According to management, KPRMILL's 4.2Cr pieces garmenting facility is expected to be commissioned by Q2FY22 & fully ramped up by Q2FY23.

At realisation of Rs.150/piece, the facility would generate incremental revenue of ~600Cr, (2.5x Asset turns).

Current revenues are 3500Cr!

The new sugar and ethanol plant
is expected to be commissioned in Q3FY22. With the new expanded capacity in the sugar biz, the management is aiming at overall sugar revenues to cross 1000Cr in next 2 to 3 years.

Current Sugar revenues are 496Cr.
Considering the CAPEX being ramped up and current growth prospects, KPRMILL can notch revenues of Rs. 4800Cr and over Rs. 1100Cr EBITDA in FY23.

ROCE could improve as Garmenting CAPEX can generate 30% ROCE & Ethanol CAPEX 22%.
KPRMILL strategically has a vertically integrated alignment from yarn to apparels.
This has translated into lower RM volatility and steady EBITDA margins over the years.
Higher proportion of garmenting enhances overall margin profile as the segment yields over 20% margins.

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Recently, the @CNIL issued a decision regarding the GDPR compliance of an unknown French adtech company named "Vectaury". It may seem like small fry, but the decision has potential wide-ranging impacts for Google, the IAB framework, and today's adtech. It's thread time! 👇

It's all in French, but if you're up for it you can read:
• Their blog post (lacks the most interesting details):
https://t.co/PHkDcOT1hy
• Their high-level legal decision: https://t.co/hwpiEvjodt
• The full notification: https://t.co/QQB7rfynha

I've read it so you needn't!

Vectaury was collecting geolocation data in order to create profiles (eg. people who often go to this or that type of shop) so as to power ad targeting. They operate through embedded SDKs and ad bidding, making them invisible to users.

The @CNIL notes that profiling based off of geolocation presents particular risks since it reveals people's movements and habits. As risky, the processing requires consent — this will be the heart of their assessment.

Interesting point: they justify the decision in part because of how many people COULD be targeted in this way (rather than how many have — though they note that too). Because it's on a phone, and many have phones, it is considered large-scale processing no matter what.