Craftsman Automation Limited CC-Dec23.pdf · 2024-01-29
My first question was with regard to the powertrain revenues. So a couple of questions have already been answered on that. So I'm asking slightly differently. So your key segments like Daimler, as you said, is down 40%, 50%. It's still not recovered. And MHCV volumes will probably grow low to mid -single digit, I think, next year. Ashok Leyland has already declined in the last couple of months. And tractor also, it's probably like around 0%, right? Along with that, you are getting new orders in off -highway segment, which is, like I said, expected to kick in, in FY '26 and onwards, right? In this context of slowing end segment over the last 3 quarters and new revenue kicking in, in FY '26, is it fair to say that FY '25, which is the next 4 to 5 quarters, should be pretty much flat for Powertrain, like probably flat, flattish to mid single-digit growth?
So it's also end market remaining flat and historical also, you have outperformed the end market because of various initiatives. So that should probably result in by 5%, 6%, 7% probably at most for the next 4 quarters. Can you take a kick into a higher growth after that?