Esteemed Lt. Gen. R S ReenDirector General, DGQA, New Delhi visited OFAJ on 09/05/2024 & was overwhelmed by its vast manufacturing facilities for enormous kind of military hardware, high quality defence supplies & modernised machines
Both BDL & Adani making ulpgm, v5 is in the works, have matured quite fast due to size maybe?
still hard to believe they put tvc and ir seeker in it, a tiny 1-2kg warhead munition
still hard to believe they put tvc and ir seeker in it, a tiny 1-2kg warhead munition
Don't usually share the transcript doc in public, but here is the Zen Technologies last week call. Quite decent.
this part re detecting stealth drones question
this part re detecting stealth drones question
What many of us are eagerly waiting for , I guess
As already known, here is Babaji himself speaking about it
In an exclusive interview with The Times of India, Mr. Baba Kalyani, the Chaiman & Managing Director of Bharat Forge Ltd. mentioned about the defense technologies at Bharat Forge & how India is rising as the beacon of self-reliance in defence manufacturing.
Read this to know more
In an exclusive interview with The Times of India, Mr. Baba Kalyani, the Chaiman & Managing Director of Bharat Forge Ltd. mentioned about the defense technologies at Bharat Forge & how India is rising as the beacon of self-reliance in defence manufacturing.
Read this to know more
Any clue on what stealth drone was this tested on? We don't have any in service afaik
India's defence capabilities boosted under Modi government, relying on imports only for immediate needs: NITI Aayog member VK Saraswat
economictimes.indiatimes.com
India's defence capabilities boosted under Modi government, relying on imports only for immediate needs: NITI Aayog member VK Saraswat
India has significantly enhanced its defense capabilities over the past decade, with a focus on indigenous manufacturing and reducing reliance on arms imports. VK Saraswat, a member of NITI Aayog and former chief of the DRDO, highlighted that 60% of India's arms and ammunition are now...
Solar Industries is expecting big orders in the coming quarters , again.
## Solar Industries India Limited (SIIL) - Q4 FY24 Earnings Call Highlights
**Financial Performance:**
- **Record Profits:** Quarterly and yearly profits hit an all-time high at Rs.243 crore and Rs.875 crore respectively
- **Revenue:** Quarterly turnover at Rs.1611 crore and yearly turnover at Rs.6070 crore
- **Expanded Margins:** Increased margins attributed to strong domestic performance and higher defense sales.
- **EBITDA:** Quarterly Rs.371 crore, yearly Rs.1414 crore, with margins at 23.06% and 23.29% respectively.
- **PAT:** Quarterly Rs.243 crore, yearly Rs.875 crore, with margins at 15.07% and 14.42% respectively.
- **Dividend:** Proposed dividend of Rs.8.5/share for the current year.
**Operational Performance:**
- **Domestic Explosives Volume Growth:**
Significant 24% quarterly and 20% yearly volume growth.
- **Defense Revenue Milestone:**
Annual defense revenue crossed Rs.500 crore for the first time.
- **International Business:** Experienced a 12% revenue drop due to currency fluctuations and hyperinflation, but sees a positive outlook for the future.
**Future Outlook:**
- **Overall Revenue Growth Target:** Aiming for 30% topline growth in FY25.
- **Domestic Volume Growth:** Expecting 15% volume growth in domestic explosives business.
- **International Business Growth:** Anticipating significant improvement in international business performance.
- **Defense Business Growth:**
Expecting threefold growth in defense revenue in FY25, reaching around 20% of total revenue.
- **Planned Capex:** Rs.800 crore planned for FY25, allocated to defense and explosives businesses.
- **Margin Improvement:** Expecting further improvement in EBITDA margins.
**Concerns:**
- **Currency Fluctuations & Hyperinflation:** Losses of Rs.900 crore in revenue and Rs.150 crore in EBITDA due to currency and hyperinflationary challenges.
