Banswara Syntex

- There is no explicit mention of any current or future plans for fundraising through debt or equity in the provided transcript. - Debt is expected to increase in the first half of the next financial year due to completion of planned capex and related repayments starting only in the following financial year (Page 15). - Kavita Gandhi mentions a temporary increase in long-term debt in the first half, with a subsequent reduction expected as turnover improves and working capital stabilizes (Page 15). - No new equity fundraising is discussed or indicated anywhere in the document. - Capital expenditure plans are minor and largely related to advertising and brand building; major capacity expansions are complete with no further capex expected for the next 2-3 years (Pages 12, 14). - The company seeks to manage debt through operational growth rather than fresh fundraising.

- Planned capex will happen in the first half of the upcoming financial year; orders have been placed and will be installed soon. (Page 15) - No major new capex planned beyond this; current investments are sufficient for the next 2-3 years. (Page 10, 15) - Investments made recently include machinery, modernization, plant upgradation, and some working capital, contributing to increased net debt. (Page 4) - Strategic focus is on utilizing existing capacities fully before making further investments, especially in garmenting. (Page 11, 15) - Investment of INR 3-4 crores planned for advertising and brand building (Simone Federico), including TV advertising, as part of strategic brand expansion. (Page 11-12) - Reduction in debt expected going forward due to improved turnover and completion of capex. (Page 15)

- Fabric division targets INR 650 crores revenue next year, up from INR 550 crores this year, expecting 20% year-on-year growth. - Yarn business expects steady performance with about INR 550 crores turnover next year. - Garment business targets around INR 350 crores revenue next year, aiming for 20% growth, with capacity utilization to improve from ~49% currently. - Overall company aims to reach INR 1,550 crores sales in FY '26, growing from INR 1,307.5 crores in FY '25. - Anticipated EBITDA margin for FY '26 is targeted at 12%, close to or slightly below exceptional FY '23 levels (~15%). - Brand business plans to double sales yearly from around INR 50 crores currently. - Growth backed by favorable trade agreements (India-U.K. FTA), shifting global supply chains, and rising domestic demand. - No major capex needed in next 2-3 years; focus on leveraging existing capacities for growth.

- Target revenue for FY26 is around INR1,550 crores, aiming to surpass FY23 levels. - Expect EBITDA margin to improve towards 12% in FY26, though FY23's ~15% EBITDA margin was exceptional. - Hope to surpass FY23 EBITDA margin levels by FY27 with steady growth. - Fabric division targeted to grow from INR550 crores to INR650 crores next year, with brand sales doubling yearly (~INR50 crores currently). - Garment business aims for 20% growth with EBITDA margins between 7% to 9%, targeting INR350 crores turnover next year. - Debt expected to increase slightly in H1 FY26 due to capex but reduce in H2 FY26 with better turnover and cash flow. - Profit after tax was INR21.4 crores in FY25; improvement expected with increasing margins and sales momentum. - Focus on leveraging brand building and favorable trade FTAs (India-UK) to boost growth and margin expansion.

- The Fabric business typically maintains an order book that is full for 45 to 60 days. - The Yarn business usually has an order book filled for about 30 days. - The Garment business order book is reported as healthy starting from Quarter 2 onwards. - Specific segment-wise order book figures are not immediately available but can be provided by the CFO, Kavita Gandhi, upon request. - The company is actively working on cementing the order book, especially in Garment, targeting a 20% growth with existing capacity. - Demand uncertainty in previous quarters affected order inflows, but current business commitments for Garment are improving.