ASMTEC - ASM Technologies Ltd. Share Price

Question: "Which industry has helped us to drive this growth, at least for the first half?"
Answer: Both Hi-Tech and Engineering segments contributed to our growth. In Hi-Tech, the semiconductor, solar, consumer, and industrial electronics segments all played a role. In Engineering, contributions came from large vehicles and mobility sectors.

Question: "Can you share the CAPEX plan for at least FY '26 and FY '27?"
Answer: For FY '26, we expect to add CAPEX of Rs. 30-35 crores, which could increase based on land allotment discussions. For FY '27, we're still determining the CAPEX based on land availability.

Question: "What are the timelines and funding methods for the MoUs signed?"
Answer: We aim to operationalize within 18-24 months post-land acquisition. Funding will involve accruals, debt, and additional equity, complemented by government incentives.

Question: "How do you view competition from multinational R&D centers in India?"
Answer: While GCCs are on the rise, our ER&D complements our DLM focus. We're pivoting toward DLM, where our ER&D is crucial, positioning us well amidst competition.

Question: "What mix should we expect for FY '26 and FY '27 between Manufacturing and service?"
Answer: We're not providing forward guidance, but we anticipate continued movement into DLM, which should drive growth. Trends show robust demand across both our segments.

Question: "What can we expect in terms of service revenue growth?"
Answer: Service growth is happening. We expect to see improvements starting in Q3, as projects in ER&D progress to completion. The DLM focus drives resource allocation.

Question: "How significant is CAPEX for sustaining growth?"
Answer: CAPEX is crucial for supporting the ecosystem and skilled resources. We focus on existing capabilities and adjacent areas while ensuring infrastructure aligns with our strategic areas.

Question: "How do we approach customer concentration?"
Answer: Approximately 60% of revenue comes from our top 10 customers. We're actively working to diversify by engaging in new geographies, product lines, and customer bases.

Question: "For the solar side, are we planning a separate plant?"
Answer: Yes, we have a separate plant planned for the solar segment, expected to be operational later this year, boosting our capacity in this area.

Question: "What is the employee count and growth outlook?"
Answer: We currently employ over 2,000 people, with about 40% in Manufacturing. We expect continued growth in headcount, with proportions adjusting according to DLM demands, possibly reaching 50-50 in the future.