Sahyadri Industr

- Sahyadri Industries is undertaking capacity expansion in Maharashtra for a non-asbestos cement board plant with a capacity of 72,000 metric tons; land acquisition is in progress. - A new asbestos corrugated sheet manufacturing unit is being set up in Odisha with a capacity of 120,000 metric tons. - The Wada project is expected to be completed in the next 12 to 15 months (FY24-25 or early FY25-26). - CAPEX funding will primarily use internal accruals first; any additional required amount will be financed through conservative term loans. - Upon completion, the new capacities are expected to start at 60%-70% utilization, contributing approximately Rs. 40-50 crores incremental revenue in FY25-26. - No major capacity additions are planned in asbestos roofing in the near term; expansion focus is mainly in non-asbestos products and new geographical areas where Sahyadri is currently not present.

- No new asbestos roofing capacity addition expected in the next one year; existing capacity to be utilized fully (94% capacity utilization already reached). - Growth to come mainly from full capacity utilization and expansion in non-asbestos (value-added) products, targeting 25% of sales from value-added segment by end of FY. - New capacity additions likely beyond next year (not in immediate next year). - Market demand expected to absorb new non-asbestos capacities; asbestos segment capacity additions expected to be less than 5% of total industry capacity. - Channel inventory currently very light, indicating potential demand pull. - Price hikes (5%-6%) being implemented gradually to offset raw material cost inflation (fiber prices increased ~44%). - Q3 and Q4 expected to show better volume growth; Q2 seasonally slow but production maintained. - Expansion focus on new geographies, especially Uttar Pradesh and East India.

- No new capacity addition is expected in the asbestos segment in the next one year; growth will rely on improved capacity utilization of existing plants (currently at 94%). - Some plants could exceed 100% capacity utilization, supporting volume growth. - Focus on expansion primarily in non-asbestos businesses, especially in new geographies like UP and East India, indicating growth potential. - Price hikes of around 5-6% have been implemented; competition has also taken price hikes, maintaining pricing stability. - Raw material cost pressures are ongoing, but price increases are expected to improve margins gradually. - Volume growth anticipated in Q3 and Q4, supported by capacity ramp-up in new plants (e.g., Perundurai unit currently at 60% utilization, expected to reach 75% by Q4). - EBITDA margin pressures from raw material costs continue but expected to stabilize with pricing actions. - No specific forward guidance on margin or EPS, but management is optimistic on improving utilization and volume growth driving earnings.

The transcript provided does not explicitly mention the current or expected order book or pending orders for Sahyadri Industries Limited. However, relevant insights can be inferred: - No direct details on order book or pending orders were disclosed during the Q1 FY24 earnings call. - Focus was on capacity utilization (currently around 94%) and volume growth driven by increased sales from new capacity at the Perundurai plant. - The company expects better sales growth in Q3 and Q4 FY24, indicating a healthy demand environment. - Inventory levels at dealers and distributors are reportedly very light, suggesting strong demand pull. - No capacity additions are planned in asbestos business for the next year, but utilization of existing capacity will be maximized. - Price hikes and raw material cost pressures are ongoing but being managed. For specific order book details, one might need to refer to more detailed financial disclosures or management commentary from other periods.

- Sahyadri Industries expects an increase in debt levels to fund the Wada project, which is scheduled to complete in the next 12 to 15 months. - The company plans to exhaust internal accruals first before taking term loans for any balancing funds required. - The approach to debt is conservative, focusing on minimal borrowing beyond internal funds. - No specific mention of equity fundraising in the provided document. - CAPEX plans of Rs. 94 crores each in Orissa and Maharashtra are underway, with funding primarily expected through internal accruals and term loans if needed. - The Wada project CAPEX is expected to complete by FY24-25 or early FY25-26, with incremental revenue and capacity utilization benefits thereafter.