GPT INFRAPROJETCS LTD (NSE: GPT) Q4 2025 Earnings Call dated May. 19, 2025
Corporate Participants:
Unidentified Speaker
Atul Tantia — Chief Financial Officer, Executive Director
Analysts:
Unidentified Participant
Darshil Pandya — Analyst
Parth Kotak — Analyst
Bhavik — Analyst
Ankur Kumar — Analyst
Agastya Dave — Analyst
Chinmay Parab — Analyst
Guru Darshan — Analyst
Soham — Analyst
Presentation:
operator
Ladies and Gentlemen, good day and welcome to the GPT Infra Projects Limited Q4 and FR25 earnings conference call. As a reminder, all participant line will be in listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing 0 on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Atul Tantia, Executive Director and CFO from GPT Infra Projects Ltd. Thank you and over to you sir.
Atul Tantia — Chief Financial Officer, Executive Director
Thank you. Good morning everyone and a warm welcome to the GPT Infra Projects Limited earnings conference call for the fourth quarter and year ended March 31st, 2025. I hope you all have had the opportunity to review the financials as well as the presentation uploaded on the website of the stock exchanges as well as our website over the weekend. Some of the significant milestones during the quarter and the year ended March 31st, 2025 were the following. We successfully raised a QIP of Rs 175 crores in August 2024 out of which funds were majorly used for reduction of debt and expansion of our existing businesses.
This has led to finance costs reducing by almost 22% and also prior to the QIP crystal ratings that upgraded are rating from BBB to A BBB to A and now it has been upgraded from in December from A to A post the qip the consortium banks have also partly released the pledge of shares from 51% to 35% approximately of the total shares and we expect this to come down further in the ensuing years. We have commissioned a steel gutter and component manufacturing facility in West Bengal district Hooghli with an initial capacity of 10,000 metric tons per annum which was also informed with the stock exchanges earlier order book backlog stands at a healthy 3,486 crores with an order inflow of approximately 1,575 crores during the year including incremental orders from the existing contracts.
Key contracts that we have received during the year were the rupees 547 crore contracts for construction of the Kona Expressway from RVNL and the Rs 481 crore contract from Southeast India construction of a bridge over near Kolaghat in West Bengal. We are happy to announce that we have achieved the highest table revenue and profits in the company’s history with a CAGR of almost 19% in terms of revenues and 145% in terms of profit respectively. Now moving ahead for our financial performance for the fourth quarter and the full year ended March 31, 2025, our revenues for the fourth quarter stood at Rupees 369 crores on a standalone basis which compared to Rs.
294 crores last year representing a growth of 26% year on year. On consolidated basis, the revenue st 381 crores compared to Rupees 295 crores last year representing a growth Of 29% year on year. For the full year, revenue was at 1,159 crores on a standalone basis which was higher by 16% year on year as compared to 996 crores last year. On a consolidated basis the revenue stood at Rs. 1188 crores compared to Rs. 1018 crores which is a growth of 17% year on year. In terms of EBITDA, the standalone EBITDA stood at Rs. 46 crores for the quarter compared to Rupees 37 crores for the last year.
In Q4FY24 representing a growth of 27% year on year. EBITDA for FY25 for the full year was Rupees 157 crores on a standalone basis compared to Rupees 128 crores last year. That is a growth of 22% on a consolidated basis. EBITDA came in at Rupees 39 crores for the quarter compared to Rs. 36 crores last year representing a growth of 10%. An EBITDA for FY25 stood at Rs. 142 crores compared to Rs. 128 crores on a consolidated level representing a growth of 11%. The board has declared a final dividend of Rs. 1 per share taking the total dividend for the year to Rs.
3 per share. This is subject to approval from the shareholders in the forthcoming AGM. The record date for the same is fixed on July 31, 2025. We are quite confident of maintaining our long term EBITDA margin of 13% from the operations given the order book that we have and this is the level that we have also guided historically. The improvement in revenue and operational EFFICIENCIES have also helped us to ensure the long term EBITDA is being maintained and we expect to maintain the same going forward as well. There have been quite a significant growth in profit after taxes with consolidated profit for the year after.
