Alicon Castalloy Ltd

The transcript does not mention any current or future plans for fundraising through debt or equity. Key points related to funding and investments are: - Alicon Castalloy Limited has been investing in capacity expansion, with capital expenditures of over Rs. 80 crore already in 9 months of the current year and an expected Rs. 120-130 crore investment planned for the next year (FY25) to support growth. - The company focuses on improving ROCE and aims to cross 20% in the next 2-3 years through higher-margin 4-wheeler business and better asset utilization. - No specific commentary or guidance regarding raising funds through debt or equity was provided during the Q3 FY24 earnings call.

- Alicon Castalloy Limited is investing in capacity additions to support continuous growth for FY'25 and FY'26, targeting sales of over Rs. 2,200 crores. - They have already invested more than Rs. 80 crores in the first 9 months of the current fiscal year and expect total investment of over Rs. 100 crores for the full year. - Planned capex for the next year (FY'25) is around Rs. 120 to 130 crores to ready capacity for future growth. - Investments include new equipment and machines to support a shift from small parts to bigger, critical parts like cylinder heads. - Focus on upgrading technology and expanding capacity in India and Europe for critical EV and 4-wheeler components. - Strategic move includes developing competencies through European facilities to accelerate product development and supply to the Indian market.

- Alicon targets a sales turnover of around INR 2,200 crores for FY 2025-26. - Expected growth rate for next year (FY25) is between 16% to 18%. - Incremental sales driven mainly by increased penetration in 4-wheelers, especially with customers like Maruti and Toyota. - New businesses and order book additions expected to substantially contribute in FY25 and FY26. - Volume ramp-up anticipated in critical parts like cylinder heads, with expected volumes of 150,000 to 170,000 units by FY25-26 from new developments. - Global business share has increased to 28% and expected to grow further. - Focus on high-value parts and export markets, including European facilities, with export target around 50% of total revenues. - Continued investment in capacity expansions (~INR 120-130 crores for FY25) to support growth. - Shift from 2-wheelers to higher-value 4-wheelers expected to enhance revenue and margins.

- Alicon Castalloy targets a revenue of around INR 2,200 crores by FY25-26, indicating strong growth ambitions. - Expected CAGR growth rate is approximately 16%-18% for the next year. - Operating earnings/EBITDA margins expected to improve driven by focus on bottom-line, margin enhancement, and ROCE improvement. - ROCE has improved from 10% to 14% in recent years with aspirations to reach 19%-20% within next 2-3 years. - Capacity additions and investments of ~INR 100-130 crores planned to support growth and handle more complex, higher-value parts. - Incremental sales growth driven mostly by 4-wheeler segments, EV parts (32% of order book), and export markets (targeting 50% revenue from exports). - New business wins, especially from Maruti, Toyota, and European customers, expected to add significantly to revenues and margins from FY25-26 onward. - Better utilization and product mix expected to further enhance profitability and ROCE.

- Alicon Castalloy Limited's current order book stands at approximately INR 9,000 crores as of FY2023-24. - Around INR 700+ crores of this order book is expected to be executed within the current year (FY2023-24). - Breakdown of order book: - 32% from EV segment. - 6% from technology agnostic (applicable to both ICE and EV). - 55% to 56% from exports/global business. - 80% to 84% from 4-wheeler segment. - 10% to 12% from 2-wheeler segment. - Discussions with defense sector are ongoing; these orders are over and above the INR 9,000 crores. - New orders from noise business/product declines are expected to be offset by new incremental order book by FY2025-26. - Expect 70%-80% of new efforts translating to revenue in FY2024-25, 90%-95% in FY2025-26.