Uniparts India Limited

I don’t know answers for all the questions as i recently took an exposure and still in the studying phase

1. In almost all the interviews, he said their business is asset light. If i am not wrong, less than 50% of the CFO they will spend on capex
2. Warehouse model is exclusively meant for the Just In Time supply
3. Inventory days is high because of the warehouse model(60 days) and inventory on the sea which adds another 60 days
4. its in low single digit
5. On a quarterly basis.
6. They don’t cater into retail directly. They have all the top 10 clients in the Agriculture and top 5 in the CNF.

I had below couple of observations
I saw resignations of 4\5 CS between 2020-2022. And they have accounted past(FY2020) CS salary expenses in the FY22
In FY2017, observed that both the MDs are taking remuneration from the subsidiaries than from the parent company