Minorities coming in at rupees 80 crores, up by 39% from 58 crores last year. Standalone PAT was at rupees 89 crores, rising by 46% from 61 crores last year. In terms of segmental performance, our infrastructure business contributes almost 94% of our total revenues which contributed to 10,95 crores for the year ended March 31, 2025. The key contracts for this segment were contracts like NHI Ganga Bridge, RVN El Kona Expressway, Mathura, Jasi, Raniganj and Baikala in Mumbai which drew a major part of the revenues. The segment has an order backlog of rupees 3265 crores. The sleeper segment has also done quite decently well with generated revenue of Rs.
93 crores in FY25, driven mostly by the outstanding performance in the domestic business and some contribution from South Africa as well. With thriving order book and reduced debt position, we are well positioned to navigate the dynamic landscape as we move forward. We are quite confident in our ability to capitalize on the positive momentum generated by these factors. Our focus on maintaining a robust and healthy order book coupled with continuous efforts to optimize our financial structure lays a strong foundation for our growth trajectory. Coming back to the order book, we have on date a net unexecuted order book of Rs.
3486 crores representing almost 2.92 times our FY25 numbers, providing strong visibility. The order info was Rupees 1575 crores during the year. This is all from my side and I look forward to addressing any questions or concerns you might have regarding our financial performance and future prospects. I will request the moderator to now open the floor for any questions and answers. Thank you.
Questions and Answers:
operator
Thank you very much. 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 2. Participants are requested to use handsets while asking a question. Ladies and gentlemen, we will read for a moment while the question queue assembles. Participants who wish to ask a question may press Star and one now. The first question is from the line of Darshal Pandya from Fintris Capital. Please go ahead.
Darshil Pandya
Hello, I’m audible Sir. Yes, yes, good morning. And sir, I would like to ask you that. We know since our standalone margins were pretty in line with what we have been doing over the quarters on the console basis, we have you know probably hit by one or two percentage. So what was the issue did we face? Because I’m also seeing that there is there was some issue in the raw material pricing also in the P and L. So what had happened?
Atul Tantia
So our consort business comes from the African subsidiaries which are in South Africa. Ghana primarily Ghana subsidiary. Due to elections there has faced some delays but the production will start in the next couple of months. This has led to some losses in the Ghana subsidiary. Other than that there is no challenge in terms of the consolidated standard business.
Darshil Pandya
But sir, I’ve been following you for quite some quarters now. The Ghana facility is somewhere. You know we are facing a lot of challenges, you know, getting it operational. So what exactly is the issue there?
Atul Tantia
So Ghana facility Honestly we have commissioned in about 2 years ago post that we had sent the sleepers for testing in Germany which has also been successfully passed. Ghana had, as you may be aware there was a bailout package given by IMF for Ghana post that they also had a domestic election for the President. Now the new government has been sworn in in January. So now things are coming back on track and we expect that to now streamline in the next one to two months.
Darshil Pandya
Okay, got you. And the second question would be on the current debt position and the fund utilization of the QIP that we had raised.
Atul Tantia
The current debt position is approximately 122 crores. This is a mixture of working capital debt, some term debt from the equipment finance that we do have because we have added a lot of equipment this year and some build discount in the mix that we do have on the treads platform of the government. So it’s a mixture of both in terms of QIP proceeds like I said in my opening remarks and they also submitted this to the stock exchange earlier. We have used that for reduction of the debt and also for long term working capital for the generation for the growth of the business.
Darshil Pandya
What will the debt position for by this year? I guess if last fall we did mention about 2021 crores for you know it might come down till there.
Atul Tantia
Correct. This year it’s expected to come down by 2021 crores. So it should be below 100 crores.
Darshil Pandya
Okay. And are we maintaining 15, 18 or 20% growth guidance for this year outlook?
Atul Tantia
So in terms of growth outlook we expect a growth in 20% plus this year 20% plus.
Darshil Pandya
Okay, I’ll fall back in the queue. Thank you so much.
Atul Tantia
Sure. Thanks.
operator
Thank you. The next question is from the line of path quotas from Plus91. Asset Management LLP, please go ahead.
Parth Kotak
Hi. Thanks for the opportunity. So just a little bit of color on the concrete. Concrete sleeper segment. The business had posted a loss in FY25. I presume this is largely attributable to the Ghana facility being non operational. How do you foresee this business turning around in FY26? Also, given the margins here are structurally better than the infrastructure division, what kind of margin trajectory should we expect for 26?
