Please note that this conference is being recorded. I now hand the conference over to Mr. Rohit Anand from Ernst & Young LLP. Thank you, and over to you, Mr. Anand. Thank you, and good afternoon, everyone. Before we proceed, let me remind you that the discussion may contain forward-looking statements that may involve known or unknown risks, uncertainties, and other factors. It must be viewed in conjunction with our business risks that could cause future result, performance, or achievements to differ significantly from what is expressed or implied by such forward-looking statements. To take us forward through the financial results and developments, and to answer your question today, we have the senior management of Shakti Pumps India Limited, represented by Mr. Dinesh Patidar, Managing Director, Mr. Ramesh Patidar, Executive Director, Exports, Mr. Dinesh Patel, Chief Financial Officer, and Mr. Ravi Patidar, CS, and by Mr. Dinesh Patidar, followed by the Q&A, Q&A session. I will now hand over the call to Mr. Patidar. Over to you, sir. Thank you, Rohit. [Foreign language]. [Foreign language]. [Foreign language]. Over to Dinesh. Thank you, sir. Revenue from operation in Q4 FY 2023 stood at INR 182.7 crore as against INR 384.6 crore in the corresponding quarter. Revenue from the export business stood at INR 68.9 crore as compared to INR 51.5 crore. Registering a strong growth of 34% YoY, EBITDA for Q4 FY 2023 was at INR 10.9 crore, and EBITDA margin was at 6%. The company reported a PAT of INR 2.2 crore during Q4 FY 2023. During the full year, FY 2023, we recorded a revenue of INR 967.7 crore, as against INR 1,178.5 crore in FY 2022. The export business continued its growth journey and surged 27% YoY to INR 234.8 crore. EBITDA for FY 2023 was at INR 66.6 crore. EBITDA margin at 6.9% and PAT was at INR 24.1 crore. Now, I request the moderator to open the floor for question answer. Sir, should we begin the question and answer session? Yes. Thank you. We will now begin the question and answer session. Anyone who wishes to ask a question may press star and one on their touchtone telephone. If you wish to remove yourself from the question queue, you may press star and two. Participants are requested to use handsets while asking a question. Ladies and gentlemen, we will wait for a moment while the question queue assembles. Our first question is from the line of Mr. Kaushal Vora from Latin Manharlal Securities. Please go ahead. Sir, wanted to know more [Foreign language]. As you said, size is 157,000 pumps. What is the timeline for that? Two years, [Foreign language]. [Foreign language]. [Foreign language]. [Foreign language]. actually, [Foreign language]. [Foreign language]. [Foreign language]. [Foreign language]. [Foreign language]. So we can expect by July onward we can see KUSUM 3.2 starting. [Foreign language]. okay, [Foreign language] [Foreign language] afternoon, [Foreign language] [Foreign language] [Foreign language] [Foreign language] [Foreign language] Okay, that's it from my side. Thank you and all the best. Thank you. Thank you. Thank you. Thank you. Thank you, our next question is from the line of Mr. Vishal from Svan. Please go ahead. Thank you for taking my question sir. Sir, just wanted to know the breakup customer wise which you give every year. Vishal [Foreign language] Sir, basically customer segment-wise breakup for the year as well as for the quarter that will be helpful? [Foreign language] Sir! Sir, [Foreign language] sir, how do you see now going [Foreign language] you will be participating in the tender. So how fast you expect you know this ordering process will start and when will this execution start. So can we easily [Foreign language], majority of the ordering will be in the second half and second quarter. [Foreign language]? [Foreign language]. Okay, okay, a [Foreign language]. Is understanding right? [Foreign language] [Foreign language] you are saying Q2 FY 2024. [Foreign language] In terms of [Foreign language] in Q1 our performance will be slightly better than Q4. It will not be significantly better because [Foreign language] execution, back-ended [Foreign language] [Foreign language] Okay fantastic sir, thank you so much and all the best sir. Thank you! [Foreign language] Thank you, our next question is from the line of Mr. Ankit from JHP Securities. Please go ahead. Thank you for taking my question. So actually, I wanted to ask in KUSUM scheme to the Shakti Pumps contribution in total exposure is getting reduced quarter-on-quarter. quarter-on-quarter. So what is the reason behind that? Because in, in quarter one it was 45%, currently in quarter four it is at 24%. Any reason for that? [Foreign language] [Foreign language] [Foreign language] year-on-year [Foreign language] inr [Foreign language] solar [Foreign language] inr 235 [Foreign language] [Foreign language] Agri, domestic and OEM. [Foreign language] [Foreign language] [Foreign language] Quarter four [Foreign language] 69 [Foreign language] export [Foreign language] [Foreign language] [Foreign language], OEM [Foreign language] Okay, okay thank you, thank you so much. Thank you Ankit. Thank you. Our next question is from the line of Vijay Srivastava from VSF Associates. Please go ahead. Mr. Srivastava, your line has been unmuted. You can go ahead with your question. As there is no response from the participant's line, may I request the management that will move to the next question. Our next question is from the line of Hardik Vyas from Economic Times. Please go ahead. Good afternoon sir! [Foreign language]? [Foreign language] [Foreign language] to we will be able to sell it at higher price to save our margin and something time. [Foreign language]. [Foreign language] [Foreign language] [Foreign language] [Foreign language] [Foreign language]. [Foreign language]? [Foreign language] Okay, Uganda [Foreign language] export we have suffered a little on the export front because of American market undergoing recession and [Foreign language]? 