Uniparts India Limited

Hi Rudresh

Thanks for your inputs, they’re very helpful. Just a few follow up points

Point 1. How can capex be a variable linked to CFO? That’s something they’ve to answer – If they’re eexpecting to grow revenue at 10-12% and profit at around mid teens, shouldn’t capex as a % of CFO come down?
Point 3. DSI has been in the range of 300-400 days in the past years. Any explanation for the remaining days? We have explanation for 120
Point 4 – For R&D expense?

I don’t think the CS resignations is a big concern – We can ask management about this. But in my opinion, this is because they were going to get listed and it could be that they couldn’t find the right fit to guide them through the transition from a unlisted to listed company – that’s my opinion

Thanks