Affordable Robotic and Automation Limited - Business Update

Affordable Robotic and Automation Limited (ARAPL) (BSE: 541402) (NSE: AFFORDABLE), One of the leading Automotive Project based line builders, Automated Multilevel Car Parking System provider and Warehousing Automation Solution provider on domestic and international market.

Our subsidiary, ARAPL RaaS, has pioneered the development of driverless electric forklifts and pallet jacks, aiming to revolutionize automation and expand its reach to international markets.

Key Updates as on Jan-25.

1. Commitment to Growth Targets: Affordable Robotic and Automation Limited (ARAPL) remains steadfast in achieving its YOY target by March 2025.

2. Positive Financial Performance: In Q3 FY2025, ARAPL reported a 34% year-over-year revenue growth, achieving a positive EBITDA.

3. Robust Order Book: Our current consolidated order book stands at ₹224 crore, indicating strong business momentum.

4. Expansion of ARAPL RaaS: Our subsidiary, ARAPL RaaS, has commenced deliveries to over 20 U.S. clients, each operating multiple warehouses. This positions us for potential installations exceeding 200 locations in the coming years.

5. Market Leadership: ARAPL RaaS continues to lead in warehouse automation, pioneering electric + autonomous vehicles with no notable competitors in this sector.

6. Strengthened Financial Position: In March 2024, ARAPL infused ₹38 crore into ARAPL RaaS, accelerating its growth and technological advancements.

7. Strategic Market Expansion: ARAPL RaaS has successfully secured an order book valued at USD 4 million and is on track to secure multimillion-dollar contracts in the coming months, with several high-profile customers signed up in the USA.

Shares of Affordable Robotic & Automation Ltd was last trading in BSE at Rs. 418.15 as compared to the previous close of Rs. 439.55. The total number of shares traded during the day was 1782 in over 218 trades.

The stock hit an intraday high of Rs. 435.45 and intraday low of 410.00. The net turnover during the day was Rs. 751714.00.

Source : Equity Bulls

Keywords

AffordableRoboticandAutomation INE692Z01013 KeyUpdates