Reve 32.9 crr. 34%yoy flexible packaging industry drove growth. Metal logistics cost increased

Rmcost(steel and polimers) increased substantial along with logistics cost hit the EBITDA margin.

Pending order 100 crore plus orders and all are fixed price contracts. Normally the lead time is about 4-6 months for the company. Entire order book is on current price and thus factors in high material cost.

Expect demand for flexible packaging to continue at current level and thus the demand for the products of the company.

Lamex is a series of machines and it has various applications. Introducted machines for woven packaging industry. So products for new applications are introducts.

Looking at markets in CIS countries and eastern Europe. The company is back in Latam market once again.

Prices are already passed on. But the prices of polymers, metals and electrical/electronics are expected to take another two quarters to stabilize.

Exports contributed 49% in FY21 but that came down to 40% in Q1FY22 due to container availability issue. Going forward expect 45-50% of the revenue to be from exports.

Ghana, Nigeria and Vietnam does not have any local manufacturers and these markets are competed by players from outside including Rajoo engineers.

Inventory 200 days, drs 15 days. So WC remained same at March 2021 levels.

Currently operating at a capacity utilisation of 70-75% compared to 60-65% last year. So no capex for this year.

HR cost increment was provided by July 2020, and compensation for covid deatch.

What ever new order is taken backup material is tied up. Keep to stock part of old machines sold 7-8 years. So all inventory is not only to cover the order on hand.

Revenue target 12-15% rise compare to last year. 8-9% ebitdamaring is expected for fY22

All 4 quarter are not at same level , first minimu and last quarter is maximum.