“I think we're expecting 35% growth in our top line in this financial year.”

“And similarly, EBITDA also, we'll see the same growth coming up in this financial year as compared to last financial year.”

“Both for top line and bottom line, you can expect a decent growth, 30% plus in coming year.”

“And same growth will continue in FY28 also because these capex’s, what are coming on a stream, this year where 2 have come on stream, 1 is coming up in the first half.”

“Work on our Greenfield Aseptic project in Egypt, 12 billion packs remain on schedule for commissioning in FY27.”

“See, right now, we do only greenfield projects and our project in Egypt Aseptic plant is up for commissioning, which will be done in H1, like we have said.”

“We can see around 30% capacity being utilized there.”

“Second year, certainly, we'll reach around 60% to 70%.”

“And third year, we'll reach around 100% capacity there, so you can see how the buildup will happen, but Egypt being our second largest manufacturing site from UFlex global perspective, we are very well, I think, there to launch it very soon now, and you see the results coming up in Q3 and Q4 also.”

“In 6 months, the facility becomes 6 billion. And out of 6 billion, you say if we use capacity utilization is 30%, that's why I said 2 billion around that will be what will be used up in this financial year.”

“First is Egypt one, which is coming up with a capacity of 12 billion packs, where we have already done a capex of over USD 100 million. And now only capex, what is remaining is USD 15 million, so not much capex is planned for Egypt now going forward.”

“Similarly, Dharwad India, which is a Brownfield BOPP Line, where we have done a capex of USD 10 million. There we plan a good capex of around USD 50+ odd million, which we are planning for FY27 and '28 put together.”

“And whatever capex’s are remaining, which are new capex’s of around, if you put total all this will be around USD 100 million or less USD 80 million capex, we'll be doing going forward.”

“And this leverage will come down by end of FY28 much lower once all these capacities, what are not utilized to the 100% becomes 100% capacity utilization, then you will see our leverage going even below 3x by FY28, so we are very much conscious, aware of this fact that leverage has to be under control, which is under control because we are paying all loans on time, all interest on time, so that is least of a worry.”

“See, if you add up the capacities what are coming up, if I can add up, we should double our quantity in next 3 years' time.”

“And whatever interest rate we are paying as of now and whatever rating we are enjoying, I am hopeful that we should reduce our interest costs by 1% in next 1 years' time.”