Shri Balaji

- There is no explicit mention of any current or future fundraising through debt or equity in the transcript. - Mr. Shrinivas Laxmikant Kole indicated ongoing consultations with stakeholders for utilization of the fourth plant but did not mention any specific financing plans. - Capex investments are being initiated for a recently acquired plot (D2 250 plot) with no detailed funding information shared. - The company is working on a total capex plan for the next few years but has yet to finalize or share details with investors. - Overall, no definitive plans or announcements regarding raising funds via debt or equity were disclosed during the call.

- Capex investment has been initiated on the recently acquired D2 250 plot from MIDC as per required norms. - Four new machines (2 CNCs and 2 BMCs) were purchased and are being commissioned from February to ease bottlenecks and improve delivery timelines. - The third plant is in final stages of commissioning, with plans to add a few new machines over the year. - Collaboration with 4 to 6 foundries across India (including Karnataka, Tamil Nadu, and Gujarat) as strategic partners for casting, supplying fully finished components to customers. - No immediate plans to integrate into valve manufacturing or to get into casting operations independently. - Management is working on a detailed capex plan for the next few years and will share specifics with investors later.

- Revenue is expected to surpass ₹100 crore by FY26. - Optimum revenue potential post-expansion is around ₹130 to ₹140 crore. - Growth trajectory aims to break the 80-90 crore revenue band and regain 30-35% growth seen pre-IPO within 1-2 years. - New product developments and broadening portfolio (flanges, triple offset valve bodies, discs) will fuel growth. - Collaboration with strategic domestic foundries to enhance casting capabilities. - International business expanding with new customers, including Middle East orders expected to reach $400,000 to $500,000 annually. - Improved operational efficiencies and reduced lead times (some orders within 4 weeks) support increased volumes. - Increased in-house forging capacity utilization will also positively impact topline and margins. - Domestic market growth, aided by government trade initiatives, contributes to positive momentum.

- The company aims to surpass ₹100 crore revenue by FY26 and reach ₹130-140 crore post-capacity expansion within the next two years. - Expected annual revenue potential from certain trial orders and product developments is around USD 5 million. - Operating profit margins are expected to be sustained at around 15-17%. - EBITDA and PAT margins are projected to be stable, with confidence in positive growth once trade tariffs issues are resolved. - Recent capacity improvements and addition of new machines will help reduce bottlenecks and improve on-time delivery, supporting top-line and EBITDA growth. - Earnings per share (EPS) showed positive momentum, increasing from 2.20 to 3.36 lakhs in H1. - The company plans to enhance product portfolio and expand domestic and international customer base to sustain long-term growth.

- Current order book is around ₹16 crore as of 15th January 2026. - The company expects to execute almost all orders within the next 6 to 7 weeks. - Around 90% to 95% of the orders are expected to be completed within 6 to 8 weeks. - A few orders (1% to 5% of the order book) may have longer execution periods. - The company is experiencing positive momentum in order execution despite some delays in Q3 due to Diwali vacations and bottlenecks. - Addition of 4 new machines (2 CNCs and 2 BMCs) is easing bottlenecks and improving on-time delivery.