V2 Retail Ltd

- No new debt fundraising planned for FY23 as per Akash Agarwal; CAPEX for new stores will be funded through internal accruals. - Current debt stands at ₹47-48 crores and is expected to reduce to about ₹25-30 crores by the end of next year. - Future CAPEX primarily for store expansion (25-30 new stores planned), supply chain automation, and technology upgrades, funded internally. - No mention of any equity fundraising in the discussion.

- FY22 saw minimal CAPEX as only 3 stores were opened; CAPEX per store is about ₹1.1 to ₹1.2 crores. - For FY23, planning to open about 25 new stores, requiring CAPEX of ₹30 to ₹35 crores. - Additional CAPEX of ₹2 to ₹3 crores expected in supply chain/warehouse automation. - Technology CAPEX forecasted at around ₹5 crores for FY23, not related to manufacturing. - No further investment planned for manufacturing expansion; reliance on contract manufacturers beyond current capacity. - E-commerce technology investment of ₹1 to ₹2 crores anticipated to optimize logistics and marketing. - CAPEX funding will come entirely from internal accruals; no additional debt planned. Overall, strategic investments focus on store expansion, technology upgrades, and supply chain automation.

- Target to open 2 lakh sq. ft. of new retail area in FY23, increasing total area to around 1.3 million sq. ft. - Aim for ₹725 revenue per sq. ft. sales with a gross margin of 32%, and expenses around ₹170 per sq. ft. - Target ₹1050 crores sales turnover with ₹85 crores EBITDA in FY23. - Expect positive single-digit same-store sales growth (SSG) to reach pre-COVID levels in FY23. - Plan to increase e-commerce sales from ₹21 crores (9 months FY22) to ₹50 crores in FY23, focusing on omni-channel expansion. - Aspires to maintain inventory days at 90 days with efficient stock management to support higher revenue without increased working capital. - Manufacturing contribution expected to grow from 15% in Q3 FY22 to 35% in FY23 to improve cost efficiency. - Conservative EBITDA target for FY23 is around 8%, with potential upside as manufacturing efficiencies improve.

- For FY23, V2 Retail targets sales turnover of around ₹1,050 crores with an EBITDA of about ₹85 crores. - EBITDA margin target is around 8%, with potential upside to 10-11% if own manufacturing yields efficiencies. - The plan includes opening 25 new stores adding approximately 200,000 square feet, totaling about 1.3 million square feet retail area. - Target sales per square feet is ₹725 with a gross margin forecast of 32% and operating expenses of ₹170 per square feet. - Profitability will be maintained through gross margin management; if sales per square feet targets are missed, 1-2% improvements in gross margin may be pursued. - No significant debt planned; CAPEX mainly funded by internal accruals. - Efficiency improvements in manufacturing (targeting 70% vs current 60%) expected to reduce costs by 3%, enhancing margins. - Positive same-store sales growth and recovery expected post-COVID with a positive outlook for FY23 EPS growth.

The provided transcript from the V2 Retail Limited Q3 & Nine Months FY22 Earnings Conference Call does not explicitly mention details about the current or expected order book or pending orders. The discussion mainly focuses on: - Inventory levels and management strategies (targeting 90 days inventory). - Store expansion plans (adding 5-6 stores in Q4 FY22 and about 25-30 stores in FY23). - Sales performance and product category mix. - Impact of lockdowns on inventory and discounting strategies. - Financial metrics like gross margins, EBITDA, and debt position. No specific information on order book or pending orders was disclosed in the available pages.