With an EBITDA margin of 15.3%, showcasing an increase of 473 basis points year-over-year and 93 basis points quarter-over-quarter, this marks the highest ever EBITDA margin. This achievement is propelled by the growing share of premium products and the operational leverage resulting from increased machine execution.

Total expenses rose 18.2% to Rs 56.05 crore in Q2 FY24 over Q2 FY23. During the quarter, cost of materials consumed stood at Rs 45.79 crore (up 17.7% YoY) while employee benefits expense was at Rs 5.96 crore (up 7.4% YoY).

The company's order book stands at Rs 236.44 crore, with Rs 110.69 crore garnered in Q3. A total of 596 machine orders were received during Q3, contributing to a record high total of 1284 machines in hand.

Macpower CNC Machines is a manufacturer of Computerised Numerically Controlled (CNC) machines. The company went public in 2018, utilizing the IPO proceeds to backward integrate into the manufacture of machining components and enhance production capacity. Currently, Macpower aims to further backward integrate using internal accruals to develop advanced patterns for various machine models, leading to cost reduction, improved quality, and increased productivity. The company's current manufacturing capacity is 1500 machines per annum, with plans to expand to 2000 machines per annum by Q1FY25.