Trishakti Indus

- Currently, Trishakti Industries Limited is not planning any new fundraising through equity or debt. - CapEx for the INR 400 crore plan is being funded primarily through internal accruals. - The company recently closed a preferential equity round, raising around INR 28 crores. - They believe internal accruals are sufficient to support the CapEx and monthly machine purchases. - Debt reduction is planned as free cash flow starts generating; machines becoming "free" of debt implies an eventual debt-free status. - Working capital loans or discounting of bills are options but not currently heavily utilized. - Post completion of the current CapEx and balance sheet restructuring, the company plans to seek a credit rating in the next financial year for potential future financing. - No immediate plans for external fundraising, with focus on organic growth supported by strong cash flows.

- The company has a planned CapEx target of INR 400 crore through FY28. - INR 130 crore of CapEx has already been deployed. - Remaining INR 270 crore CapEx is expected to be spread over the next financial year, potentially around INR 150 crore, with phased investment focusing on high tonnage and specialized machinery. - CapEx is funded primarily through internal accruals and recent equity raised (~INR 28 crore from preferential rounds). - No immediate external fundraising planned; internal cash flows considered sufficient for ongoing CapEx. - Monthly repayments on term loans for CapEx expected around INR 8 crore, with plans to make assets debt free within 3-4 years. - Strategic focus remains on expanding fleet primarily for domestic markets, with cautious approach towards Middle Eastern expansion due to market challenges. - CapEx supports scaling operations particularly in renewable energy, steel, infrastructure sectors.

- Current revenue guidance for FY26 is INR 22 crore, with an achieved run rate (ARR) of INR 36 crore indicating strong momentum. - Expect revenue to significantly increase in FY27, potentially doubling as most new machines recently purchased start generating revenue. - Anticipated 90%-100% growth in EBITDA in the next financial year, driven by fleet expansion and order book growth. - Revenue growth mainly driven by new client additions and fleet addition rather than rate increases. - Revenue mix expected to diversify in H2 FY26, with steel and infrastructure sectors gaining share alongside renewable energy. - Order book supports future revenue, with INR 36 crore ARR representing a 12-month order backlog. - Management confident about continued demand, especially with significant CapEx ongoing to expand fleet and meet growth. - No major revenue interruptions expected; strong order inflow and expanding customer base underpin growth visibility.

- FY26 revenue guidance is INR 20-22 crores, but the company is currently at an INR 36 crore annualized run rate (ARR), indicating better-than-guided growth for FY26. - Majority of new machines were purchased recently; revenue growth and profitability will accelerate notably in FY27 with a projected 90-100% increase in EBITDA compared to FY26. - CapEx of INR 400 crores planned through FY28 will expand the fleet and boost revenues; INR 130 crores already deployed. - Operating cash flow and internal accruals are strong, supporting sustained growth without heavy fundraising. - Margins expected to return to around 65% in upcoming quarters after a one-off cost impact in Q2. - Order book strength with INR 36 crore ARR provides good revenue visibility. - Long-term strategy targets scaling operations with a focus on infrastructure and renewable sectors, indicating strong EPS improvement potential.

- The Annualized Run Rate (ARR) order book is INR 36 crores, representing a 12-month order book. - For the next six months (H2 FY26 to H1 FY27), the expected revenue from the order book is INR 26 crores (INR 36 Cr minus INR 10 Cr already achieved). - The company is confident about having sufficient order book to support revenue guidance. - Active efforts are underway to secure more contracts to expand the order book and increase ARR. - Even if no expansion occurs, the current order book supports revenue stream for the upcoming six months.