Rain Industries Ltd

- Raised US$44 million through Euro-denominated Secured Notes due in April 2025 to fund medium-term cash requirements (Page 26). - Major long-term debt repayments are scheduled to begin in October 2028 (Page 26). - The company closed the latest quarter with gross debt of US$918 million and net debt of US$699 million, with plans to reduce leverage ratio from 3.9x to about 3.0x as performance improves and debt gets paid (Page 25). - Liquidity position is strong with US$428 million in total cash and undrawn credit facilities, enabling repayment of existing debt without immediate need for new fundraising (Page 25). - No specific mention of new equity fundraising; focus remains on managing costs, optimizing operations, and efficiently managing debt (Pages 25-28).

- New research and development laboratory and demonstration plant for Energy Storage Materials and Battery Anode Materials being established in Canada. - Receipt of government grants in Canada supporting this initiative. - Demonstration plant aims to solidify RAIN’s reputation in battery technology and explore new applications and supply chain opportunities. - Approximately USD 78 million spent on maintenance capital expenditures and plant turnarounds across all locations during 2024. - Ongoing focus on optimizing operations, controlling costs, and maintaining competitive edge. - Strategic positioning to capitalize on the growing battery anode materials (BAM) sector driven by demand for Green Petroleum Coke (GPC). - Medium-term funding secured through USD 44 million Secured Notes due in April 2025; major long-term debt repayments start in October 2028.

- Carbon segment: Expected increase in CPC sales volumes throughout 2025 due to ramp-up of vertical shaft calciner capacity in India and restart of global blend strategy after import restriction relaxations. Modestly higher volumes anticipated in carbon distillation business driven by European aluminium smelter demand. - Cement segment: Promising growth in 2025 projected, fueled by strong rural and urban demand and government infrastructure spending, particularly irrigation and new capital projects in Andhra Pradesh; industry expected to grow 8%. - Advanced Materials segment: EBITDA positive with continued strong performance expected into 2025, supported by resilient non-seasonal product volumes and improving industrial production in Europe and the US. - Overall: Management optimistic about achieving sustainable growth, with focus on cost management and efficiency to navigate market uncertainties.

- The company aims to re-establish normalized operating margins in 2025, focusing on raw material quality and pricing to stabilize performance. - Expected improvement in debt leverage ratio from 3.9x to approximately 3.0x as performance improves and debt repayment continues. - Cement segment outlook for 2025 is promising with anticipated 8% industry growth driven by rural/urban demand and government infrastructure projects. - Advanced Materials segment maintained positive EBITDA despite seasonality; expected to perform well in 2025 with improving economies in Europe and the US. - Carbon segment volumes expected to rise modestly in early 2025, driven by European aluminium smelter demand; cost optimization and market factors to support EBITDA. - Overall, cautious optimism for 2025 earnings growth with improvements driven by volume increases, cost controls, and favorable market conditions.

The provided document (pages 1-29) does not explicitly mention the current or expected orderbook or pending orders for Rain Industries Limited. The focus is primarily on financial performance, market outlook, operational updates, and strategic initiatives. Key highlights include: - Optimizing manufacturing plants and global blending strategy for CPC. - Expansion in battery materials with new R&D labs and demonstration plants. - Positive outlook for aluminium, cement, and advanced materials sectors. - Improved cost management and debt reduction plans. - No direct disclosure or data on current orderbook or pending orders is provided in the transcript. If you need detailed orderbook or pending order information, it may be available in other company disclosures or detailed quarterly reports not included here.