RSWM Ltd

- There is no current plan for new fundraising through equity or debt as of now. - The company is working on a ₹740 crore investment project in Jammu, which is still under discussion. - Planning for this investment, including funding options such as rights issue, placement, or QIP, has not started yet. - The company intends to finalize and initiate the investment plan only after 31st March 2025, targeting the upcoming financial year. - Until then, they are focused on working on a profitable financial model for the investment. - No exceptional items or fundraising measures are planned in the near term to impact the bottom line.

- RSWM reported a 15.7% YoY revenue growth in Q2 FY25, reaching ₹1,166 crores, and 24.4% growth in H1 FY25 to ₹2,374 crores. - Expansion of product range, including sustainability products, and new customer additions support growth. - Fabric division grew 22% YoY, driven by new orders, brand additions, and improved product quality. - Export orders and new product portfolios are key growth avenues. - Plans underway for a potential ₹740 crore investment project in Jammu, expected post-March 2025, to further expand capacity. - AI-driven forecasting and industry 4.0 technologies aim to optimize raw material procurement and supply chain, enhancing operational efficiency. - Management is cautiously approaching future CapEx, waiting for improved demand outlook before large expansions. - Overall strategy focuses on diversifying markets, expanding product offerings, and scaling operations to sustain revenue and volume growth.

- RSWM expects **improvement in bottom line** by year-end but is cautious, awaiting next two months to gauge performance (Page 9). - No **exceptional items** are currently anticipated to bring profits in black (Page 9). - The company aims to **improve EBITDA margins** through cost optimization, reducing finished goods stock, and improving operational efficiencies (Page 7). - Revenue growth driven by new acquisitions and expanded product portfolios indicates potential to sustain growth (Page 7). - Fabric division profitability expected to **improve in H2 FY25**, driven by demand and market recovery (Page 6). - AI-driven tools like **cotton forecasting** for cost optimization in raw material procurement are expected to enhance margins (Pages 4-5). - Expansion plans on hold until demand outlook improves, showing cautious capital expenditure approach (Page 4). - Overall, management is confident about **sustained growth and operational improvements** leading to better profitability in upcoming quarters (Pages 3-4).

- RSWM Limited is seeing growth driven by new export orders. - The company is adding new customers and products to its portfolio, indicating a growing order book. - The fabric division, including denim, has seen improvement and is expected to deliver profits in Q3 and Q4 FY25. - Orders from more brands are increasing, supporting higher profitability. - No specific numbers on the current or expected order book were disclosed in the transcript. - Management mentioned ongoing efforts to expand markets and reduce regional dependence, which could positively impact future orders.

- RSWM is approaching future capital expenditures cautiously given the current environment. - No exploration of CapEx other than routine maintenance CapEx is planned at present. - The Jammu project, involving a proposed ₹740 crore investment, is still under discussion, with planning to proceed after 31st March 2025. - No definitive funding strategy for the Jammu investment has been decided yet; management is working on a profitable financial model. - Capital investment is planned to upgrade machinery in spinning units to improve efficiency, but the exact CapEx amount is still under management discussion.