SAGA Robotics

History and Performance Indicators

2023: Revenue growth doubled to RUB 177.9 mln

One of the largest manufacturers of industrial robots in Russia, SAGA Robotics, recorded revenue of 177.9 million rubles at the end of 2023, which is more than double the result of a year ago of 86.3 million rubles. The company's net profit amounted to 16.2 million rubles, while in 2022 it had net losses on urvon of 4.9 million rubles. This is evidenced by the data of the Kontur. Focus service, which TAdviser got acquainted with in October 2024.

From these materials it follows that the cost of sales of Saga Robotics JSC in 2023 amounted to 132.5 million rubles against 80.5 million rubles in 2022. Gross profit increased from 5.8 million to 45.4 million rubles.

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By the end of 2023, the company's accounts payable were measured at just over 100 million rubles, which is more than a year ago at 46.7 million rubles. Accounts receivable increased from 5.7 million to 58 million rubles.

The management expenses of SAGA Robotics in 2023 reached 22 million rubles, which is twice as much as spent a year earlier. Profit from sales in 2023 amounted to almost 23.5 million rubles, while in 2022 such losses were registered at 4.2 million rubles.

SAGA Robotics announced several developments in 2023. Among them is the industrial robot SRD-02, which, according to the developers, differs from competitors in the high speed of work movements and is used for packaging, sorting, assembly and movement of products.

The company also developed software to control industrial robots. It allows you to control six-axis robots, delta robots and SCARA robots, the manufacturer says.

2021: Cooperation with Signal NPP to localize banking equipment production in Russia

JSC NPP Signal, part of the Avtomatika Concern of Rostec State Corporation, and JSC SAGA Robotics signed an agreement aimed at joint implementation of projects in the field of digital self-service systems and banking equipment. This was announced on April 2, 2021 by the Avtomatika Concern. The parties aim to achieve 20% localization of banking equipment production in Russia by 2022 and to further increase to 80% by 2025. Read more here.