some running notes from AGM held today where all Qs were answered by Chairman Mr Juneja (Mr Abhinav though present didnt participate in Q&A)
- Capacity being increased from 4500 sq mt/mo to 6500/sq mt per mo as od Q1 and running at 80% utilization . Indicated more capex in coming times
- 25-30% growth CAGR for few years visible with stable margins per current trends
- Old contract vs new contracts 90 days credit mostly now
- Skill hiring and retention – have follks ranging from 5-15Yrs and able to retain ( others can more here those who attended AGM)
- 20% rev from EV
- No comments on promoter holding increase further
- Emphasis on certification and brand Fuba as differentiatior – says more customer audit in works besides existing customer wallet share increase
- Project based supplies with price negotiations upfront, any major RM fluctuations pas thru provisions in contract
overall mgmt sounded confident on growth visibility, and seem to have good handle on cost part – to be seen how this plays out.
D – invested, pl apply own discretion as above could be completely off and has nano cap associated risks
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