Conference Call with Sona BLW Precision Forgings (Sona Comstar) Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.
Revenue grows 52% YoY to Rs. 586 crore, BEV Revenue grows 143% YoY to 22% of total, EBITDA higher by 24% YoY to Rs. 154 crore, EBITDA Margin at 26.4%; PAT higher by 22% YoY to Rs. 88 crore, PAT Margin at 15.1%, Annualised H1 FY22 RoCE of 34.7% Key Financial Highlights – Q2 FY22: Revenue of Rs. 586 crore with 52% YoY growth; 22% revenue share from BEV; BEV revenue growth of 143% YoY EBITDA of Rs. 154 crore with 24% YoY growth; EBITDA margin of 26.4% PAT of Rs. 88 crore with 22% YoY growth; PAT margin of 15.1% The net order book stands at Rs. 13,600 crore as of September 30th, 2021 H1FY22 YoY revenue, EBITDA and PAT growth of 102%, 90% and 136% respectively Mr. Vivek Vikram Singh, MD & Group CEO, said: “This was our best quarter yet. Revenue growth of 52% y-o-y in the second quarter has been driven by rapid scale up of revenues from BEV, which are higher by 143% y-o-y, and now represent 22% of overall revenues. Our profitability and return ratios remain strong, despite the impact of sharply rising input prices. With 3 new BEV programs awarded during the quarter, our net order book stands at Rs. 13,600 crore of which 58.5% is contributed by EV.” Result PDF