{"id":173434,"date":"2026-01-22T09:59:03","date_gmt":"2026-01-22T14:59:03","guid":{"rendered":"https:\/\/alphastreet.com\/india\/ndr-auto-components-ltd-ndrauto-q2-2025-earnings-call-transcript\/"},"modified":"2026-01-22T09:59:03","modified_gmt":"2026-01-22T14:59:03","slug":"ndr-auto-components-ltd-ndrauto-q2-2025-earnings-call-transcript","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/ndr-auto-components-ltd-ndrauto-q2-2025-earnings-call-transcript\/","title":{"rendered":"Ndr Auto Components Ltd (NDRAUTO) Q2 2025 Earnings Call Transcript"},"content":{"rendered":"

Ndr Auto Components Ltd (NSE: NDRAUTO) Q2 2025 Earnings Call dated Nov. 07, 2024<\/span><\/strong><\/p>\n

Corporate Participants:<\/h2>\n

Pranav Relan<\/strong> \u2014 Whole Time Director<\/em><\/p>\n

Analysts:<\/h2>\n

Rishab Barar<\/strong> \u2014 Analyst<\/em><\/p>\n

Jatin Chawla<\/strong> \u2014 Analyst<\/em><\/p>\n

Saket Kapoor<\/strong> \u2014 Analyst<\/em><\/p>\n

Unidentified Participant<\/strong><\/p>\n

Presentation:<\/h2>\n

Operator<\/strong><\/p>\n

Ladies and gentlemen, good day, and welcome to NDR Auto Components Limited Q2 FY ’25 Earnings Conference Call. [Operator Instructions] Please note that this conference is being recorded. I now hand the conference over to Mr. Rishab Barar from CDR India. Thank you, and over to you, Mr. Barar.<\/p>\n

Rishab Barar<\/strong> \u2014 Analyst<\/em><\/p>\n

Rishab Barar<\/p>\n

Good day, everyone, and a warm welcome to all of you participating in the Q2 and H1 FY ’25 Earnings Conference Call of NDR Auto Components Limited. We have with us today on the call Mr. Pranav Relan, Whole-Time Director; Mr. Mohit Kumar Jain, Chief Financial Officer; Mr. Vikram Krishan Rathi, Vice President, Finance; and Mr. Rajat Bhandari, Executive Director and Company Secretary, along with other members of the senior management team.<\/p>\n

Before we begin, I would like to mention that some statements made in today’s discussion may be forward-looking in nature and are subject to risks and uncertainties. A statement in this regard is available in the Q2 and H1 FY ’25 earnings presentation shared with you earlier. We will start this call with opening remarks from the management, following which we will have an interactive question-and-answer session. I now request Mr. Pranav Relan to share some perspectives with you with regard to the operations and outlook for the business. Over to you, sir.<\/p>\n

Pranav Relan<\/strong> \u2014 Whole Time Director<\/em><\/p>\n

Good day, everyone, and a warm welcome to our Q2 and H1 FY ’25 conference call. Let me start by quickly going through our financial performance for the quarter under review. Q2 FY ’25 total income stood at INR175.57 crores, a growth of 10.99%. EBITDA at INR18.69 crores, growth of 17.39%. EBITDA margin at 10.65% and PAT for Q2 FY ’25 at INR11.94 crores, which is higher by 15.78% [Phonetic] as compared to the corresponding quarter last year. H1 FY ’25 total income stood at INR347.67 crores, a growth of 21.09%. EBITDA at INR36.18 crores, growth of 26.01%. EBITDA margins at 10.41% and PAT for H1 FY ’25 at INR23.48 crores, which is higher by 26.5% as compared to the corresponding half last year.<\/p>\n

Our EBITDA margins and return ratios are the highest in the company’s history. EBITDA margin stand at 10.65% in Q2 FY ’25 and ROE and ROCE for the half year stand at 22.41% and 28.50%, excluding nonproductive land and surplus cash. This improvement, which is sustainable, and we are focused on continuing to grow is driven by a combination of increasing the proportion of our premium offerings as well as our trust and efficiencies. We are pleased with our performance this quarter, particularly given the overall environment. The current fiscal is expected to be largely flat compared to the previous year. In this backdrop, we are encouraged to note that we continue to outperform our sector. This has been driven by steady execution on behalf of all our customers. Utilizations at our facilities across Haryana, Bangalore and Gujarat stood at 80% to 85%.<\/p>\n

