Investor Presentaiton
Debt reduction journey...
...working towards near net debt-free position by FY24
Debt reduction (Rs. Crs) (a)(b)
1,199
Debt as of 31-Dec-22(a)(b)(c)
37
High-cost trade deposits
(interest rate of 18-20% p.a.) of
Rs. 77 crs repaid in 9M FY23
543
492
449
380
349
361
323
299
269
186
Mar-19
Mar-21
Mar-22 Jun-22 Sep-22 Dec-22 Mar-21 Mar-22
Gross debt
Jun-22 Sep-22 Dec-22
Net debt
(a) Debt adjusted for EARC balance debt of Rs. 130 crs which would be waived off in FY24 on following the repayment schedule
(b) Debt includes interest bearing trade deposits which is a part of Other Financial Liabilities
Tilaknagar Industries | Q3 (Oct to Dec 2022) & 9M FY23
35
■EARC Term Loan
■Trade Deposits
■ Vendor Financing
251
ESTD. 1933
ID
T
■ EARC debt is at 9% p.a.
EARC balance debt of Rs. 130 crs will be waived
off on satisfactory repayment
0View entire presentation