Chatha Foods

- The company plans to increase term loans by INR 12 crores to fund the vegetarian facility and related capex (Page 17). - Recently raised INR 20 crores through preferential allotment, which has not yet been utilized and is earmarked purely for capex related to a joint venture with Allana (Page 9). - Total debt exposure, including working capital, is expected to rise to around INR 29-30 crores due to these investments (Page 17). - No mention of any equity fundraising plans beyond the preferential allotment noted.

- INR 12 crores term loan planned to fund new vegetarian facility capex. - Recent preferential funds of INR 20 crores raised but not yet utilized; planned for capex in joint venture with Allana Sons for value-added meat and chicken products in Aurangabad. - Shift vegetarian equipment to new vegetarian plant (50,000 sq. ft. building), freeing existing space to add 120 metric tons/month chicken capacity without additional capex. - Additional 30,000 sq. ft. land available near veg plant for future expansion if needed. - The JV with Allana Sons is a 70-30 partnership, indicating strategic investment in expanding value-added meat production. - No current plans for capacity expansion in other geographic regions; focus is on optimizing existing capacity and new veg facility. - Equipment sourced mainly from European suppliers (Germany, Poland, Austria), which are expensive, indicating quality investment.

- The company aims for a 4x revenue growth by FY 2028-29 compared to the current year. - Growth will be driven primarily by the vegetarian (veg) business expansion and exports. - Expansion plans include growing the veg business aggressively alongside continued focus on non-veg (chicken). - Capacity is currently sufficient to support this revenue growth without immediate need for major additions. - The veg facility, becoming operational majorly from FY ’27, is expected to contribute progressively to revenue. - The company plans to increase pan-India penetration across both veg and non-veg segments, focusing on QSR and export markets. - Intends to increase exports with partners like Alana for both veg and meat products. - Incremental capacity expansions feasible within existing plants, including a 120 MT/month increase in chicken capacity without extra CAPEX.

- The company aims for a 4x revenue growth by FY28-29 compared to FY25, driven by expansion in both veg and non-veg segments. - Capacity expansion is planned but current capacities are sufficient to handle this growth without immediate need for major capex. - Margins in the vegetarian segment are expected to be better due to lower input costs despite lower realizations compared to chicken. - Export business, especially for vegetarian products, is targeted aggressively to increase footprint beyond India. - Working capital cycles are managed prudently to support growth, with inventory at ~30 days, debtor days ~40-45, and creditor days ~25. - Debt is expected to increase by around INR12 crores for investments, supporting future expansion and capex. - Capacity utilization for chicken can reach 100% at 500 MT/month; veg segment can easily run double or triple shifts for further expansion. - Overall, the company is optimistic about strong earnings growth driven by product mix, capacity utilization, and expansion into new markets.

- The transcript does not explicitly mention the current or expected orderbook or pending orders in specific numbers. - However, it is noted that the company is actively engaged in dialogues with various customers, particularly for the new vegetarian facility, though contracts will only be finalized after audits and approvals. - The vegetarian facility is expected to start contributing 10% to 15% capacity in FY26 and more substantially from FY27 onwards. - The company has onboarding processes with new clients, involving product development and store trials that typically take 3 to 6 months before commercial contracts are finalized. - They continue to acquire new QSR clients and maintain multi-vendor policies, implying ongoing business development efforts but with no detailed orderbook data disclosed.