AIA Engineering Limited
1,561words
3turns
0analyst exchanges
0executives
Key numbers — 17 extracted
rs,
24.81%
28.57%
22.33%
23.99%
24.20%
24.59%
rs
1
rs
1,503
rs
1,447
rs
22,188
INR 300
Guidance — 4 items
Corporate Office
opening
“Company has made very focussed efforts in sharpening its offerings to mining customers, especially in Gold and Copper and hope to continue the journey of converting forged grinding media to high chrome.”
Corporate Office
opening
“b) As the economy settles and adjusts to the New Normal, we expect mining and cement industries to pick up the activity and in turn drive requirements for our products.”
Corporate Office
opening
“2022-2023, Company estimates capex of INR 300 Cr which includes Mill Lining Project, Grinding Media Expansion Project and Hybrid Power Project Wind and Solar Power in addition to general capex.”
Mining Liner Projects
opening
“Company Post this expansion, total installed capacity will be 4,40,000 TPA.”
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Speaking time
1
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Opening remarks
Corporate Office
Bodakdev, Ahmedabad 380 054. Gujarat, INDIA. Ph.: +91-79-66047800 Fax: +91-79-66047848 An 150 9001 Certified Company 11-12, Sigma Corporates, Bth. HOF Showroom, Off S. G. Highway, Sindhu Bhavan Road, Registered Office: 115, G.V.M.M. Estate, Odhav Road, Odhav, Ahmedabad - 382410. Gujarat, INDIA. Ph.: +91-79-22901078 Fax: +91-79-229010771 www.aiaengineering.com, E-mail: ric@aiaengineering.com AIA ENGINEERING LIMITED PRESENTATION TO INVESTORS EARNINGS : Q1 FY 2022-23 1 Disclaimer/Safe Harbor Cautionary statement regarding forward-looking statements This presentation may contain certain forward-looking statements relating to AIA Engineering Ltd. (“AIA”, or “Company” or “AIAE”) and its future business, development and economic performance. These statements include descriptions regarding the intent, belief or current expectations of the Company, its subsidiaries and associates and their respective directors and officers with respect to the results of operations and financial condition of the
Mining Liner Projects
The company has nearly completed setting up a manufacturing plant of Mill Liners with a capacity of 50,000 Mt and it is expected to be commissioned is awaiting statutory clearances to commission the plant and expects to receive the same in Q2 FY 2022-23. in Q2 FY 2022-23. Company Post this expansion, total installed capacity will be 4,40,000 TPA.
Kerala GIDC Projects
The company has decided to go ahead with its brownfield capacity expansion of grinding media. It plans to add 80,000 Mt of capacity at an estimated capex of Rs. 200 Crores and commissioning by end of F.Y.2024. Capex incurred till Q1 FY 2023 : Rs. 41 Crores 8 7. Key Highlights/Developments A. Order book as at 1st July 2022: Rs. 700 Crores. B. Outstanding foreign currency forward contracts (sales contract, as on date i.e. 08/08/2022): US$ 18.40 MIO, AUD 11.85 MIO. 9
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