Atul Tantia
So on a consolidated level. Yes, the quarter has been. There has been a loss due to the Ghana facility. We expect the domestic business to do almost the same level, about 75 odd crores this year as well compared to 66 crores last year. And the international business should contribute a similar amount. So we should. Overall we should do almost 150 crores this year from business business. This is obviously taking into account that the Ghana facility will start this year successfully. If that doesn’t happen, obviously that would be a drag on the what I’ve just said.
Parth Kotak
Got it sir. And can we expect a margin on this of EBIT margin of about 17 to 18%? As we have seen in the past.
Atul Tantia
It all depends on how the Ghana facility pans out. The international business obviously has a higher EBITDA. So EBIT would be close to about 15 to 16%, not higher than that.
Parth Kotak
Got it sir. Again, a little bit on the debt and leverage outlook. Should we also expect as our revenues grow by 18 to 20% that borrowings will rise proportionally or is is there room to deleverage even as we go into this year?
Atul Tantia
So like I said to the previous gentleman that we expect the borrowings to come down to almost 20 crores this year. Despite the growth momentum that we do have. Our debt equity is quite comfortable, our borrowing limits are quite underutilized and there is no challenge in that sense.
Parth Kotak
Perfect sir, just one last question. I forgot on the concrete sleeper segment is what would be our total capacity in terms of revenue from the concrete sleeper segment? With all our facilities put together, how much at max can we do during a given year?
Atul Tantia
If all factories are 100% operational, we could do almost 250 crores.
Parth Kotak
Perfect sir. That’s all from my side. I will join back in the queue.
Atul Tantia
Sure.
operator
Thank you. Before we take the next question, I would like to remind the participants that you may press Star and one to ask a Question. The next question is from the line of Bhavik who is an individual investor. Please go ahead.
Bhavik
Hello. Hello sir. Am I audible?
Atul Tantia
Yes sir.
Bhavik
Yes sir. Firstly, congratulations for a great set of numbers and also being awarded a major contract in the previous quarter. Sir, I have few questions. So firstly I want to understand that we recently set up a steel grinder facility with an initial capacity of 10,000 metric tons. So what is the revenue that we are expecting from this?
Atul Tantia
So there won’t be much of revenue per se from this. This is going to be used. It’s backward integration. So mostly being used in house. Right now many of our facilities are set up across various locations temporary. So this becomes a permanent facility which allows us to save on costs in terms of overheads and other costs. And so there won’t be any significant revenue that will be attributable to this facility. It’ll be like an inter segment inter company sale only.
Bhavik
Okay? Okay, understood. And sir, after the QIB we had suggested that now we can also bid for large size contracts over maybe thousand crores. So any update on that? Like have we bid for such contracts and are we expecting, you know, any such order wins in the upcoming quarters?
Atul Tantia
So we have bid for certain large contracts, more than thousand crores. Since the price bid has not been opened, we cannot comment on the outcome right now.
Bhavik
Okay, so what is the order inflow that we are expecting for this financial year?
Atul Tantia
Approximately 2,000 crores.
Bhavik
That’s great sir. So the next question is, I want to understand on a specific line item in the cash flow statement. So in the previous financial year that is, you know, FY24 we had reported a gain of around 12.5 crores on foreign exchange fluctuations. Whereas in the, you know, financial year gone by we have reported a loss of 3.5 cr. So I mean I just want to understand the factors affecting, you know, the same because the range is pretty wide.
Atul Tantia
So this is on a consolidated basis not on the standard financials that you’re speaking about.
Bhavik
Correct.
Atul Tantia
This is, this is with respect to the currency fluctuation in Ghana specifically which has also led to the loss there. So the foreign exchange fluctuation, Ghana, the currency is quite volatile. Like I said earlier due to the IMF bailout that has happened, the currency has become slightly stable. But the previous year was quite volatile for Ghana. Now the currency is quite stabilized. So that’s why this loss has happened.
Bhavik
Yeah, I think in the last one and a half month it has appreciated by around 25%. So is it safe to say that if The Ghana currency appreciates we would have some currency gains.