25% [Foreign language] [Foreign language] Last quarter [Foreign language]. Last quarter [Foreign language]. [Foreign language]. Okay okay. [Foreign language] [Foreign language]. 30%. 30%, 30% of the export sales. Okay okay. Last question Africa uganda [Foreign language]. [Foreign language] [Foreign language] Thank you sir! All the best. [Foreign language] Thank you. Thank you. Our next question is from the line of Mr. Nitin from KIFS Capital Private Limited. Please go ahead. Yeah, thanks for taking my question. With reference to the current two-year order of 0.6 pump, what the market share strategy which you are planning? Because some of the states may be aggressive and some states you might decide basin. If you can share some thoughts of getting major market share in that. [Foreign language]. Thank you. [Foreign language]. [Foreign language]. Yes, definitely margin [Foreign language]. [Foreign language]. [Foreign language]. Thank you, our next question is from the line of Forum Makim from Equitree Capital. Please go ahead. [Foreign language] [Foreign language]. yes, [Foreign language]. Right sir, [Foreign language]? [Foreign language]. [Foreign language] [Foreign language] Okay sir [Foreign language]. [Foreign language]? [Foreign language] [Foreign language]. Right, right. [Foreign language]? [Foreign language]. Okay sir! So sir, once this KUSUM 3 starts, what run rate of pumps can we expect per quarter. yes, [Foreign language]. Right, sir, just two more question, [Foreign language], right? [Foreign language]. Okay, sir and sir, [Foreign language]? [Foreign language]. Okay sir, okay. Thank you so much, sir. [Foreign language] Thank you. Our next question is from the line of Deepesh Sancheti from Maanya Finance. Please go ahead. Yes sir, sir first thing though what is the capacity and this year utilization what happened? In India as well as Uganda. [Foreign language]. Okay! And from this, how many solar pumps can we make. [Foreign language] [Foreign language]. [Foreign language]. [Foreign language] almost INR 24,000 [Foreign language] and company generally market share of 32%-35% can we do INR 8,000 crore in the next two years? [Foreign language]. [Foreign language]. [Foreign language]. Because this entire order. [Foreign language]. [Foreign language]. [Foreign language], just to understand [Foreign language] we will [Foreign language] [Foreign language]. Okay sir, okay. [Foreign language] OK, OK. What is the current order book? [Foreign language] [Foreign language] [Foreign language] Without project. Okay sir, right now debt [Foreign language] we will ramp up because we will need more capacity utilization. [Foreign language] Exactly! Which as of today's date on 31st March we have finished, that is a INR 71 crore short-term finance done and INR 2.4 crore on long-term and now what total sanction we have, from bank that is around INR 500 crore, in which 50% fund based is, 50% non-fund based is. So sufficient sanction available is. For any turnover to do and bank also ready to support. [Foreign language]. I completely understand, loan is not big enough, but I want to know if we will take more loan? Because of higher capacity utilization. [Foreign language]. [Foreign language] [Foreign language]. How does the payment happen? [Foreign language] Great, great sir, thank you so much and all the very best. I hope that you will definitely achieve your double-digit margin and most so I think INR 1,000 crore ka to order. [Foreign language]. Yes, yes, definitely, sir! Thank you. Thank you. Thank you, my next question is from the line of Rikesh Parikh from Rockstud Capital. Please go ahead. the opportunity. Sir, I wanted to know that in 21 states we people have become eligible. In KUSUM 3, so out of these, in how many states have we people become L1. [Foreign language] okay, [Foreign language]. [Foreign language]. [Foreign language] [Foreign language] [Foreign language]? [Foreign language] [Foreign language]? [Foreign language] [Foreign language] [Foreign language]. Right. [Foreign language] In terms of number. We can expect this year, some revenue topline will start coming in. By the end of the year. [Foreign language] Okay, thank you! Thank you. Thank you. Thank you. Next question from the line of Balasubramanian from Arihant Capital Markets Limited please go ahead. Hello sir, yes sir, just wanted confirmation on the payment cycle that you mentioned 90% of the payment received in 30 days and 90 days. [Foreign language]. Sure, sure [Foreign language] 90% within 30 days aur 10% within 90 days. [Foreign language], right from the farmer and the government। 30% advance [Foreign language]. Okay, okay. [Foreign language] Okay, understood understood. [Foreign language] Understood. Understood. Thank you so much for the clarification, sir. Thank you, thank you! Thank you. Thank you, your time constraint. That was the last question of question and answer session. I would like to hand the conference over to Mr. Dinesh Patidar for closing comments. [Foreign language]. Thank you on behalf of Shakti Pumps (India) Limited. That concludes this conference. Thank you for joining us and you may now disconnect your.