From Q3 Concall:
16 December 2016: Little Star first sale
Lamaze: Sales less than 100 thousand dollar, Already selling to target, buybackbaby
target getting 4th order.
9-10 customers showed interest in Expo. Expect Huge orders in feb-march
Guidance of 20$ mln sales next year : For Little star & Lamaze
Debt: Rs 4 .15 crores long term
Expectation for Q4 : Rs 200+ cr expected in Q4 ,
Overall, Revenue might increase 5-10 pc YOY.
Guidance was for 20 pc but impacted due to US Elections.
Hope next year guidance is not impacted by Border Adjustment Tax @US
Not much effect seen from Tax implication in US as for eg:
Take body suit which account for 40pc of sales,
basic cost is 70 cents and they sell @ 2dollars
cotton price : expect similar price
other operating income: ROSL, MIS .
Lamaze margin expect 15-20 pc of sales,
Expect more brand tieups soon
Carter sales 1.8 bln in fob , kitex supplies less than 1pc
Kitex sales to Carter at 5mln dollars,committed 4-5 times
Gerber buys 15 pc buying from kitex
Sams club second order huge
Investment: Rs 17 cr investment in effluent treatment plan will increase debt but 25% TUFS scheme subsidy
Expecting 4-5 indian business pvt labels
Old Customer kohl came back.