Chatha Foods

- Chatha Foods Limited is undertaking a fundraising around Rs. 14 crore for a new JV project with Allana Group to set up a value-added meat products plant. - This new plant involves a Rs. 40 crore investment, with the company raising Rs. 14 crore for the project. - The new facility is planned to be commissioned by March 2025 and operational by July 2025. - No specific mention of additional fundraising through debt or equity beyond this Rs. 14 crore raise for the JV was noted. - The proceeds from a recent SME IPO are being used to build a new vegetarian product facility near their existing plant. - There appears to be no mention of separate or new debt fundraising at this time apart from the above equity raise.

- New facility focused on vegetarian products with Rs. 42-44 crore CAPEX, commissioned by March 2025, production by July 2025. - JV with Allana Group for value-added ready-to-eat meat and chicken products with investment around Rs. 40 crore; raising Rs. 14 crore for this project. - New plant to produce 6,000 metric tons annually with revenue potential of Rs. 175-200 crore at full capacity. - CAPEX for chicken capacity expansion minimal (~Rs. 50 lakh to below Rs. 1 crore), mainly space expansion after vegetarian plant shifts. - Equipment for new plants mostly imported, with utilities sourced domestically. - Expansion targets 12%-15% growth in existing business and plans to triple revenue by 2028 through new capacities and JV. - Focus on high-capacity line production for flatbreads, reducing manpower requirements.

- By 2028, Chatha Foods aims to triple its revenue from the current base. - Existing chicken business is expected to grow at 12%-15% annually till 2028. - New JV plant with Allana Group targets approximately Rs. 200 crore revenue at full capacity (6000 MT annually). - The new vegetarian flatbread plant aims for Rs. 175-Rs. 200 crore turnover on product mix. - Expansion of chicken facility to increase capacity by 6-7 tons per day (from ~16-17 to over 20 tons daily) with minimal CAPEX. - Overall revenue growth for the current business expected between 10%-15% annually. - PAT targeted to grow 5 to 6 times by 2028 driven by capacity expansions and JV. - The company is pursuing new product developments and strategic customer projects (e.g., KFC) to accelerate growth.

- Chatha Foods aims to triple its revenue by 2028, targeting approximately 3x growth from current levels. - The existing chicken business is expected to grow at 10%-15% annually. - With the new JV with Allana Group, the company plans significant expansion in value-added meat products, driving higher margins. - Operating margins in the new flatbread capacity are anticipated to be better than existing business margins. - The company targets a 5x-6x increase in PAT (profits) by 2028. - Expansion includes a new facility producing flatbreads, sauces, and gravies, expected to generate Rs. 175-Rs. 200 crore in turnover at full capacity. - Efforts to diversify product portfolio (e.g., patty lines for vegetarian products) and new client projects (including with KFC) may accelerate growth beyond base estimates.

- QSR orders are planned and updated on a quarterly basis; volumes and product mix can vary due to promotions and limited-time offers. - Commitments from new JV customers will come only once the new plant is ready and after passing food safety audits. - Existing customers like Domino's and Subway provide ongoing business; Chatha Foods is a key vendor with 50-60% share in Domino's chicken requirements. - Discussions with QSR customers for new product supply in the JV are ongoing but no firm orders yet, pending plant commissioning. - The company targets tripling revenue by 2028 with substantial order growth expected from new capacities and JV with Allana Group. - Order visibility is high within existing client base but final volumes depend on quarterly projections and approvals.