Concall Road
“Sadbhav Engineering Limited Q2 & H1 FY13-14
Earnings Conference Call”
November 19, 2013
MANAGEMENT: MR. NITIN PATEL – EXECUTIVE DIRECTOR, SADBHAV
ENGINEERING LIMITED
Hosted by
Inga Capital Private Limited
Page 1 of 22
Moderator:
Ladies and gentlemen, good day and welcome to the Sadbhav Engineering Limited Q2 & H1
FY13-14 Earnings Conference Call hosted by Inga Capital Private Limited. As a reminder, all participants’ lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing ‘*’ then ‘0’ on your touchtone telephone.
Please note that this conference is being recorded.
I now hand the conference over to Mr. Nitin Patel – Executive Director, Sadbhav Engineering
Limited. Thank you. And over to you, Mr. Patel.
Nitin R. Patel:
Good evening, everybody. On behalf of Sadbhav Engineering Limited I warmly welcome all the participants who have taken their valuable time for the Second Quarter and first half of
FY14 Earnings Conference Call. I am sure you must have had an opportunity to see the highlights on Q2 results which were released on the stock exchanges.
To start with, this year, as you all know, monsoon was the longest and was above average of many years due to which it has impacted the execution of projects to some extent in this quarter. However, with all the pre-clearances in place for the projects and a reasonable order book position we expect company to show healthy growth from second half onwards as far as the Construction business is concerned.
Now, let me start with the summary of this quarter’s standalone financials. Revenue for the quarter has increased by 12% to Rs.375.40 crores as against Rs.334.50 crores last year.
EBITDA for the quarter has increased by 24% to Rs.38.8 crores against Rs.31.4 crores last year. Profit after tax for the quarter was
Earnings Conference Call”
November 19, 2013
MANAGEMENT: MR. NITIN PATEL – EXECUTIVE DIRECTOR, SADBHAV
ENGINEERING LIMITED
Hosted by
Inga Capital Private Limited
Page 1 of 22
Moderator:
Ladies and gentlemen, good day and welcome to the Sadbhav Engineering Limited Q2 & H1
FY13-14 Earnings Conference Call hosted by Inga Capital Private Limited. As a reminder, all participants’ lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing ‘*’ then ‘0’ on your touchtone telephone.
Please note that this conference is being recorded.
I now hand the conference over to Mr. Nitin Patel – Executive Director, Sadbhav Engineering
Limited. Thank you. And over to you, Mr. Patel.
Nitin R. Patel:
Good evening, everybody. On behalf of Sadbhav Engineering Limited I warmly welcome all the participants who have taken their valuable time for the Second Quarter and first half of
FY14 Earnings Conference Call. I am sure you must have had an opportunity to see the highlights on Q2 results which were released on the stock exchanges.
To start with, this year, as you all know, monsoon was the longest and was above average of many years due to which it has impacted the execution of projects to some extent in this quarter. However, with all the pre-clearances in place for the projects and a reasonable order book position we expect company to show healthy growth from second half onwards as far as the Construction business is concerned.
Now, let me start with the summary of this quarter’s standalone financials. Revenue for the quarter has increased by 12% to Rs.375.40 crores as against Rs.334.50 crores last year.
EBITDA for the quarter has increased by 24% to Rs.38.8 crores against Rs.31.4 crores last year. Profit after tax for the quarter was