International Conveyors Ltd Q4 FY22 Earnings Concall Insights
#INTLCONV #INTLCONVQ4 #InternationalConveyors #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch #finance #stockmarket #markets
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#INTLCONV #INTLCONVQ4 #InternationalConveyors #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #StockToWatch #finance #stockmarket #markets
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Q&A Insights: Nitin Gandhi of @KifsTrade asked about reason for volatility in EBITDA margin. Udit S Director said it's because of demand supply imbalance due to COVID for last couple of qtrs. The volatility is expected to continue for a while, though a bit of moderation is seen.
Q&A Insights: Nitin Gandhi of @KifsTrade also asked about nature of huge loans extended in 2022. Udit Sethia Director said that these are loans given by INTLCONV under the respective approvals and are given under market ICD rate, which will give market rate return to the company.
Q&A Insights: Deepak Poddar of Sapphire Capital asked about revenue growth outlook for FY23. Prasad Deshpande ED repied that specific numbers cannot be guided, but growth should be quite good.
Q&A Insights: Saket Kapoor with Kapoor Company asked about plant utilization levels for FY21 and FY22 and the outlook for FY23. Prasad Deshpande ED answered that plants are operating at close to 70% efficiency and the company is targeting to make it come to around 85% efficiency.
Q&A Insights: Saket Kapoor of Kapoor Company asked about reason for raw material consumption to total sales going up. Prasad D ED said that last year there was abnormal increase in raw material price. It also took some time for INTLCONV to pass on the increase to the customer.
Q&A Insights: Amit Shah of AT Capital asked about the freight cost for the company’s business. Prasad Deshpande ED clarified that majority of its business is done on a FOB basis where freight is borne by the customer. To some extent, non-FOB cost was passed on to the customers.
Q&A Insights: Ricky Hinduja enquired about capex plans for FY23. Udit Sethia Director answered that the comapny is not foreseeing any capex plan. INTLCONV wants to consistently achieve capacity for now.
To read further on the detailed analysis of #INTLCONV #Q4 concall Q&A …
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