Скачать или смотреть Utssav CZ Gold Jewels Ltd H2 and beyond

1) H1 Revenue growth at 67%:
Gross M at 10.2% vs 6.3% YoY [Because of higher gold prices and product mix.
Got operating leverage as well
Finance cost up 152% YoY because of higher short term debt [Reason explained below]
PBT up 192% YoY
Other Income is negligible
PAT AT 3X vs H1'25!

2) Balance Sheet
Long term borrowings down substantially from FY'25 Levels. At 4.2Cr vs 10.24Cr
Short Term borrowings at 144Cr vs 120Cr
Simple: Earnings went up substantially but so did credit period to the clients and inventory costs hence money tied up in both of them. To sustain growth co had to take loan. Nothing negative here, it's business as usual
CFO remains negative because of the same

Target 1100-1200cr revenue with 9-10% EBITDA margins and 4.5-5% PAT margins

Vision 2030 to have approx 4000cr revenue

TimeStamps:
00:00 Sector introduction
01:50 Business of Utsaav
04:00 Financials
05:15 Hedging Methods
07:30 Portfolio and Distribution
09:27 Export potential why UAE?
11:15 Cash Flow and Relation to Margins
14:25 Capex Plans
15:35 Guidence
16:50 Risks