Som Distilleries & Breweries Ltd

- No new borrowings are currently expected for expansion; planned capacity additions will be funded through internal accruals and proceeds from preferential warrants. - The company has already received about Rs. 42.5 crores from preferential warrants issued to promoters and investors, with an expected additional Rs. 100 crores over the next year. - Recent significant debt repayments were made: Rs. 280 million in Q1 and Rs. 300 million in Q2 FY24. - Cash flow from operations and past rights/preferential issues have supported debt reduction. - The QIP (Qualified Institutional Placement) mentioned earlier is currently delayed due to investor conditions and is unrelated to debt repayment plans. - Future debt levels are expected to remain stable due to industry changes (excise duty paid at dispatch), with no immediate plans for further debt or QIP-based fundraising.

- Capacity expansion at Karnataka (Hasan) facility: Increasing capacity from 90 lakh cases to 1.5 crore cases (additional 60 lakh cases). - Capex for this expansion: Approximately Rs. 70-75 crores. - Timeline: Expansion expected to complete by March or April 2024. - Orders placed with suppliers from Germany and India for this capacity addition. - No current plans for capacity expansion in MP, as a new canning line was installed in March 2023. - Funding: Capex will be funded through a combination of preferential warrants (Rs. 42.5 crores received, Rs. 100 crores expected), and internal accruals; no debt expected for expansion. - Strategic permission obtained to supply beer to Rajasthan and Chhattisgarh, supporting regional expansion. - Plans for acquisitions or greenfield projects will continue, unaffected by the delay in QIP.

- Company expects continued strong growth trajectory in revenues and volumes. - Revenue guidance for FY24 revised upwards to Rs. 1,100 - 1,200 crores from earlier Rs. 1,000 crores. - Volumes expected to grow with new market entries in Rajasthan and Chhattisgarh. - Karnataka plant expansion to add capacity of 60 lakh cases, enabling revenues of about Rs. 270 crores at 90% utilization. - Focus remains on maintaining market share gains in key states (18-19% in Karnataka, 10-13% in others). - Beer sales accounted for majority of volumes; IMFL expected to complement beer sales, especially in lean season. - Capacity utilization in Karnataka currently about 90%, with optimism about scaling up new capacities. - No immediate debt-driven expansion; funding through internal accruals and preferential warrants. - Management optimistic on sustaining growth surpassing industry averages in near to medium term.

- SOM Distilleries & Breweries expects to maintain strong growth momentum in earnings and operating profits. - Revenue guidance for FY24 has been revised upward to Rs. 1,100 – 1,200 crores from earlier Rs. 1,000 crores. - EBITDA margin guidance stands at 12% to 12.5%. - Capacity expansions in Karnataka (to 1.5 crore cases) are expected to add around Rs. 270 crores revenue at 90% utilization. - Debt levels are expected to remain stable, with focus on repayment using internal accruals and preferential issues. - Market expansion into states like Rajasthan and Chhattisgarh is expected to fuel medium-term growth. - Continued focus on beer (90%-92% of sales) with some IMFL contribution complements growth, especially in lean seasons. - Despite short-term seasonality and election disruptions, the company remains optimistic about sustaining double-digit volume and revenue growth.

The provided transcript does not explicitly mention any details related to the current or expected order book or pending orders for SOM Distilleries & Breweries Ltd. The discussion mainly focuses on: - Revenue and growth figures - Market share and geographic expansion - Capacity utilization and upcoming plant commissioning - Debt repayment strategy and funding for expansion - Marketing and distribution strategies - Raw material costs and EBITDA margin guidance - Plans for acquisitions and contract manufacturing No specific data or outlook regarding order backlog or pending orders is disclosed in the transcript.