Atul Tantia
So honestly what how it works out is that our contract in Ghana is in euros. It is not in the local currency. But given the local regulations in Ghana the balance sheet is prepared in local currency. So it is just a mark to market loss. It is not a cash loss. Again.
Bhavik
Okay, okay. And so my last question is, you know to the previous gentleman you suggested that the debt is 122crores. Sir, our finance cost for the last quarter was around 6 crores. So is the interest cost around 20%?
Atul Tantia
No, no. The finance cost includes cost for bank guarantee commission. It also includes interest on mobilization advance that we have some historically that we drawn from customers. It also includes bank processing fees. The interest cost is between CC rates around 8 to 9%.
Bhavik
Okay, so are we expecting
Atul Tantia
also the. Interest cost also in the finance cost also includes accounting for this ROE assets or lease assets that we do have. So it’s just not like as per NDS 116.
Bhavik
So are we expecting a further reduction in finance cost in the upcoming financial year?
Atul Tantia
Depends on the RBI and how the outlook for RBI is. But in terms of interest rates, but obviously right now like I said earlier, our rates are between 8 to 9% which we feel is quite competitive for the market.
Bhavik
Okay, so that’s great. I mean, you know, thank you for answering all the questions.
Atul Tantia
Thank you.
operator
Thank you. A reminder to all the participants that you may press Star and one to ask a question. The next question is from the line of Ankur Kumar from Alpha Capital. Please go ahead.
Ankur Kumar
Hello sir, congrats for executive number. Is your comment regarding the Ghana facility? We suffered EBITDA losses because of only FX related issues in this quarter. Or is it like operational also?
Atul Tantia
No, FX related.
Ankur Kumar
Got it. So given current quarter we expect console to be similar to standards is what you expect.
Atul Tantia
Yeah, broadly. Yes,
Ankur Kumar
got it. And sir, on guidance side you said 20% type growth in revenue. How much would be our expected EBITDA margins?
Atul Tantia
13% plus. Revenue is expected to grow around 20 to 22%. So we expect to hit a number of almost 22% this year. And EBITDA will be maintained at 13% plus which we have also guided historically. So given the reduction in the finance cost, the PBT and PAT will disproportionately improve which would be almost 30% improvement in BBD and PAT.
Ankur Kumar
Got it. Thank you. And all the rest.
operator
Thank you. Ladies and gentlemen, you may press Star and one to ask a question. The next question is from the line of aghast from CAO Capital, please go ahead.
Agastya Dave
Thank you very much for the opportunity. Congratulations on a very decent performance sir. Going forward if you take a three or five year view, are there any capabilities that you need to invest in? Is there a major expansion on the backward integration that you’re doing? But in terms of capabilities do you need to. Do you need. Do you see the need to invest further?
Atul Tantia
So we always. This is a business where you renewed credentials to have to get new contracts. So capabilities is always to invest in is always required. Like we’ve guided earlier we’re looking at contracts like tunneling and other works as well which will improve our and also improve the order book potential. We are looking at newer facilities as well in other geographies which will improve our order book for both the segments.
Agastya Dave
Are there any firm CAPEX plans that you have in place for all this?
Atul Tantia
So we do have a CAPEX budget that is approved by the board. So last year we spent almost 5560 crores in terms of capex. This year we expect to spend approximately 35 to 40 crores in terms of capex.
Agastya Dave
Okay, understood sir. So my second question was on just to understand the in the finance cost element. So there is definitely an interest cost. There is also non interest finance cost right. Which EPC companies have to. I mean they have to bear. So how should we look at that. That number this would probably mean bank guarantees and like some retention money which. Which needs to be funded. So is. Should we be looking at the one of the participants ask you that oh the effective interest rate is turning out to be 20%. I guess part of that is just linked to your revenues.
Right? So how should we look at the interest cost going forward considering that you are actually deleveraging.
Atul Tantia
So like I said earlier our interest cost this year was on a standard basis of approximately 24.5 crores which like you rightly said includes the bank guarantee commission, includes the processing fees, also includes rou accounting in terms of India S116 having said all that. So it has come down from 32 crores to 25 crores which is a reduction of 7 crores in this financial year. We expect A further reduction of 6 to 7 crores in this financial year means 25 to 26 which will bring it down below 20 crores for the year.
