Monolithisch investor call: mine acquisition, two new plants, FY28 revenue target
MONOLITH · price
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Management shared plans for backward integration via Nawada mine acquisition in Bihar, expected to cut raw material cost by INR1,200-1,500 per ton. Two new plants announced: Udaipur (1.75 lakh MTPA, INR25 cr capex, Nov 2027) and Hospet in Karnataka (1.25 lakh MTPA, INR20 cr capex, July 2027). Total capacity to rise to 8.75 lakh MTPA from 5.76 lakh MTPA. Revenue target of INR500-550 cr for FY28. Capex self-funded through internal accruals, no equity raise planned. EBITDA margin expected 4-5 percent higher from FY28.
Clear growth visibility with mine-led cost savings, geographic expansion and self-funded capex. Margin expansion expected from FY28 onwards.