SASI KUMAR SEBI RA
22 Sep • 7:59 PM · SEBI-Registered Analyst
Key takeaways from the HyTech Engineers Q1 concall:
• Q1 margins were hit by raw material price lags, but OEMs already approved price hikes that will hit the books in Q2. • The global hydraulic fittings market is ₹40,000 crores, but India is only ₹2,000 crores. This is why they are pushing hard into the US and Europe. • They just developed high-pressure stainless steel fittings to break into the booming data center and oil & gas markets by next year. Management expects minimum 20% topline growth and 25-30% profit growth ahead. .
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