a 24% YoY increase in order backlog (Rs. 1,215 Crores vs. Rs. 978 Crores last year) and 40% H1 order growth, supporting future revenue growth (Pages 14, 7). Revenue growth driven by power, grid, mobility, and electro-sensitive segments, with 17.8% sales growth in Q2 and 25.1% in H1 YoY (Page 7). The company is optimistic about

Current/ Expected Orderbook/ Pending Orders?

Outstanding order book is approximately ₹1,215 Crores as of Q2 FY2024. This represents a 24% year-on-year growth from ₹978 Crores in the same period last year. Order book breakup: - Systems: 66% - Transactional: 17% - Services: 17% Orders for Q2 alone were ₹492 Crores, a 64.7% increase over the same period last year. For H1 FY2024, orders stood at ₹938.77 Crores, 40% higher year-on-year. The company is well-loaded with orders to execute for the remainder of the year. Orders exclude sales to group companies, which constitute roughly 20% of revenue.

IN US

Sale is live|00:00:00left today

Schneider Electric Infrastructure LtdQ3 FY23Electrical Equipment

Schneider Electric Infrastructure Ltd Q3 FY23 Earnings Call Analysis

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

Price: ₹1,335P/E: 113.6Market Cap: ₹29.7K CrSector: Electrical Equipment

Management growth scorecard

Revenue

Category 2

Margin

Category 3

Fundraise

N/A

Order

Yes

Capex

Yes

2 of 4 growth signals are positive.

Full analysis

Revenue guidance

Category 2

→Order book has grown 24% YoY to Rs. 1215 Crores, indicating strong future sales pipeline.
→Q2 sales were Rs. 495.81 Crores, 17.8% higher than last year, showing good traction.
→Expects to maintain gross margins around 36%, supporting profitability.
→Export revenues increased to Rs. 31 Crores this quarter from Rs. 28 Crores in Q1, with no major supply chain disruptions.
→Capacity utilization is at an optimal level, with some lines slightly above or below but overall stable.
→Growing focus on digital revenues and services, with a 50-70% year-on-year order growth in services.
→New plant in Kolkata progressing on schedule, expected to be operational next year to support capacity expansion.
→Company bullish on sectors like power & grid, mobility, steel, food & beverage, and infrastructure, driven by government initiatives and Make in India scheme.

Margin guidance

Category 3

→The company aims to maintain similar gross margins and exercise good expense control to sustain profitability (Page 14).
→Profit after tax for H1 FY2024 improved to 7.8%, up 3.3 points YoY, indicating a positive growth trajectory (Page 8).
→Orders show strong momentum with a 24% YoY increase in order backlog (Rs. 1,215 Crores vs. Rs. 978 Crores last year) and 40% H1 order growth, supporting future revenue growth (Pages 14, 7).
→Revenue growth driven by power, grid, mobility, and electro-sensitive segments, with 17.8% sales growth in Q2 and 25.1% in H1 YoY (Page 7).
→The company is optimistic about revenue growth through increased orders, improved mix, and stabilized material costs (Page 7).
→Software and services business is targeted for scaling up progressively, contributing to future profitability (Page 11).
→Capex initiatives like the new Kolkata plant are underway to support business expansion (Page 10).

3 more insights locked — sign up free to unlock

Fundraise plans

→There is no explicit mention of any current or future fundraising plans through debt or equity in the provided transcript.
→Interest expenses have reduced due to optimization and loan reduction by generating good cash internally, indicating no immediate need for additional debt.
→Capex of ₹23 Crores has been incurred for the new Kolkata plant, which is progressing as per plan, but no fundraising related to this is mentioned.
→The company is focusing on profitable growth, cash generation, and efficient receivables collection, suggesting reliance on internal accruals for funding needs.
→No announcements or discussions about raising capital through equity or fresh debt have been made during this call.

Order book

Yes

→Outstanding order book is approximately ₹1,215 Crores as of Q2 FY2024.
→This represents a 24% year-on-year growth from ₹978 Crores in the same period last year.
→Order book breakup:
→ - Systems: 66%
→ - Transactional: 17%
→ - Services: 17%
→Orders for Q2 alone were ₹492 Crores, a 64.7% increase over the same period last year.
→For H1 FY2024, orders stood at ₹938.77 Crores, 40% higher year-on-year.
→The company is well-loaded with orders to execute for the remainder of the year.
→Orders exclude sales to group companies, which constitute roughly 20% of revenue.

Capex plans

Yes

→The company is progressing on the new Kolkata plant, with capex of ₹23 Crores spent in H1 FY2024.
→The Kolkata facility is on track and expected to go live sometime next year.
→There is a mention of significant government infrastructure investments related to power, green hydrogen (₹7,000 Crores planned), battery plants (₹40,000 Crores invested), and semiconductor sector (₹60,000 Crores over next 4 years) where the company sees opportunities.
→The company continues to invest strategically in services, digitalization, and software transformation to capture emerging market segments.
→They are focused on leveraging government schemes like RDSS and other infrastructure investments to drive growth.
→These highlights indicate ongoing and planned investments both internally (like Kolkata plant) and opportunistically in sectors backed by government infrastructure spends.

How does Schneider Electric Infrastructure Ltd rank vs peers in Electrical Equipment?

Pro feature

1Schneider Electric Infrastructure Ltd

Rev 2Mar 3

See full Electrical Equipment sector rankings

Want more stocks like Schneider Electric Infrastructure Ltd?

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

Build my portfolio