Hello, thank you so much. Sir, couple of questions. First, probably what we see from the results is that there is a stock adjustment of INR 59 crores. So, probably is dispatches held up due to some reason and probably impacting our revenue growth?
Okay. So, probably like it's almost 30, 40 days that time has passed from the last quarter. So, have they been dispatched or very high probability that this quarter, we will see the dispatches?
Yes, Sir thank you so much. I have couple of questions . Sir first on the gross margin side like for the third quarter in row we had seen gross margins at 36% and congratulations f or that. I would like to know how do we see going forward, do we see it maintaining this levels.
Great madam and historically Q2 we always used to see within employee expense a certain element of ESOP cost involved so is there any element in this quarter as well or in first half.
Thank you so much. Just to clarify on the depreciation number, you mentioned INR 70 crores, INR 75 crores versus INR 50 crores, is it on the standalone basis, right?
So if you can just provide clarity, like what is the absolute capex in FY '25 and what will be in FY '26? And secondly, what I see in your balance sheet is that leased liability has increased significantly from INR 44 crores to INR 147 crores in stand -alone and similar jump is seen in the balance sheet. So now what is this lease liability pertaining to? Because is i t particular to asset addition or what -- if you can clarify? And if we take this combined effect capex outflow and lease liability, what is the kind of capacity we are creating on revenue generation front? Just want to get a sense on these numbers. Thank you so much. And also one more question. What was the export revenue from India? And how has it grown? And how do you see it growing? Because you give the international number, but how much is exports from India? Thank you.
Couple of questions. First, congratulations Rahul Bhai, on very good set of numbers. Sir, on full capacity, how much revenue can Unican -- Uniclan can generate for the -- for FY'26, or maybe if you can give us what is the full-scale revenue potential? And you did mention that we aspire for double-digit margin. So can we achieve it for full FY'26 or you probably see that double - digit margin in the second-half of FY'26? That was my first question. Second question was on domestic sales, excluding exports, if you see a domestic in nine months has grown 30%, but if we exclude Unic lan, then it looks like 22% growth. But within that or probably if we look at your product -wise, now the schol astic stationery and scholastic art materials has probably grown , probably mid to -single digit. So how should we read into this , and what can we expect? Was it a capacity constraint at your end, or if you can just throw some light? Third, on overall, how was the volume growth and price growth, probably the growth what we saw 22% in domestic, how much was probably price growth within that? And can you clarify on the capex number for entire FY'25 and FY'26? You did mention but I missed it. Yes. Thank you so much.
So Rahul Ji, like maybe was there any probably price hikes or price increase which would have helped us for a stronger revenue growth? It could be a function of your -- you would have taken price hikes, one or maybe you have a better revenue mix. If you can share your perspective? And my last question was on the capex front, so just to clarify for FY '25 and '26.
Yes. Congratulations, Santosh bhai and Ra hulji. I have a couple of questions. First on the capacity expansion, what we are doing, like probably adding to like square feet and adding capacity for wooden pencils. So would it meet our 25 % growth for FY ’25? Or we still have some capacity left for growth in FY ‘26? Just want to know like what kind of revenue capacity are we creating at the existing facility? That was question one. And second on, again, question related to capacity, like at our greenfield facility, I believe it will be over phases. So, what is the plan for phase 1 in terms of how much capacity we are creating? What is the capex we are likely to do? When do we expect the phase 1 to start contributing in terms of revenue? Will it have probably a better asset turn than the existing facility? These were a couple of questions. I have a couple of more and I'll come back to it.
Sure, Rahul bhai. So probably when do we expect this phase one of 600,000 square feet to start?
I have a question on our B2C business where we have like consolidated LGM five plants into a single location. So maybe if you can just provide some perspective, like what is the capex we have done? And are there any more capex lined up? And in terms of benefits, what benefits can we see in near term to medium term, both on the revenue growth front as well as margin improvement front? That is the first question. And my second question is also pertaining to Powergen exports like for developed markets. We have been seeding our higher range, especially in the US with the subsidiary and a recent acquisition for front-end distribution. So like where are we in terms of getting the certification and what nodes we are looking and when do we really expect the volumes to pick?
So like if you can just -- would you be able to like quantify in terms of what is the ma rgin improvement? Because probably no doubt this quarter, we -- last Q1, we saw a decent improvement in the margins of B2C business. And this quarter, again, it's probably negative. But in what time frame can we see sustainable double -digit margins because the competition has double-digit margins in this business?
I have a few questions and first, on the Aftermarket, like no doubt, sorry for dwelling more. But historically, we have seen that whenever Aftermarket revenue contribution increase d, we had a margin improvement. And if I look at the first-half numbers and the incremental revenues of roughly ₹ 200-odd crores, it is evenly split between products and aftermarket. So I'm just wondering that is it that the nature of incremental Aftermarket revenues what we have , our margin profile is quite lower in terms of what historically we used to enjoy. Because like earlier, it was AMCs and small refurbishments for our own machines, which got extended to third-party refurbishments and now upgradations and automation. So, also in related questions, Sir, number two is that right now, like what we observe is that we probably providing international Aftermarket services through subcontracting and maybe we are outsourcing that. And a large part of the cost probably is getting captured under other expenses and somewhat in employee costs. So , do we see that going forward the service offering, what we have, we probably have our in - house facilities? Or how do you see that changing? That was the second question. Third r elated question like what do we offer on upgradations and automations? And you said we have some orders in India. So maybe , if you can provide some perspective. And then on Product side, are we seeing any issues on execution and order inflows pertaining to , say, probably, geopolitical disturbance in Middle East and Europe markets? Thank you, Sir.