FDC
Filinvest Development Corporation
stock NYSE

Management prefers using debt to fund the massive ₹450–₹550 crore CAPEX for the new FDC plant rather than diluting equity. You are spot-on about the margins, though the new FDC plant targets premium 22–24% margins and they continue to remain cashflow positive. With recent Q1 results showing a massive 58.4% YoY revenue jump to ₹161 crore and a 46% rise in profit as their 11,000 MTPA capacity pushes into international markets, for coffee companies Q3 & 4 are the most profitable and productive ones, so let’s wait and watch.

Management prefers using debt to fund the massive ₹450–₹550 crore CAPEX for the new FDC plant rather than diluting equity. You are spot-on about the margins, though the new FDC plant targets premium 22–24% margins and they continue to remain cashflow positive. With recent Q1 results showing a massive 58.4% YoY revenue jump to ₹161 crore and a 46% rise in profit as their 11,000 MTPA capacity pushes into international markets, for coffee companies Q3 & 4 are the most profitable and productive ones, so let’s wait and watch.