Dhabriya Poly.

- Currently, there are no plans for raising new loans or debt, as stated by CFO Hitesh Agarwal. - The company has completed payments for the Bangalore factory and procured machines without requiring new loans. - Any regular capex planned will be funded through internal accruals, not external borrowing. - Existing EMI-based loans of around INR 25-26 crores are being repaid regularly, with about INR 6-7 crores repaid annually. - There was a promoter shareholding reduction for personal reasons, but no further promoter holding sale is currently planned. - No mention of equity fundraising was made in the call or document.

- No new large-scale capex planned for Jaipur or Coimbatore plants as current capacities have been enhanced and fully implemented. - Bangalore factory: Ongoing capex for UPVC door, profile, and fluted panel extrusion; machines being procured and installed to cater to growing demand for fluted panels. - Current regular capex will be funded from internal accruals; no plans for new loans. - Existing loan repayments ongoing (~INR6-7 crores per year), primarily EMI-based loans totaling around INR25-26 crores. - Modular furniture vertical has plans for expansion of retail stores (already 2 stores operational; a new Delhi store planned by H1 2025). - Overall, focus on incremental expansions to support new product lines and growing demand rather than large strategic capital investments.

- The company expects a revenue growth of about 20% to 25% for the financial year 2024 compared to 2023. - PVC fluted panel product sales have shown strong growth, with revenues increasing from around INR3 crores in FY23 H1 to over INR10 crores in H1 FY24; full-year revenue for fluted panels is projected at INR25 crores with expectations to double next year. - Order book for project-related business stands at around INR120 crores, reflecting growing demand. - Capacity utilization can increase from current ~60% to 85-90% without additional expansion. - New product launches and market expansion (e.g., fluted panels extrusion starting in Bangalore and increased extrusion in Coimbatore) support growth. - UPVC window and door sales, modular furniture segment, and new stores planned indicate diversified growth avenues.

- Company projects revenue growth of 20% to 25% for the full financial year 2024 compared to 2023. - EBITDA margins have improved significantly from 9% in FY23 to 14% in H1 FY24, indicating margin expansion. - Operating margin improvement driven by normalization of input prices, especially PVC, and growth in higher-margin products like fluted panels. - Fluted panels revenue expected to reach INR 25 crores in FY24 and likely to double in the next year, contributing to future earnings growth. - Strong order book of over INR 100 crores in project-related business supports sustained revenue visibility. - The company expects steady repayment of loans, funded mainly by internal accruals, supporting financial stability for future growth. - Management emphasizes ongoing market penetration and capacity utilization improvements without immediate plans for major capex, indicating efficient growth. - Overall earnings growth is supported by higher volumes, better product mix, and operational efficiencies.

- As of September 30, 2023, the company had an order book of approximately INR 120 crores. - This includes execution of about INR 40 crores from the earlier INR 100 crores order book as of March 31, 2023. - New orders worth INR 60 crores were added in the first half of the current financial year, leading to a total order book of INR 120 crores. - The order book is split between UPVC windows and doors and modular furniture projects. - Order inflows for the current financial year (six months) are around INR 60 crores. - Order conversion cycles typically range from 12 to 30 months depending on the project scale. - The company is currently servicing large builders like DLF, Mahindra Lifespaces, and L&T with repeated orders stemming from multiple projects.