Capex update and timeline:
- Ophthalmic lens production coming online from March 2018. And production capacity scalable to 3 times based on market response.
- OF capacity - 4mn FKM per annum coming online from Feb 2018 in Dubai (roughly guessing because it must have been commissioned at the end of Jan according to post-q3 press release). This will take the OF capacity from 3mn FKM to 7mn FKM. 133% capacity expansion.
- OFC capacity – 0.7mn FKM per annum in Mauritius, unknown OFC capacity in Silvassa must be coming online in few months (most probably in the beginning of Q1 2019).
- FRP - 0.8mn Km per annum FRP in China (must be coming online in few months). This will take the overall FRP capacity from 2.6mn Km (1.2 mn Km in India + 1.4 mn Km in Dubai) to 3.4mn Km. That’s 30% expansion in capacity.
I couldn’t find anywhere the OFC capacity that’s going to be added in Silvassa. Does anyone know how much that is?