Krishna Defence & Allied Industries Ltd

The transcript does not mention any current or future plans for fundraising through debt or equity. Key points related to financials and capacity include: - No explicit discussion of new debt or equity raising. - Capex plans for FY2023 are minimal, around Rs. 1 to 1.5 Crores, mainly for automation. - The company has already done infrastructure and Capex required to service orders for the next couple of years. - Current capacity utilization is about 35%, with ability to service business over Rs. 100 Crores with minimal additional Capex (~Rs. 1.5 Crores). - Focus is on maximizing existing resources, especially to capitalize on defence sector opportunities. Hence, based on the information available, there are no announced plans for fresh fundraising via debt or equity.

- For FY2023, Krishna Defence and Allied Industries Limited has completed the necessary infrastructure and Capex to service orders for the next couple of years. - Planned Capex includes mechanization/automation to reduce workforce dependence, estimated at around Rs. 1 to 1.5 Crores. - Minimal Capex of approximately Rs. 1.5 Crores is expected to ramp up capacity to service business over Rs. 100 Crores without requiring major expansions. - The company is focusing resources on defense segment with promising opportunities and currently not planning to enter new business segments. - Engaged in collaboration talks with foreign companies to take technology and build products domestically, but no formal agreements or strategic investments are finalized yet.

- The company aims to grow its revenues at a rate of about 40% to 50% year-on-year for the next three years. - Current order book stands at around Rs. 18 to 19 Crores, predominantly in defence (85%) and dairy segments. - The Indian Navy plans to expand to around 145 ships over the next 20 years, presenting significant opportunities. - No new projects came up in the last two years due to COVID-19; expected spillover of projects from 2019-2020 into current and coming years. - Capacity utilization is currently about 35%; minimal Capex (~ Rs. 1.5 Crores) will allow servicing business over Rs. 100 Crores. - Company plans to add two new defence products annually, including improved space heating devices and naval ammunition. - For the dairy segment, automation and robotic milk collection units are being developed for growth.

- The company targets revenue growth of approximately 40% to 50% year-on-year for the next three years, driven by defence segment expansion. - Existing defence products include bulb bars, weld consumables, and ballast bricks; two new products are planned to be added each year. - Ongoing development includes improved space heating devices and naval gun ammunition, expected to contribute to future sales. - EBITDA margins for defence segment anticipated at 15% to 20%, with expected improvement due to economies of scale. - Minimal additional Capex (~₹1.5 Crores) required to support business growth beyond ₹100 Crores, indicating operational leverage potential. - The company aims to focus fully on defence, deemed highly promising, to utilize its full potential, enhancing profitability. - PAT showed a 32.26% increase in FY2022; with expected order inflow and operational scaling, earnings and EPS are projected to grow correspondingly.

- The current order book stands at approximately Rs. 18 to 19 Crores. - Around 85% of the order book is for the defence segment, with the remaining towards the dairy industry. - The company primarily supplies to defence clients such as Mazagon Dock, KRAC, CSL, and other shipyards. - The company anticipates good order inflows in the coming years due to the Indian Navy's expansion plans for about 145 ships in the next 20 years. - New naval projects that were delayed due to COVID are expected to spill over and generate orders in the near term. - The lead time for orders ranges between 3 to 5 months typically, depending on order size and complexity.