Shalimar Paints

The transcript and provided pages do not specifically mention the current or expected order book or pending orders for Shalimar Paints Limited. The discussion primarily focuses on: - Revenue growth and financial performance for Q3 and nine months FY23. - Market expansion strategies and increasing dealer network. - Growth outlook in Industrial Paint and Decorative segments. - Collaboration with Infra.Market for customer access. - Capacity expansion plans and modernization of plants. - Goals for 20-30% annual growth and improving market reach. No direct details or quantitative data on order book or pending orders are disclosed in the transcript.

- The transcript does not mention any current or immediate plans for new fundraising through debt or equity. - There is reference to a past equity infusion by Infra.Market Hella Infra into Shalimar Paints around February-March, which helped build a strong team and provided strategic support. - No specific comments were made by management about future plans to raise funds via debt or equity during this call. - The focus was more on internal growth, expansion of capacity, increasing distribution reach, and leveraging existing partnerships for market expansion. - The company is concentrating on organic growth and capacity enhancement rather than external fundraising at this time.

- The company is expanding capacity across all field locations including North, South, and West, with feasibility studies underway in the East. - One plant in the North is undergoing significant modernization, almost a complete overhaul. - Other two plants, being relatively new (within last 5-10 years), will undergo brownfield expansions by adding machinery. - These expansions are expected to significantly increase capacity within the next 24 months. - The company aims for 20-30% year-on-year growth, supported by these capacity expansions. - Strategic partnership with Hella Infra and Infra.Market has helped build a strong team, vision, and access to new customers and markets. - Infra.Market is also planning to open its own stores carrying Shalimar materials, potentially contributing to future growth. - Focus on building distribution reach through models like Sales-as-a-Service (SaaS) and Build-Operate-Transfer (BOT) to penetrate more markets.

- Shalimar Paints aims to grow sales/revenue by 20% to 30% year-on-year, maintaining this growth over the next 3-4 years. - The company targets increasing market reach from the current 5% to approximately 15%-20%. - Growth strategy includes expanding distribution networks, dealer base, and reach via new sales models (SaaS, BOT). - Plans to increase sales volumes by adding new customer segments within Industrial Paints, growing from 10-11 segments to 13-14. - Capacity expansion underway through modernization of older plants and brownfield expansions, expected to significantly boost capacity in 24 months. - Leveraging strong relationships, e.g., with APL Apollo, and Infra.Market for new customer access and channel development. - Enhancing brand awareness through increased marketing targeted at retailers, contractors, and influencers. - The goal is to grow topline towards Rs. 2,000 to Rs. 2,500 crores in the medium-term from the current ~Rs. 500 crores.

- Shalimar Paints targets a growth rate of 20-30% year-on-year over the next 3-4 years, leveraging its small current market share. - The company aims to grow topline steadily, expecting revenues for FY’24 around Rs. 475-495 crores based on current trends. - Expansion plans include modernizing an old plant and brownfield expansion at two newer plants, enhancing capacity significantly within 24 months. - Increased focus on Industrial Paints with plans to add 2-3 new vertical segments, increasing customers and sales per customer, supports growth. - Marketing efforts will intensify to build consumer connect, especially via dealer and painter engagement. - Profitability improving with gross margin at 27%, EBITDA positive this year, and prudent cost control. - Long-term aspirations project scaling capacity towards Rs. 2000-2500 crores annual revenue potential.