Aro Granite Inds

- No fresh loan is planned for the Quartz plant; the Capex of approximately 35 Crores will be managed through internal accruals and supplier credit (720 days credit for machinery). - Supplier credit funds the machinery cost (~20 Crores), while the remaining Capex will be covered internally. - Current net debt position is around 40 Crores, mainly term loans for the Jaipur plant. - No additional working capital limits have been taken for the Jaipur plant yet; future working capital needs will be assessed based on progress. - No indication of equity fundraising mentioned in the call or transcript. - Management will continue monitoring financial needs and may adjust as production and operations evolve.

- ARO Granite Industries is setting up a Quartz plant in their existing Hosur facility with a capacity of 180,000 square meters per annum. - The total expected Capex for the Quartz plant is approximately ₹35 Crores, comprising ₹20 Crores for plant and machinery, ₹12 Crores for building and civil works, and ₹3 Crores for electrical and maintenance expenses. - The Quartz plant erection work started in August 2019 and is expected to be operational by Q2 FY2021 (around July-September 2020). - The Quartz plant will share existing infrastructure like polishing, finishing, and packing between granite and quartz production. - The Jaipur plant, started production in August 2019, required no new debt with its machinery funded by supplier credit and internal accruals. - No fresh loans are being taken for these expansions; funding primarily comes from internal accruals and supplier credit.

- Quartz plant expected to be operational by Q2 FY2021, adding new product lines and customers. - Jaipur plant (started production August 2019) expected to do well, with profitability anticipated in the first year. - Focus on existing customers and markets initially; Quartz expansion offers potential to regain lost market share and enter new markets. - Current sales channels for granite and Quartz partly overlap, easing market penetration for Quartz. - Sales expected to grow with contributions from Jaipur and Quartz plants. - Margin improvement anticipated as Jaipur plant ramps up volumes. - Raw material availability expected to improve with new Jaipur unit, aiding production capacity utilization. - GST refund streamlining to positively impact working capital and operations.

- Jaipur plant expected to become profitable in the first year of production, likely improving margins. - Quartz plant (1.8 lakh sqm capacity) at Hosur expected operational by Q2 FY2021, contributing to sales growth and margin improvement. - Quartz segment targets both existing customers and new markets, potentially increasing volumes and revenues. - Current EBITDA margin stable at ~10.48%; margins expected to improve as volumes increase with new plants. - Shortage of raw materials remains a challenge but is being mitigated by opening Jaipur plant and stocking good quality material. - Net debt stable at around ₹40 Crores; Quartz plant capex (~₹35 Crores) funded through internal accruals and supplier credit, limiting debt increase. - GST refund process improving, releasing working capital and aiding cash flow. - Overall, growth driven by expanded capacity, new product introduction (Quartz), and market expansion, supporting earnings and profit growth over the next 1-2 years.

The transcript does not explicitly mention the current or expected order book or pending orders for ARO Granite Industries Limited. However, from related discussions, the following indirect insights can be noted: - The company is focusing on managing and fulfilling existing orders with available raw materials despite shortages. - Emphasis is on serving high-value customers and high-end materials. - Ramp-up of production at Jaipur plant is expected to improve capacity and order fulfillment. - Quartz plant (engineered stone) expected to start operations by Q2 FY2021, aiming to expand product portfolio and add new customers. - No direct figures or commentary on order book size or pending orders were disclosed during the call. Thus, no specific quantitative information on order book or pending orders is provided in the transcript.