2 weeks Ago By GuruFocus.com
Release Date: February 07, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Negative Points Q & A Highlights Q : Can you provide insights on the sustainability of the current margins, which have expanded over the past few years? A : The current margins are based on legacy orders. The sustainable margin for this industry is expected to be around 12-15% at the PBT level.
(Respondent: Chairman and Managing Director) Q : What is the status of the P75I order, and when can we expect the negotiations to conclude? A : The price bids have been opened, and discussions are expected to start soon. We are hopeful that the order will be finalized by the next financial year. (Respondent: Chairman and Managing Director) Q : Can you elaborate on the increase in other expenses for the quarter, including provisions and project-related expenses? A : Provisions have been made for inventories where the warranty period is complete, and for potential liquidated damages related to the ONGC project.
These provisions may be reversed if conditions change. (Respondent: Chairman and Managing Director) Q : Are there any large orders in the pipeline for the next 1-2 years? A : We are hopeful for additional submarine orders and are confident they can be finalized before March 31st. (Respondent: Chairman and Managing Director).