As you are aware, though, the auto sector is facing some near-term headwinds, which are translating to slower order flow from OEMs in the near term. We anticipate this industry slowdown to continue for the next one or two quarters. Our outlook and visibility, however, remain extremely strong for the medium to long term. We have current order book of INR400 crores to INR450 crores. Our track continues to be both on expanding our portfolio with the introduction of innovative and disruptive options and expanding our OEM partnerships.<\/p>\n

The Board of Directors has approved the proposal to acquire approximately 25 acres of land at MITL, AURIC, Bidkin, Chhatrapati Sambhaji Nagar in Maharashtra, at an estimated cost of INR37.63 crores. This is in addition to the 10 acres of land we acquired at Kharkhoda earlier this year. In addition, we are also exploring land acquisition possibilities at Anantapur, which is in close proximity to Kia’s manufacturing facility. All these initiatives will enable us to be more efficiently cater to the requirements of our OEM customers. The potential for the auto component sector continues to be large. There are significant opportunities for the company who are prepared to innovate and deliver value. We at NDR Auto are excited about the road ahead and are confident of creating value for all our stakeholders. We will now be happy to discuss any thoughts or questions you may have.<\/p>\n

Questions and Answers:<\/h2>\n

Operator<\/strong><\/p>\n

Thank you very much. We will now begin the question-and-answer session. [Operator Instructions] The first question is from the line of Jatin Chawla from RTL Investments. Please go ahead.<\/p>\n

Jatin Chawla<\/strong><\/p>\n

Yeah, hi. Good afternoon. Congratulations on a very good result, you’ve given the industry context and thanks for the opportunity. My first question is, you spoke about having an order book of about INR400 crores to INR450 crores. I think the number that you shared last quarter was about INR250 crores. So what are the incremental orders that have come in, if you could just briefly highlight?<\/p>\n

Pranav Relan<\/strong><\/p>\n

Last quarter, we said something between INR250 crores and INR300 crores. In addition to that, we’ve acquired INR50 crores of business for BIW and we’ve acquired a new seating program of about INR100 crores. So in the next two years, we should be about that INR400 crores, INR450 crore mark.<\/p>\n

Jatin Chawla<\/strong><\/p>\n

So this INR50 crores BIW order, this is for with customer and similarly for the seating order? And what are the timelines as to when these programs go into execution?<\/p>\n

Pranav Relan<\/strong><\/p>\n

So both are for Maruti Suzuki. BIW should come into play within year, year and half and the seating should be within two years.<\/p>\n

Jatin Chawla<\/strong><\/p>\n

Got it. Got it. The second question was on the Aurangabad land acquisition. It’s a very sizable land parcel that you’ve acquired. So what sort of revenue potential are we envisaging for from this facility?<\/p>\n

Pranav Relan<\/strong><\/p>\n

So we have applied for land from the government. We should acquire it shortly. In terms of the revenue potential, we wouldn’t like to disclose at the moment. But what we can say is that we have a current relationship with Toyota Boshoku in Bangalore. We’re looking to replicate that. We have another relationship with the company, Hayashi Telempu. We’re looking to expand that, and we’re discussing with some more companies what we can do for Toyota.<\/p>\n

Jatin Chawla<\/strong><\/p>\n

Great. One last question.<\/p>\n

Operator<\/strong><\/p>\n

Sorry, go ahead.<\/p>\n

Jatin Chawla<\/strong><\/p>\n

No, no, I can come back. That’s not a problem. I’ll come back in the queue. You can go on. I’ll come back.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. Next question is from the line of Saket Kapoor from Kapoor & Company. Please go ahead.<\/p>\n

Saket Kapoor<\/strong><\/p>\n

Yeah, namaskar sir. Sir you were alluding to some stress in the system. If you could just elaborate the same on how the auto industry is shaping up? And how are we aligned in terms of our utilization levels for H2 getting affected because of what you just spoke about?<\/p>\n

Pranav Relan<\/strong><\/p>\n

So as you know, the auto sector is going through a slight slowdown, but it is recovering. I think Maruti showed the highest ever retail numbers in October. So there’s a lot of inventory that’s getting cleared down. Our capacities at the moment are between 80% to 85%. So there hasn’t been too much effect on our capacity utilization.<\/p>\n

