Aeroflex Neu Limited
1,966words
5turns
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Key numbers — 40 extracted
rs,
₹ 2,803 Lakh
₹5,186 Lakh
₹ 148 Lakh
₹ 372 Lakh
₹ 11 Lakh
₹ 73 Lakh
3,960 MT
9,120 MT
1,611 MT
1,923 MT
19%
Risks & concerns — 1 flagged
Despite the decline in growth, our financial position remains robust, and we are committed to maintaining financial discipline and improving our operational efficiency to minimize the impact of raw material price volatility.
— Financial Highlights
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Speaking time
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Opening remarks
About Sah Polymers Limited
Incorporated in 1992, Sah Polymers Limited (SAH) is engaged in the manufacturing of packaging bags that find application in diverse industries including Agro Pesticides, Basic Drugs, Cement, Chemicals, Fertilizers, Food Products, Textile, Ceramic, Steel, among others. SAH’s manufacturing facility is located at Udaipur, Rajasthan with an installed capacity of 3,960 MT per annum. The Company has also started commercial production in a new manufacturing facility with a capacity of 3,960 MT per annum to manufacture new variants of FIBC bags on 25th January 2023. SAH is a Del Credere Associate & Consignment Stockist of Indian Oil Corporation Limited (IOCL) and also operates a Dealer Operated Polymer Warehouse (DOPW) of IOCL for their polymer division. SAH has domestic Presence across 9 states and 1 union territory with long term business relationships; Internationally SAH has supplied its products in 30+ countries covering regions of Africa, Middle East, Europe, USA, Australia and the Carib
Management Comments
Commenting on the performance of the quarter and Half-Year ended 30th September 2023 Mr. Murtaza Ali Moti (Whole-time Director) said:
Financial Highlights
Quarter ended September 30, 2023: Total dispatch quantity has increased from 1,611 MT in Q1FY24 to 1,923 MT in Q2FY24 representing a total growth of 19% Sah Polymers Limited recorded a quarter with revenue from operation of INR 2,754 Lakhs, an increase of 4.3% compared to the same quarter last year on a consolidated basis. EBITDA for the quarter was INR 148 Lakhs. Our Net Profit for the quarter stood at INR 11 Lakhs. Despite the decline in growth, our financial position remains robust, and we are committed to maintaining financial discipline and improving our operational efficiency to minimize the impact of raw material price volatility.
Operational Highlights
During this quarter and half year, we continued to focus on improving our operational efficiency and expanding our product portfolio. Some key operational highlights include: Product Diversification: We are expanding our offerings to cater to a wider customer base. These additions have shown strong early demand and are expected to contribute significantly to our growth in the coming quarters. Geographical Expansion: Our products are now exported to 30+ countries, and we are steadily gaining recognition in domestic as well as international markets. In conclusion, Sah Polymers Limited is in a strong financial position, with solid growth in revenues. We appreciate the trust and confidence our shareholders have placed in us. We are dedicated to delivering long- term value and are excited about the opportunities that lie ahead. We are strategically making our entry into the food and pharmaceutical-grade bulk packaging market. With the right approach and a focus on quality, compliance, and s
Disclaimer
Certain statements in this document may be forward looking statements. such forward-looking statements are subject to certain risks and uncertainties like government actions, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. sat industries limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
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