Asian Granito India Ltd

The transcript does not mention any current or future plans for fundraising through debt or equity. Key points related to financials and expansions include: - No specific mention of raising funds via debt or equity in the discussion. - Expansion plans through internal accruals, especially for South India plant with minimum CAPEX. - Focus on contract manufacturing and joint ventures to grow without heavy Capex. - No clear indication of debt or equity issuance as a funding strategy in the transcript. - Emphasis on operational growth, increasing showroom count, and capacity utilization rather than fundraising. - Management highlights brand building and efficiency improvements as growth levers. Thus, based on the provided content, there are no stated plans for new debt or equity fundraising at this time.

- No major CAPEX planned for the current year; growth in South India to be driven through internal accruals and a JV with 51% stake with minimal CAPEX. (Page 8) - A new plant in South India through JV focused on manufacturing soluble salt and GVT products (80:20 mix) to reduce transportation costs and improve margins. (Page 7) - A 60-acre land allotment for a new project plant expected to start implementation by end of August 2017 and become operational by July-August 2018, adding Rs. 140-150 crores of revenue in FY19. (Page 11) - Use of contract manufacturing in Morbi to outsource high-end products under the AGL brand with low capital expenditure. (Page 4) - Expansion in Crystal plant utilization aimed to reach 85-95% this year and 100% next year with revenue target of Rs. 350 crores. (Page 10)

- Expect 13%-15% growth in net revenues for FY18 and around 15% growth for FY19. - Aim to increase retail sales from 37% to 40% by next year, with an overall shift toward organized players benefiting post-GST. - Target to grow organized players faster, capturing market share from unorganized sector, especially post-GST. - Plan to expand showroom network to over 200 by year-end and over 500 PAN India by 2020. - New plant operational from July-August 2018 expected to add Rs. 140-150 crores in revenue in FY19. - Contract manufacturing and outsourcing high-value products to leverage low CapEx growth. - Focus on increasing volumes in premium product segments like GVT and Double Charge tiles. - Expected volume growth over 17%-18% year-on-year with improvement in retail sales driving margins.

- Revenue growth is expected at 13%-15% in FY18 and around 15% in FY19. - EBITDA margins were around 12% in the recent quarter, expected to maintain roughly 12.5%-13% in FY18. - Margin improvement is anticipated due to GST implementation; target is to reach ~15% margins in the next 4-5 years. - Profit after tax grew 29% YoY in Q1 FY18 to Rs 11.1 Crores; net profit margin improved by 80 bps to 4.9%. - Expansion plans including increasing retail share and contract manufacturing will aid growth. - New plants and capacity utilization increases expected to add Rs. 140-150 crores in revenues in FY19. - Advertising spend increased to support brand building; targeting 2.25%-2.5% of revenue. - Management confident of achieving FY18 margin guidance of 15% and moving towards Rs. 2,000 crore turnover by 2020-21.

- The transcript does not explicitly mention the current or expected order book or pending orders. - It does highlight that the company is increasing its retail focus and expects growth by capturing market share from unorganized players post-GST. - There is mention of outsourcing and contract manufacturing plans, including a contract in Morbi to produce 15,000 boxes per day. - The company aims for a gross turnover of Rs. 2,000 crore in the next 3-4 years. - They plan to increase retail from 37% to 50% and increase government business to 25% in the future. - Expansion includes plans for new plants (e.g., South India JV with Rs. 150 crore turnover expected) and increased showroom presence (200+ showrooms targeted by year-end). - Overall, the company is optimistic about volume growth and order inflow driven by organized market expansion and government projects.