Agastya Dave
Understood, Understood. So one final question.
Atul Tantia
This is despite growing at 20 to 20 to 22%.
Agastya Dave
Right? Okay, understood sir. Understood. So one final question. In the consolidated numbers in the other expenses I don’t have the schedules as of now because annual report Obviously is not out. Was there any line item in the other expenses which showed a spike? Because the number is slightly more than what I was expecting. I don’t have the.
Atul Tantia
It is. It is a forex. Forex.
Agastya Dave
Did you quantify that number in reply to one of the questions?
Atul Tantia
Yes, it is coming as part of the cash flow as well.
Agastya Dave
So last year there was actually the same number, sir.
Atul Tantia
Yeah. So last year it was four and a half crores of gain. This year there’s a loss of three and a half crores.
Agastya Dave
So there must be something else because the number is quite. Sir, I’ll look it up in the annual report comes out. Thank you very much for answering my questions. All the best performance and great commentary sir on the list.
Atul Tantia
Thank you.
operator
Thank you. A reminder to all the participants that you may press Star and one to ask a question. The next follow up question is from the line of Parth Kotak from Plus 91 Asset Management LLP. Please go ahead.
Parth Kotak
Hi sir. Just some understanding on project specific risk management with large projects like Prayagrath Southern Bypass and Kona Expressway and not just limiting to these. But what are the major risks you may foresee Whether in land acquisition cost escalation or. And how are they being mitigated?
Atul Tantia
From our end there’s no risk in terms of land acquisition. We get the contract after the land is allocated. Obviously there’s a risk in terms of execution. We are constructing. Constructing bridges over rivers. We need to take care of the construction methodology and etc. There’s a full team which is quite experienced to handle all this and takes care of all the. All the risks and daily monitors the risks. Daily monitors the project execution to ensure that the timely completion of the contract within the budget is done.
Parth Kotak
Perfect, sir. That’s all. Wish you all the very best for the years to come.
Atul Tantia
Thank you.
operator
Thank you. Ladies and gentlemen. You may press Star and one to ask a question. The next follow up question is from the line of Ankur Kumar from Alpha Capital. Please go ahead.
Ankur Kumar
Sir, wanted to understand regarding this expectation of 2022% growth. So we expect a similar kind of quarterly run rate or do how should we look at it? As in it will be H2 heavy or how should we look at it?
Atul Tantia
H2 will be slightly stronger which has historically been there as well. But having said that, I think that quarterly there should be a growth of almost 15% plus every quarter.
Ankur Kumar
And sir, on console side you expect margin improvement. So how are we expecting that? As in how are we expecting that is what I want you to Understand?
Atul Tantia
So obviously, like I said earlier, with the Kana facility starting, the loss that they booked there in terms of the Ghana facility will stop getting booked and rather we book profit. So the margins will improve on the console level as well. And it will be closer to the margin that we have on the stand loan basis.
Ankur Kumar
And Ghana facility, has it already started or when will it be expected to start?
Atul Tantia
Sir, Ghana facility. The trial runs have already happened. The product has been approved by the laboratories in Germany. The commercial production will start in the next one to two months.
Ankur Kumar
Got it. Thank you.
operator
Thank you. Participants who wish to ask a question may press star and one now. The next question is from the line of Chinmay Paraph who is an individual investor. Please go ahead.
Chinmay Parab
Good morning, sir, and thank you for this opportunity. Congratulations on numbers. Congratulations. Apologies if I have missed any lines during your open remarks, but.
operator
Sorry to interrupt. Sir, we can’t hear you clearly. Can you please use your handset? No, sir, can you please use your handset?
Chinmay Parab
Hello. Is it better now?
operator
Yes, sir.
Atul Tantia
Yeah, much better.
Chinmay Parab
Yes, yes. Thank you, sir. Thank you for this opportunity and congratulations on a great set of numbers. Sorry if I missed any guidance in your opening remarks but could you please shed some light on the top line growth for FY 2026 and what will be the margin range? Would it be around 13% or can it go down?
Atul Tantia
Sure. So like I said earlier, the guidance for the year is almost 20 to 22%. In terms of top line growth. The EBITDA margin will be maintained at the 13% level. And PBT and PAT would improve slightly better due to the finance cost coming down.
