United Drilling

- There is no explicit mention of any current or future fundraising through debt or equity in the provided transcript from the call on page 18 or surrounding pages. - The company discusses ongoing capital expenditures (capex) related to expansion like the Mundra and Kandla plants, with estimated capex around Rs.30-45 Crores. - The increased loans and advances in cash flow are attributed to payments related to land and assets for these projects, not new fundraising. - The company appears to be funding expansions through internal accruals and existing financial resources rather than raising new equity or debt at this stage. - Management does not mention plans to raise new capital or refinance existing borrowings during the call.

- Construction of Kandla/Mundra plant is underway, expected to be completed by March 31, 2022, to double production capacity to ~300 Crores revenue. - Total Mundra plant capex estimated around 30-45 Crores (initially 30 Crores plus potential additional 10-15 Crores). - Purchased new corporate office in Noida, located in a high-rise building by Supertech; asset worth about 14 Crores under CWIP. - Discussions ongoing for inorganic acquisitions in Europe to gain direct entry into international markets, though still at early stages. - Aim to scale production capacity significantly to support targeted revenue growth (up to 300 Crores) with current and planned capex.

- The company expects a revenue growth of around 35% to 40% in FY2023 driven by higher crude oil prices and increased inquiries both domestically and internationally. - Expansion of capacity with new plants in Mundra and Kandla aims to double capacity to around 300 Crores, supporting higher sales volumes. - Export revenues are targeted at 15% to 20% of total revenue in FY2023, with focus on markets like Middle East (Egypt, Libya, UAE), Vietnam, Russia, and South America. - Bid pipeline has increased from around 100 Crores to 300 Crores for FY2023, with a conversion rate of 50% to 60% domestically and 20% to 30% in exports, indicating order book expansion. - The company is also considering inorganic growth through potential acquisitions in Europe to gain market access. - Growth is expected across all product lines, with increased repeat orders and better market penetration due to new marketing representatives abroad.

- United Drilling Tools expects revenue growth of 35% to 40% in FY2023, driven by strong domestic and international demand fueled by higher crude prices and increased inquiries. - EBITDA margins are anticipated to maintain or improve from current levels, historically ranging sustainably between 35% and 45%. - Profit After Tax (PAT) margin improved to 30.26% in FY2022 from 22% the previous year, indicating profitability growth; further growth is anticipated with revenue expansion. - Earnings Per Share (EPS) rose to 24.8 in FY2022 from 15.09 the previous year, with expectations of sustained upward momentum corresponding with revenue and profit growth. - Capacity expansions (especially the Mundra and Kandla plants) are planned to double production capacity to about ₹300 Crores, supporting revenue scale-up without proportionate cost rise. - Ongoing efforts to increase international market penetration, including appointing marketing representatives and potential acquisitions in Europe, are expected to contribute to growth.

- The company has submitted bids totaling ₹300 Crores for FY2023. - Out of these bids, around ₹200 Crores pertain to the domestic market and ₹100 Crores to exports. - The expected conversion rate for submitted bids is approximately 20% to 30%. - Confirmed orders currently stand at ₹100 Crores, split between domestic and export markets (exact split not specified). - Export orders are increasing, supported by recently appointed marketing representatives in various countries. - Orders have shorter lead times, around 4 to 6 weeks, but manufacturing turnaround is 4 to 6 months, leading to higher inventory levels to meet quick delivery demands. - Internationally, bids face competition from 2-4 players typically, with expanding reach into regions like South America, Middle East, Egypt, Libya, Vietnam, Russia, and UAE.