DigiSpice Tech.

- Currently, the company is a zero-debt entity, with only some overdraft and fixed deposit arrangements for treasury management. - For expansion plans, including NBFC initiatives, the company will evaluate the right mix of debt and equity financing. - They aim to grow cash flow and capital efficiency without compromising growth. - If additional growth capital is needed beyond internal accruals, they will approach the Board to discuss formal fundraising plans. - The company is not currently raising capital but is open to future fundraising as needed. - They see other players raising capital as a positive sign validating the business model and industry organization.

- DiGiSPICE plans to simplify and restructure its corporate structure, merging Spice Money into DiGiSPICE and making Spice Money the listed company, aiming for a cleaned-up structure post regulatory approvals. - The company is investing in building its NBFC business, with applications submitted for regulatory approvals; investments will focus on lending primarily to its merchant base (Adhikaris). - Digital product investments are underway, especially in UPI linked wallet solutions targeting rural customers without operable bank accounts for UPI. - Investment focus also includes technology development, marketing (to drive adoption and usage in rural markets), and strengthening underwriting and risk capabilities. - Expansion and training investments will support increasing capacity and capability of the existing Adhikaris network to enhance banking and credit distribution. - Future capital needs and fundraising plans will be considered based on cash flows and growth requirements; currently, the company is zero-debt and focusing on capital efficiency.

- The company expects growth through expansion of new product lines such as collections, banking, and credit distribution. - Focus on increasing business per merchant and penetrating formal secured credit products like gold loans, loans against property, and commercial vehicles. - Growth anticipated in assisted payments with new products enhancing customer transactions. - Aim to build product-market fit for UPI linked to wallets, targeting consumers without fully functional bank accounts. - Expansion in merchant network density and training to increase capacity utilization and service offerings. - Planned growth in credit and savings products, leveraging own NBFC for lending, which will add new income streams. - Gradual improvement in operating leverage and profitability expected with focus on fintech business. - Business to benefit from increasing organization and competition validation as peers list on exchanges. - Revenue growth also expected from cross-selling through existing large Adhikari base and subscription packs.

- Company is transitioning to a pure fintech focus, specifically through Spice Money, indicating streamlined operations. - New product lines around collections, banking, and credit distribution are expected to drive growth in business per merchant and overall income. - Credit business is anticipated to be a major contributor to future income. - PAT margins are improving following discontinuation of non-core businesses; the company has turned the corner from loss to profit in recent quarters. - Operating leverage opportunities are expected with increased scale and product diversification. - Specific earnings/profit guidance and EPS projections are not provided yet; management aims to share more detailed year-on-year projections by Q4 FY25. - Focus remains on achieving product-market fit, cost control, and capital efficiency before aggressive monetization. - Growth driven by deeper penetration in rural India through UPI wallet products and expanding merchant network density.

- Initially, the order book will start with Adhikaris who are more engaged and doing more transactions on the platform. - This segment is prioritized due to higher engagement and better underwriting and risk management capability. - The management aims to strengthen Assets Under Management (AUM) in the coming quarters. - The NBFC team will join future calls as more clarity on regulatory approvals for NBFC operations is attained. - The focus will be on building the book with these core active Adhikaris before expanding further. No specific quantitative figures on the current or expected order book size or pending orders are provided in the transcript.