Q1-FY27 · Management (CFO)
We are seeing both. We are having new customers as well as new SOPs and current customers as well as schedule increase of existing parts. It's both actually.
SKP Bearing Industries · tone and specificity signals across the available quarters.
Language signals
We are seeing both. We are having new customers as well as new SOPs and current customers as well as schedule increase of existing parts. It's both actually.
First focus is very clear: do a turnaround. Let us have a profitability level something very little then we focus on a better product margin. Margins are good. No problem for the margins. You need to be cost efficient.
When niche products come or when we are supplying niche products where more R&D is involved, so there we are holding a margin that is profit margin of 50 to 60%. Where it is standard part but complex, we expect between 30 to 45%.
We are the only company in India also probably very few companies globally which are end to end.
Our target first is to reach to the post acquisition hour level. After that we have a target next target of reach to the 2010 levels when it was something like 156 million euros.
We are focusing right now because we don't want to have anything you know you eat something which you cannot chew. We believe in let it go slow but it should be steady and it should be very long term.