Investor Presentaiton
Management Commentary
"Leave this world better than you found it." - Bhavarlal H Jain
We are pleased to share with you very positive financial results of the fourth quarter and
year ended as on 31 March 2023. The Company has achieved significant growth in revenue
and earnings in line with the expectations.
The Company successfully closed a merger deal with Rivulis on 29 March 2023 and also
successfully implemented a restructuring plan within a period of one year as on 31 March
2023.
We believe this strong momentum will carry forward in FY24 as well as foreseeable future.
Our underlying businesses are receiving continual traction due to positive demand, quality
and our execution capacity. We plan to remain focused on reducing debt obligations,
improving working capital cycle while managing growth rates. The Company remain focus
on improving operating margins by expanding and strengthening dealer network across
India.
The Company has commenced its supplies under 'Jal Jeevan Mission' in Maharashtra as
per the rate contract agreement. The Company is having current order book of 23.54 Bn
on consolidated basis.
JAIN
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