Sanathan Textiles Ltd

- No big new debt is planned in the near future. - Current peak gross debt is around INR 1,500 crores. - The company expects repayments (payouts) of close to INR 100 to INR 125 crores every year. - New capex related debt will come in phases with commissioning; however, this will be capitalized till commissioning. - Consolidated finance cost is expected to remain north of INR 125 crores. - Overall, debt levels are expected to reduce gradually due to repayments. - No specific mention of new equity fundraising was made in the discussion.

- Phase 2 expansion of Punjab facility aiming to be commissioned by FY27 end; equipment orders and announcements forthcoming. - Cotton yarn expansion planned in Madhya Pradesh with 72,000 spindles; land (50 acres) purchased for INR 26 crores; expected possession in late calendar year 2026. - Technical textiles capacity expansion with commissioning expected by end of Q1 FY27. - Investment in 32 MW hybrid solar power in partnership with Serentica, phased over next 12-15 months starting July 2026, to reduce power costs. - No major new debt planned; current gross debt (around INR 1,500 crores) is peak, with anticipated repayments of INR 100-125 crores annually. - Internal plans being developed for growth beyond Phase 2, including potential forward integration or new facilities, details to be shared later.

- FY27 revenue guidance is around INR 5,600 - 5,700 crores, with EBITDA north of INR 500 crores. - By FY28, with full ramp-up of Punjab Phase 2 and proposed cotton yarn expansion in Madhya Pradesh, peak revenue expected at INR 7,500 - 7,700 crores. - Phase 2 of Punjab expansion targeted for completion by end of FY27, adding approximately INR 4,000 crores revenue. - Cotton facility in Madhya Pradesh expected to contribute around INR 400 crores. - Capacity utilization for polyester expected to rise from current ~60-62% blended to 80-90% next year. - Technical textiles volume expected to double in FY27. - Company plans growth through operational stabilization, product diversification, and leveraging improved industry demand. - No immediate large debt planned; focus remains on prudent capital allocation for growth.

- FY27 revenue guidance is around INR 5,600-5,700 crores with EBITDA targeted north of INR 500 crores. - Aim to achieve double-digit EBITDA margin on a consolidated basis once Punjab facility utilization improves. - PBT for FY27 is expected to be in the range of INR 225-250 crores, with potential upside if margins improve post geopolitical stabilization. - Interest costs to reduce quarter-on-quarter as term loans are repaid, though consolidated finance cost likely to remain above INR 125 crores. - Phase 2 expansion of Punjab facility and cotton yarn expansion in Madhya Pradesh expected to lift revenue to around INR 7,500-7,700 crores by end FY28. - Operational stabilization, product diversification, and scaling up technical textiles are key drivers for sustainable growth. - Expansion phases and improved utilization should lead to better absorption of depreciation and interest costs, enhancing operating leverage and free cash flows going forward.

The transcript does not explicitly mention specific details about the current or expected order book or pending orders for Sanathan Textiles Limited. However, relevant insights include: - The Punjab Phase 1 facility has been commissioned and ramped up, with ongoing efforts toward Phase 2. - The company has a stable and growing customer base at Punjab, adding new customers daily, indicating healthy order inflow. - Export orders remain around 5% of Silvassa volume, with potential for growth domestically and stable export contribution on a consolidated basis. - The management expresses confidence in demand environment recovery, export sentiment improvement, and increasing inquiries, implying a positive order outlook. - No explicit figures or order backlog details were disclosed during the call. Thus, while specific order book numbers are not provided, Sanathan Textiles indicates robust demand and an expanding customer base supporting strong future order flow.