Tara Chand Infra

- No decision has yet been made on raising equity capital; if any such plans arise, they will be announced in due course. - The Rs. 150-160 Crores CAPEX planned over the current and next year is targeted to be funded through internal accruals and debt. - Current secured term loans stand at approximately Rs. 70 Crores and are expected to remain stable over the next few years. - The company is paying back around Rs. 30 Crores of debt annually and aims to reduce the debt-to-equity ratio further from the current 0.9 times. - Supplier's credit is also utilized, which postpones immediate debt recognition on the books, allowing manageable repayment schedules.

- The company is planning a CAPEX of approximately Rs. 150-160 Crores spread over two years (current and next financial year), with about Rs. 80 Crores each year. - The CAPEX primarily focuses on equipment rental, especially large cranes, to double the net block of assets. - Deployment of new equipment is expected to begin from Q2 onwards. - Orders for the new equipment have been lined up as per business strategy but specific details are not disclosed. - CAPEX for the warehousing segment is limited because existing trailers and machines are sufficient for current contracts. - Funding for the CAPEX will be through internal accruals and debt; no decision on equity capital raising has been taken yet. - The company is maintaining sustainable yields on new equipment investments.

- The company targets an aggressive 30% Year-on-Year (YoY) growth in revenue going forward. - Growth is expected to be distributed across both warehousing & logistics and equipment rental sectors, with potentially higher growth in equipment rental due to greater CAPEX. - New order wins, especially in equipment rental, are anticipated in Q3 and Q4, traditionally strong periods. - Sustainable EBITDA margins are projected between 50%-55% for equipment rental. - The company aims to maintain or improve current yields, with better visibility on yield increases expected by Q3. - Plans to expand into renewable energy sector leveraging existing fleet capacity, potentially boosting revenue mix. - Continued focus on long-term contracts with stickiness due to specialized services and innovative handling techniques ensures steady volume growth. - CAPEX of around Rs. 80 Crores per year planned for fleet expansion supporting revenue growth.

- The company targets an aggressive 30% Year-on-Year revenue growth going forward. - Growth is expected to be evenly distributed across warehousing & logistics and equipment rental sectors, with potentially slightly higher growth in equipment rental due to more CAPEX. - EBITDA margins for equipment rental are expected to sustain between 50% to 55%, with overall company EBITDA around 33% aimed to be maintained or improved. - New orders and contracts pipeline is strong, with order execution periods of 5-7 years for warehousing & logistics and 6 months to 3 years for equipment rental. - CAPEX of ~Rs. 160 Crores planned over two years to support growth, mainly in equipment rental, with deployment starting Q2 onwards. - Company expects steady profitability supported by escalations clauses in contracts mitigating cost risks. - Efforts focus on sustained profitability and margin stability rather than only top-line expansion.

- Current order book stands at Rs. 138 Crores. - Order book composition: 55% from warehousing and logistics, 45% from equipment rentals. - Equipment rental orders usually range from 6 months to 3 years, extendable. - Warehousing and logistics contracts typically have an execution period of 5 to 7 years. - Anticipated surge in new orders during Q3 and Q4, especially in equipment rental segment. - Company targets aggressive 30% YoY growth in FY’25 supported by new order pipeline. - New contracts tend to be long-term with execution ongoing, some new contracts started in May ’24. - The Company actively participates in new tenders and evaluates contracts strategically. - CAPEX plans aligned with existing orders and visibility on future contracts ensure steady equipment deployment.