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. It could be because they were going to get listed couldn’t find the right fit to guide them through the transition from a unlisted to listed company – that’s my opinion

Thanks