Dhampur Sugar Mills Ltd

- For FY '25 and FY '26, Dhampur Sugar Mills Limited has no major capital expenditure (capex) plans, which typically indicate no immediate large fundraising needs. - There is no direct mention of any planned equity or debt fundraising in the transcript. - The company has approved a buyback of equity shares up to INR 20 crores, indicating a return of capital to shareholders rather than raising equity. - Overall, as per the May 16, 2025 call, there is no information provided about any current or future fundraising through debt or equity.

- No major capex plans are there for the current financial year FY '25-26. (Page 10, Gaurav Goel) - The plants are fully set up and the company's focus is primarily on cane development rather than new capital investments. (Page 10) - No specific mention of strategic or future capital investments beyond cane development programs. (Pages 10-12) - The company continues to invest in cane development with budgets year-on-year to incentivize farmers for variety replacement. (Page 12) - No immediate capex plans mentioned for FY '26 or FY '27. (Page 8)

- Sugarcane crushing expected to increase in FY '26 compared to FY '25, with a higher crush anticipated but dependent on rainfall and crop yield (Page 7-8). - Ethanol production and sales expected to rise in FY '26 due to more feedstock availability and full utilization of maize plant capacity (Page 7). - Sugar sales volume increased marginally despite lower crushing in FY '25; average sugar realization also improved (Page 5). - Potable spirits production and sales have increased due to new machinery, contributing positively to revenue (Page 6). - No major capex planned for FY '26; company focusing on cane development and yield improvement (Page 8, 10). - Revenue contribution from sugar expected to stay strong; ethanol share may improve with full sugarcane syrup availability (Page 4). - Overall revenue is likely to improve gradually, with growth driven by higher sugar volumes and ethanol production; however, exact predictability remains challenging due to multiple external factors (Pages 7, 12-13).

- FY '26 profit recovery to INR150 crores (similar to FY '22/'23) is uncertain; considered a stretch though management is working towards it. - Earnings in sugar and ethanol segments are subjected to many external probabilities making prediction difficult. - Ethanol EBIT margins expected to improve slightly in FY '26 with increased production and feedstock availability, but precise margins are unpredictable. - Sugar crushing expected to increase in FY '26 compared to FY '25, with overall cane availability higher due to increased planting. - New cane varieties and red rot management initiatives underway; better yields and recovery expected starting FY '27. - No major capex planned for FY '26/'27, focus remains on cane development and operational improvements. - Power segment revenue and profit contribution expected to remain strong. - Overall, gradual improvement anticipated in FY '26, but exact growth is hard to forecast given variable market and environmental factors.

The transcript provided does not include any specific information about the current or expected order book or pending orders for Dhampur Sugar Mills Limited. The discussion focuses primarily on topics such as: - Sugarcane crushing volumes and yield expectations - Ethanol production and sales volumes with feedstock mix - Pricing outlook for sugar, ethanol, and power tariffs - Impact of red rot disease and varietal changes on sugar recovery - Financial results including revenue, profitability, and segment-wise contributions - Capex plans (none significant for FY '26) - Inventory levels and valuations No explicit mention is made regarding any order book or pending orders during the call or in the accompanying transcript.