Mardia Samyoung Capillary Tubes Company Ltd Management Discussions

Mardia Samyoung Capillary Tubes Company Limited ("the Company"), with Corporate Identity No. L74999MH1992PLC069104, was incorporated on October 19, 1992, in Maharashtra is a registered as Manufacturing Company.

Indian economy

India has maintained its position as the fastest growing major economy amid global headwinds. It has also emerged as an alternative to China and garnered the attention of foreign companies, who are seeking an alternative manufacturing hub outside China. The domestic economy is further being buoyed by a robust financial system that is supporting its growth dynamics.

Notwithstanding a volatile global macroeconomic environment, the outlook for the Indian economy remains optimistic. Strong fundamentals, such as sustained political stability, enhanced government focus on public capex, increasing private capex, growing credit demand, low debt levels and deleveraged balance sheets of most companies, are expected to substantially contribute to economic growth. The Reserve Bank of Indias prompt and decisive monetary policy measures, which include suitable policy rates and liquidity measures, are further fueling Indias rapid expansion. India continues to be a massive consumption-driven economy and along with higher capacity utilization across sectors, economic growth is likely to continue in the coming years.

Industry Overview

The Metal & Metal Manufactured Products Market size is estimated to reach US$17.5 trillion by 2027, after growing at a CAGR of 6.2% during the forecast period 2022-2027. Metals are amongst the most useful material which is utilized in a wide range of applications. These are mainly used owing to their beneficial properties such as superior malleability, high thermal and electrical conductivity, greater reflectivity of light and ductility. The commonly used metal in several industries are aluminum, bismuth, cadmium, cobalt, iron, lithium and magnesium among others. These are used in several applications such as bars, strips, wires and cables, sheets, castings and tubes. The downstream activities in the fabricated metal products include the manufacturing of structural metal products such as steam generators, boilers, metal containers, roll-formed metal and forged products. According to Indias Ministry of Statistics and Programme Implementation, in Q4 of 2020, the construction industry in India grew by 6.2%. Thus, the growth in end-use industries is boosting the growth of the Metal & Metal Manufactured Products Market.

The global copper tubes market is valued at USD 40.1 billion in 2023 and is projected to reach USD 54.4 billion by 2028, growing at 6.3% cagr during the forecast period. The market is mainly led by the significant usage of copper tubes in various end use industries. The global expansion of the construction industry, expansion of the HVACR Sector, continuous technological advancements are driving the market for copper tubes.

Segment- and Product-Wise Updates

Mardia Samyoung Capillary Tubes Company Limited is a manufacturing company specializing in the production of copper tube components and various brass and copper parts. We possess a team of experienced professionals with extensive knowledge in metalworking, quality control, and manufacturing operations. Our focus is on exceeding customer expectations by providing reliable, high-performance products at competitive prices.

Product Offerings

Copper Tube Components for Refrigeration & Air Conditioning: o Straight and Coiled Copper Tubing (ASTM B819, ASME SB280) o Pre-cut and Bent Copper Tubes o Fittings (solder, braze, mechanical) o Specialty Components (distributors, accumulators, etc.)

Brass & Copper Parts: o Valves (ball valves, gate valves, check valves) o Bushings o Nipples o Connectors o Custom Brass & Copper Parts (based on customer specifications)

Competitive Advantages

Focus on Quality: unwavering commitment to quality will differentiate from competitors.

Competitive Pricing: optimize manufacturing processes to offer competitive prices.

Customer Service: prioritize building strong customer relationships through excellent service.

Flexibility: the company will be adaptable to meet diverse customer needs, including custom parts production.

Financial Highlights

Particulars	CURRENT YEAR	PREVIOUS YEAR
	(2024-25)	(2023-24)
Revenue from Operations	Nil	Nil
EBITDA	27632807	(4819206)
PBT	11994609	(5098494)
PAT	11994609	(5098494)
Net Worth	56319563	44324954

Internal control systems and Risk Management

Effective risk management is central to ensuring robust and healthy finance for the Company.

Companys board of director overlook the companys internal control system and Risk Management process effectively and has in process to cover all types of risk applicable to the company. The board from time to time take initiatives to control the risks at their manageable level. Companys management team comprises experienced professionals with proven track records in manufacturing, engineering, and business development. Their expertise will be crucial for the success of the company.