DigiSpice Tech.

- There is no explicit mention of any current or planned fundraising through debt or equity in the provided pages. - The company highlights that it is a zero debt business, focusing on staying asset-light and driving operating leverage. - Investment is being made internally, especially in new engines like Lending and Spice Pay, funded through existing operations. - The company aims to continue reinvesting in business growth areas such as lending, savings, investments, and insurance but does not indicate raising external capital. - Overall, the emphasis is on organic growth and internal funding rather than external fundraising through debt or equity at present or in the near future.

- The company continues to invest in new engines, such as innovative product distribution including Lending, Savings, Investment, and Insurance. - Investments in new product capabilities and capacity building for agents are ongoing to enable distribution of more financial products. - In the last financial year, approximately Rs. 11 crores were invested in new engines, which has now reduced to about Rs. 1 crore per quarter, indicating continued but more controlled capex. - Focus on building product infrastructure like an open API stack for secured credit distribution is underway, expected to scale in H2 of FY 2027. - Strategic investments also include technology-led agency models aimed at cost-effective financial product distribution. - Overall emphasis is on asset-light operations with building operating leverage and financial services infrastructure for deep penetration in Bharat.

- Expectation of revenue growth through deeper penetration and increased transaction volumes driven by expansion of agent base and product suite (AePS, CASA, lending, insurance). - Q3 showed muted GTV and revenue due to subsidy normalization and lending slowdown, but growth anticipated as lending and collections recover. - Focus on cross-sell and up-sell of financial products (credit, savings, insurance) to drive volume and revenue expansion. - Improving operating efficiencies and gross margins (44-47% range expected) support profitability while scaling. - Growth in lending disbursements, including own proprietary lending model and MSME loans, is a key revenue driver going forward. - Expansion of financial distribution grid and increase in UPI and cash deposit points expected to boost transaction volumes. - Anticipate overall revenue increase in Q4 supported by renewed lending activity and product diversification.

- The company expects operational efficiencies to sustain gross margins around 44-45% quarterly on average, supporting profitability. - Operating leverage is beginning to kick in, with indirect costs held steady YoY, and gross margin growth contributing directly to EBITDA improvement. - Q3 and nine months FY 2026 showed significant PAT growth (Rs. 21 Crores vs. Rs. 4 Crores YoY), driven by margin improvements and cost control. - Credit and Spice Pay are emerging growth engines, with credit disbursements showing strong traction and moving toward profitability. - The company plans to add more financial products via its agent network, expected to drive transaction volumes and revenue growth. - While Q3 was muted due to subsidy seasonality and industry consolidation in lending, management is optimistic about revenues improving from Q4 onward. - Efforts to build a full-stack financial service platform and deepen market penetration in small town/rural Bharat underpin long-term growth ambitions.

The transcript on page 16 does not explicitly mention any details regarding the current or expected order book or pending orders for DiGiSPICE Technologies Limited or Spice Money Limited. The discussion focuses on operational performance, business models, product lines, market positioning, liquidity impact, and future outlook in the financial services sector but does not provide specific information on order book status or pending orders. Therefore, based on the available transcript: - No information provided on current order book or pending orders. - Focus is on growth, agent network expansion, product distribution, and financial services penetration. - Emphasis on strengthening lending, payments, collections, and financial distribution platforms. If you need information on order book status, this might be available in other filings or reports not included in this transcript.