Thanks Donald for the warm encouraging welcome! I hope to contribute in whatever little way I can and learn a lot from all you gurus here.
2). In my excitement, I didn’t realize I had not read it Done now. Good reminder to chk Investor section of official website as the first thing. One surprise from that prez’n. They’ve mentioned paper/textile processing (slide 5). Never heard abt this division in any discussion here or elsewhere. Was it some old business, now defunct?
3). By debtor days here you mean dues owed by BKT to their suppliers or other short-term lenders, right? Because they’re already getting 100% advance from their customers (eg mines to whom they sell directly) and distributors. Or is there a differentiation between these two types of sales?
Ayush mentioned that he thinks they are only getting a token payment as adv. during order booking - which is generally the norm.
So if your version (and what I thought initially), is true, then isn’t it fantastic thatthis business gets 100% advance payment and pays its own suppliers with avg 50-60 days of credit. ie: they have zero/-ve working capital at risk? Somewhat like restaurant biz or giant FMCGs like HUL/nestle?
Pls let me know if my understanding of this situation is correct. I am trying to clear my basics here, so excuse my stupid Qn.
4). Yep. Maybe the team mentioned capacity doubling offhand - or maybe they are including tubes/flaps products too? Can we mark this point for future clarification from mgmt?