Saket Kapoor<\/strong><\/p>\n

But sir, going ahead, you are referring to issues. If you could just elaborate, what are we penciling in, in terms of lower demand from the OEMs? Or what is the pillar exactly which led to you outspeaking about we having some trouble in terms of business outlook for the second half?<\/p>\n

Pranav Relan<\/strong><\/p>\n

I mean it’s a slight slowdown. It’s single-digit kind of slowdown. So we don’t think that’s a long-term problem. No.<\/p>\n

Saket Kapoor<\/strong><\/p>\n

Right. And sir, when we look at our capital work in progress number, if you could just elaborate where have we spent this money, the INR24.27 crores closing balance? And when are we going to capitalize the same?<\/p>\n

Pranav Relan<\/strong><\/p>\n

So that is for capex towards our Kia business, our new models and our shade business. I think that all comes into play next year.<\/p>\n

Saket Kapoor<\/strong><\/p>\n

And what kind of revenue generation asset turnover can we expect?<\/p>\n

Pranav Relan<\/strong><\/p>\n

So our capex for the Kia business was about INR7 crores to INR8 crores. Shade was another INR7 crores to INR8 crores. The seating business was another INR20 crores to INR25 crores, and that itself will add about INR250 crores, INR300 crores to our top line, which is going to come into place next year.<\/p>\n

Saket Kapoor<\/strong><\/p>\n

Okay. So next year, we can expect an incremental INR250 crores revenue?<\/p>\n

Pranav Relan<\/strong><\/p>\n

Subject to market conditions, I think that’s a fair estimate.<\/p>\n

Saket Kapoor<\/strong><\/p>\n

And sir, taking into account our diversification initiative, if you could just explain from derisking us from the — only for the seating part of the story, what other steps are we taking? And taking two to three years horizon, how do we think the revenue mix would be in terms of seating and the other initiatives, which we have already done?<\/p>\n

Pranav Relan<\/strong><\/p>\n

So we’ve added about INR50 crores of BIW business this quarter. We’ve got INR50 crores of shade business coming — already coming two quarters ago. And then we’re obviously looking to expand that. In addition, we are looking to diversify to new customers and new products. Once something happens, we will let you know.<\/p>\n

Saket Kapoor<\/strong><\/p>\n

That is correct, sir. But I was just looking at how this mix will change, say, one year down the line with the INR250 crores new business or increased business coming up next year, how should the profile look like in terms of the fitting and the other business?<\/p>\n

Pranav Relan<\/strong><\/p>\n

So our reliability on seating and our reliability on Maruti is going to start gradually decreasing. We’re looking to be a multi-product, multi-customer company.<\/p>\n

Saket Kapoor<\/strong><\/p>\n

And sir, our margins outlook, if we can maintain these margins?<\/p>\n

Pranav Relan<\/strong><\/p>\n

So at the moment, we’re at 10.6%. We are targeting to expand our margins in the next two years.<\/p>\n

Saket Kapoor<\/strong><\/p>\n

Okay. Thanks. Thank you, sir, and all the best. I will join the queue sir.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. [Operator Instructions] Next question is from the line of Jatin Chawla from RTL Investments. Please go ahead.<\/p>\n

Jatin Chawla<\/strong><\/p>\n

Yeah, thanks for the opportunity again. Just continuing on the margin side, what we have seen in the last two years is there is a nice slow, consistent improvement almost every quarter. So I tend to look at margins on a four-quarter rolling [Technical Issues].<\/p>\n

Operator<\/strong><\/p>\n

Hello? The line for the participant dropped. [Operator Instructions] Next question is from the line of — okay so we have Jatin Chawla reconnecting. Jatin Chawla, kindly go ahead with your question please.<\/p>\n

Jatin Chawla<\/strong><\/p>\n

Yeah. Sorry, the line got disconnected. I don’t know where I dropped off, so I’ll just repeat the full question. I was saying that on the margin side, we’ve seen a nice, slow, consistent improvement over the last two years. And if I look at margins on a rolling four-quarter average basis, there is almost a 10 to 20 basis margin improvement happening every quarter. So what is really driving the same? What sort of productivity enhancing measures are you taking that is helping this? And you said there is further scope. So over the next two years, what sort of further scope you see on the margin side?<\/p>\n

Pranav Relan<\/strong><\/p>\n

So in terms of the current scope, we’re taking advantage of our operational efficiencies. Our numbers have been good. We’re trying to use as much of our footprint in order to expand our margins. Going ahead, in the next one and half to two years, we’re targeting the 12% EBITDA margin.<\/p>\n