- **Supply Chain Issues & Global Uncertainty:** Acknowledging potential impact from supply chain disruptions, geopolitical situations, and sector slowdowns.
**Other Key Points:**
- **Strong Order Book:** Record high defense order book at Rs.2600 crore, with expectations of significant future orders.
- **New Market Entries:** Expanding into the Rajasthan market and Saudi Arabia.
- **Focus on R&D:** Continued investment in new product development, including anti-drone systems.
- **Government Policy Alignment:** Aligning business goals with the "Make in India" initiative, focusing on self-sufficiency and becoming an export hub in the ammunition sector.
**Financial Performance:**
- **Record Profits:** Quarterly and yearly profits hit an all-time high at Rs.243 crore and Rs.875 crore respectively
- **Revenue:** Quarterly turnover at Rs.1611 crore and yearly turnover at Rs.6070 crore
- **Expanded Margins:** Increased margins attributed to strong domestic performance and higher defense sales.
- **EBITDA:** Quarterly Rs.371 crore, yearly Rs.1414 crore, with margins at 23.06% and 23.29% respectively.
- **PAT:** Quarterly Rs.243 crore, yearly Rs.875 crore, with margins at 15.07% and 14.42% respectively.
- **Dividend:** Proposed dividend of Rs.8.5/share for the current year.
**Operational Performance:**
- **Domestic Explosives Volume Growth:**
Significant 24% quarterly and 20% yearly volume growth.
- **Defense Revenue Milestone:**
Annual defense revenue crossed Rs.500 crore for the first time.
- **International Business:** Experienced a 12% revenue drop due to currency fluctuations and hyperinflation, but sees a positive outlook for the future.
**Future Outlook:**
- **Overall Revenue Growth Target:** Aiming for 30% topline growth in FY25.
- **Domestic Volume Growth:** Expecting 15% volume growth in domestic explosives business.
- **International Business Growth:** Anticipating significant improvement in international business performance.
- **Defense Business Growth:**
Expecting threefold growth in defense revenue in FY25, reaching around 20% of total revenue.
- **Planned Capex:** Rs.800 crore planned for FY25, allocated to defense and explosives businesses.
- **Margin Improvement:** Expecting further improvement in EBITDA margins.
**Concerns:**
- **Currency Fluctuations & Hyperinflation:** Losses of Rs.900 crore in revenue and Rs.150 crore in EBITDA due to currency and hyperinflationary challenges.
- **Supply Chain Issues & Global Uncertainty:** Acknowledging potential impact from supply chain disruptions, geopolitical situations, and sector slowdowns.
**Other Key Points:**
- **Strong Order Book:** Record high defense order book at Rs.2600 crore, with expectations of significant future orders.
- **New Market Entries:** Expanding into the Rajasthan market and Saudi Arabia.
- **Focus on R&D:** Continued investment in new product development, including anti-drone systems.
- **Government Policy Alignment:** Aligning business goals with the "Make in India" initiative, focusing on self-sufficiency and becoming an export hub in the ammunition sector.
HAL Q4 & year end concall , transcript not available yet so listen maybe.
cc @Ashwin @Rajput Lion @Gautam @Fatalis
raw audio link
cc @Ashwin @Rajput Lion @Gautam @Fatalis
raw audio link
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Very good news
HAL will invest in multiple strategic assets intended towards greater indigenization, including a 20,000 ton isothermal press and 50,000 ton hydraulic press for manufacturing forgings for engines and aero structures. A carbon fiber facility will also be set up for 600 crore.
HAL will invest in multiple strategic assets intended towards greater indigenization, including a 20,000 ton isothermal press and 50,000 ton hydraulic press for manufacturing forgings for engines and aero structures. A carbon fiber facility will also be set up for 600 crore.
- 60 UH-M for Navy - 20,000 cr + PBL 13,000 cr
- 240 AL-31FP - Rs 26,000 cr
- RD-33 - Rs 4,500 cr
- 25 ALH - Rs 3,500 cr
- 9 ALH CG
