S P Apparels Ltd

- For the acquisition, financing is planned as follows: - Rs. 165 Crores for buyout of shares will be funded through internal accruals. - Rs. 58 Crores for the garment unit will be supported by bank debt. - Currently, about Rs. 125 Crores of investments are available, which will be leveraged for the buyout. - An additional Rs. 70 Crores of incremental debt is expected to be borrowed for the acquisition. - No explicit mention of fresh equity fundraising in the disclosed pages. - Overall, fundraise for acquisition is a mix of internal accruals and debt borrowing, with no new equity issuance announced.

- No immediate modernization planned for Young Brand Apparel's existing facility; will continue with current 330 Crores business. - Plans to improve utilization at Young Brand from current 70% capacity. - No expansion planned for Young Brand facility; potential modernization only. - Acquisition includes garment unit at Palladam and leasehold land for future expansions. - Sivakasi factory plans around 400 machines in the first phase, targeting 60-80 Crores revenue by FY2026. - Additional factory from acquisition expected to add 80-100 Crores in top line. - Possibility of increasing capacity on 26 acres of land owned by Young Brand. - Funding for acquisitions through mix of internal accruals and bank borrowings (~70 Crores debt). - Overall strategy includes expanding product portfolio into intimate wear, lingerie, and diversified garment segments leveraging new assets and facilities.

- SP Apparels aims to increase garment division business by 10-15% in FY2025. - Young Brand, currently at ₹330 Crores revenue, is expected to maintain and grow by additional ₹20-30 Crores within 12 months post-acquisition. - The new Sivakasi factory (400 machines) is expected to generate ₹60-80 Crores revenue by FY2026 at full capacity. - Capacity utilization from the newly acquired Tripur factory is targeted to increase from 1,200 to 1,500 machines in 12 months, potentially adding ₹50-60 Crores revenue. - Overall, post-acquisition combined revenues are expected to reach approximately ₹460 Crores over 2-2.5 years. - Volume growth anticipated at 10-15% for FY2025. - Unit realizations to improve with diversification into ladies, men’s, and intimate wear products. - FY2024 revenue expected around ₹370-400 Crores for Young Brand; further growth expected in FY2025.

- SP Apparels aims to increase business by 10-15% in FY2025, driven by expansion in existing and new factories including the Sivakasi unit and Young Brand acquisition. - The newly acquired Young Brand, with current revenues around Rs. 330 Crores, is targeted to grow by Rs. 20-30 Crores over the next 12 months, with EBITDA margins expected to improve from 11% to 15% initially, and potentially up to 18% long-term. - The addition of the new factory (about 1,500 machines from 1,200) is expected to add Rs. 50-60 Crores in business, leading to a total revenue target near Rs. 400 Crores in the next financial year. - Overall EBITDA margins for SP Apparels and Young Brand are targeted to move toward 18-20% in the long run. - EPS growth reflects PAT growth, with standalone PAT up 12.2% YoY and quarterly PAT growth at 37.5%, indicating improving profitability trends. - New factory capacity utilization (Sivakasi) expected to contribute meaningfully in FY2026 with Rs. 60-80 Crores revenue potential.

- As of Q3 FY2024, the order book was roughly ₹400 Crores. - The order book is described as "wavering" and fluctuates depending on delivery timelines (3 to 12 months). - Expected revenue range based on current order book and business conditions is ₹370 Crores to ₹410 Crores. - Execution challenges have prevented full realization of the order book in Q3 revenue (₹257 Crores). - Post-acquisition, the newly acquired factory and Sivakasi facility are expected to add ₹80-100 Crores in revenue. - For FY2025, combined revenues (including new assets) could reach around ₹460 Crores over two years. - The company expects to increase capacity utilization and order inflow, particularly with expanded product lines (men’s, ladies, intimate wear). - No major execution issues indicated, and growth plans are ongoing.