Jatin Chawla<\/strong><\/p>\n

Great. Great. Great. So when you say footprint expansion, I didn’t quite catch that. How does that help?<\/p>\n

Pranav Relan<\/strong><\/p>\n

We’re trying to use our current footprint as much as we can for our new order book, and that is what’s driving our margin expansion.<\/p>\n

Jatin Chawla<\/strong><\/p>\n

Got it. So it’s largely operating leverage. As your utilization improves, margins are improving.<\/p>\n

Pranav Relan<\/strong><\/p>\n

Yes.<\/p>\n

Jatin Chawla<\/strong><\/p>\n

And you spoke about some slowdown that you’re seeing in 3Q. But I think 4Q onwards, you have some triggers coming up. You have the Kia and the sunshade order and thereafter, the Maruti EV likely in 1Q FY ’26. So is it fair to assume that from 4Q onwards, we should start seeing some traction again on the top line side?<\/p>\n

Pranav Relan<\/strong><\/p>\n

Yeah. So that will be subject to the ramp-up. I think the Kia and the Shade is January and the EV is sometime in March. So the way it ramps up, maybe it will be Q4, maybe it will be the following Q1, you’ll see that complete coming into play.<\/p>\n

Jatin Chawla<\/strong><\/p>\n

Understood, understood. Thanks a lot.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. [Operator Instructions] Next question is from the line of Yash Mehta from Smart Ventures Private Limited [Phonetic]. Please go ahead.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Sir, I want to ask that our order book is around INR400 crores to INR450 crores.<\/p>\n

Operator<\/strong><\/p>\n

Yash, sorry to interrupt, your audio is not clear. Can you speak a little louder, please?<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Am I audible now?<\/p>\n

Operator<\/strong><\/p>\n

Yes.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Sir I wanted to ask that our order book is around INR400 crores to INR450 crores. Sir, what is the timeline by which this order book will be executed?<\/p>\n

Pranav Relan<\/strong><\/p>\n

One and a half to two years. two years should be a safe bet.<\/p>\n

Unidentified Participant<\/strong><\/p>\n

Okay. Thank you, sir.<\/p>\n

Operator<\/strong><\/p>\n

Thank you. [Operator Instructions] As there are no further questions, I will now hand the conference over to the management for closing comments.<\/p>\n

Pranav Relan<\/strong><\/p>\n

Thank you for your time and participation. We continue to be optimistic about the opportunities before us and look forward to sharing these with you as we move forward. Should you need any input or clarification, please write in to us or our Investor Relationship partner, CDR India. Thank you.<\/p>\n

Operator<\/strong><\/p>\n

[Operator Closing Remarks]<\/p>\n","protected":false},"excerpt":{"rendered":"

