#racl concall was interesting today. I learned that breaking into company supply chains is quite difficult. Management was appreciated for their corporate governance.
Key takeaway: they will do another 50cr capex this year. This+ last year capex should take care of fy25 topline
Key takeaway: they will do another 50cr capex this year. This+ last year capex should take care of fy25 topline
Management also mentioned that if I do 100 rs gear in ice and 100 ka volume and gear becomes 500 rupees with 40 volume overall I will gain.
Not sure if it can be taken as guidance but seems like volume drop due to ev will be more than compensated by GM improvement.
Not sure if it can be taken as guidance but seems like volume drop due to ev will be more than compensated by GM improvement.
Another key benefit is asset turns could go up since volume goes down while total value remains same or slightly increases.
Some other interesting questions which were asked which made me chuckle:
"Your free cash flow is low. Why?"
I could be wrong but Probably not right Q to a capital intensive microcap scaling up. 😅🙏🙏
"Your free cash flow is low. Why?"
I could be wrong but Probably not right Q to a capital intensive microcap scaling up. 😅🙏🙏
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