Ndr Auto Components Ltd (NSE: NDRAUTO) Q2 2025 Earnings Call dated Nov. 07, 2024 Corporate Participants: Pranav Relan \u2014 Whole Time Director Analysts: Rishab Barar \u2014 Analyst Jatin Chawla \u2014 Analyst Saket Kapoor \u2014 Analyst Unidentified Participant Presentation: Operator Ladies and gentlemen, good day, and welcome to NDR Auto Components Limited Q2 FY ’25 Earnings […]<\/p>\n","protected":false},"author":2377,"featured_media":147581,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6349],"tags":[10169,9175,9104,9092,14492,10089],"class_list":["post-173434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transcripts","tag-earnings","tag-earnings-call","tag-earnings-conference","tag-earnings-transcripts","tag-financial-results","tag-quarterly-earnings"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":173433,"url":"https:\/\/alphastreet.com\/india\/ndr-auto-components-ltd-ndrauto-q3-2025-earnings-call-transcript\/","url_meta":{"origin":173434,"position":0},"title":"Ndr Auto Components Ltd (NDRAUTO) Q3 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Ndr Auto Components Ltd (NSE: NDRAUTO) Q3 2025 Earnings Call dated Feb. 12, 2025 Corporate Participants: Rishab Barar \u2014 Investor Relations, CDR India Pranav Relan \u2014 Whole Time Director Analysts: Jatin Chawla \u2014 Analyst Saket Kapoor \u2014 Analyst Hitesh Goel \u2014 Analyst Raunaq Sabharwal \u2014 Analyst Presentation: Operator Ladies and\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":180082,"url":"https:\/\/alphastreet.com\/india\/ndr-auto-components-ltd-ndrauto-q3-2026-earnings-call-transcript\/","url_meta":{"origin":173434,"position":1},"title":"Ndr Auto Components Ltd (NDRAUTO) Q3 2026 Earnings Call Transcript","author":"News desk","date":"February 9, 2026","format":false,"excerpt":"Ndr Auto Components Ltd (NSE: NDRAUTO) Q3 2026 Earnings Call dated Feb. 05, 2026 Corporate Participants: Pranav Relan \u2014 Wholetime Director Analysts: Unidentified Participant Rishab Barar \u2014 Analyst Jatin Chawla \u2014 Analyst Vijay \u2014 Analyst Sahil Sharma \u2014 Analyst Manish Gupta \u2014 Analyst Jatin Chawla \u2014 Analyst Anubhav \u2014 Analyst\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":41715,"url":"https:\/\/alphastreet.com\/india\/wipro-limited-wit-q2-2020-earnings-snapshot\/","url_meta":{"origin":173434,"position":2},"title":"Wipro Limited (WIT): Q2 2020 Earnings Snapshot","author":"Toby","date":"October 15, 2019","format":false,"excerpt":"-- Wipro Limited (NYSE: WIT) reported second-quarter 2020 earnings of $0.06 per share, in line with Wall Street projection -- Revenues grew 4% to $2.14 billion, vs. $2.13 billion expected. -- In Q2, IT Services revenue grew 2.5% to $2.05 billion. -- Wipro expects IT Services revenue to be $2.065\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"Earnings Update by AlphaStreet","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-Coverage-5.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-Coverage-5.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-Coverage-5.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-Coverage-5.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-Coverage-5.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":173431,"url":"https:\/\/alphastreet.com\/india\/ndr-auto-components-ltd-ndrauto-q1-2026-earnings-call-transcript\/","url_meta":{"origin":173434,"position":3},"title":"Ndr Auto Components Ltd (NDRAUTO) Q1 2026 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Ndr Auto Components Ltd (NSE: NDRAUTO) Q1 2026 Earnings Call dated Aug. 12, 2025 Corporate Participants: Unidentified Speaker Pranav Relan \u2014 Wholetime Director Analysts: Unidentified Participant Rishab Barar \u2014 Analyst Jatin Chawla \u2014 Analyst Tanmay Jhaveri \u2014 Analyst Hitesh Goel \u2014 Analyst Saket Kapoor \u2014 Analyst Samraat Jadhav \u2014 Analyst\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":173432,"url":"https:\/\/alphastreet.com\/india\/ndr-auto-components-ltd-ndrauto-q4-2025-earnings-call-transcript\/","url_meta":{"origin":173434,"position":4},"title":"Ndr Auto Components Ltd (NDRAUTO) Q4 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Ndr Auto Components Ltd (NSE: NDRAUTO) Q4 2025 Earnings Call dated May. 09, 2025 Corporate Participants: Unidentified Speaker Rishab Barar \u2014 Senior Consultant Pranav Relan \u2014 Whole-time Director Vikram Krishna Rathi \u2014 Chief Financial Officer and Vice Presdient Rakesh Rustag \u2014 GM \u2013 Finance & Accounts Rajat Bhandari \u2014 Executive\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":137977,"url":"https:\/\/alphastreet.com\/india\/greenpanel-industries-ltd-greenpanel-q2-fy22-earnings-concall-transcript\/","url_meta":{"origin":173434,"position":5},"title":"Greenpanel Industries Ltd (GREENPANEL) Q2 FY22 Earnings Concall Transcript","author":"IRS_INDIA","date":"November 8, 2022","format":false,"excerpt":"Greenpanel Industries Ltd (NSE:GREENPANEL) Q2 FY22 Earnings Concall dated Nov. 08, 2022 Corporate Participants: Rishab Barar -- Investor Relations Shobhan Mittal -- Managing Director and Chief Executive Officer Vishwanathan Venkatramani -- Chief Financial Officer Analysts: Harsh Shah -- Dalal & Broacha Stock Broking Pvt. Ltd. -- Analyst Dhananjai Bagrodia --\u2026","rel":"","context":"In "Consumer"","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/173434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2377"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=173434"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/173434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/147581"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=173434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=173434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=173434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}