Chinmay Parab
Okay, sure. Thank you. And my second question will be.
Atul Tantia
I can’t. I can’t hear anything.
operator
Sorry to interrupt. So your audio is not clear over there.
Chinmay Parab
Hello. Is it better now?
operator
Yes, sir.
Atul Tantia
I can’t hear anything. But you can try.
Chinmay Parab
Yes. It’s a network problem, but I still try. How is the execution progressing? Particularly with regard to the large orders. Are we seeing timely fulfillment and expected performance so far?
Atul Tantia
Yeah. Yeah. So our execution is not a challenge. We are seeing good momentum in terms of execution and we don’t anticipate much of challenge at this point.
Chinmay Parab
Okay, sure. Thank you, sir. Thank you, sir. And congratulations again and all the best for your future upcoming years. And thank you for this opportunity.
Atul Tantia
Thank you.
operator
Thank you. A reminder to all the participants that you may press Star and one to ask a question. The next question is from the line of Guru Darshan from Kitara Capital. Please go ahead.
Guru Darshan
Yes. Thank you for the opportunity. So Just wanted to understand what has led to significant decline in CO. And second question is what would be your current peach utilization as on date?
Atul Tantia
Sorry, can you repeat the second question?
Guru Darshan
BG utilization unknown date.
Atul Tantia
Okay, so BG utilization. I’ll answer the second question first. BG utilization is approximately 230 crores. We have a sanction limit of almost 350 crores from the banks. In addition to that there is some surety bonds also available from insurance companies which allowed. So that is in terms of BG utilization in terms of reduction in cfo. It’s a good question. So reduction in CFO has happened mostly on account of reductions. Means proportionate reduction in debtors which we use from the QIB proceeds. Creditors. Sorry. Which we use from the QIB proceeds. It is also on account of what you call increase in contract assets.
Because there are some EPC contracts that we are having. Especially the NHI Ganga Bridge and others which have certain milestone based payments. So there the milestone based payment has led to certain key milestones getting stuck in terms of payments. But that is an ongoing process. We expect that the payments will come through in the next one to two months. And a large part of the contract assets being released by nhai.
Guru Darshan
Understood. Thank you, sir. Regarding EBITDA margin guidance for giving 13% plus. Is it consolidated or standalone?
Atul Tantia
Both.
Guru Darshan
All right. Thank you, sir. Thanks so much.
operator
Thank you. Ladies and gentlemen, you may press Star and one to ask a question. The next question is from the line of Soham from RV Investments. Please go ahead.
Soham
Thank you, sir. Am I audible?
operator
Please use your hand, sir.
Soham
Hello. Thank you, sir.
Atul Tantia
Please go ahead.
Soham
Company can you know the volumes in the concrete sleeper segment in FY25?
Atul Tantia
I can’t hear, sir.
Soham
Volumes in the concrete sleeper segment in FY25.
Atul Tantia
Volume in terms of revenue or how you know volume.
Soham
Now how much of this is from our domestic facility?
Atul Tantia
Domestic is about 66 crores.
Soham
66 in revenue terms.
Atul Tantia
Correct revenue terms.
Soham
And are we still maintaining our 2000 crore guidance for FY25 27?
Atul Tantia
We expect to be close to that. Yes.
Soham
Thank you.
operator
Thank you. Ladies and gentlemen, you may press Star and one to ask a question. The next follow up question is from the line of Bhavik who is an individual investor. Please go ahead.
Bhavik
Yes, sir. Thank you for taking my questions again. Sir, I want to understand the execution in this quarter. Since we are one and a half month in this quarter. Are we doing a monthly run rate of over 100 crores? I mean in the last two months.
Atul Tantia
In the last 45 days. Yes. We are doing more than 100 crores a month.
Bhavik
Oh okay. That’s great sir. And sir, as an investor just wanted to understand, you know, we’ve paid close to 40% of profits as dividend. So I mean I just wanted to understand that you know, if maybe the debt can be paid down quicker by reducing the dividend, you know, because that can help, you know, to also boost the profitability. Because our finance cost is pretty high despite only 120 crores in debt.
Atul Tantia
So like I said, finance cost is not, it’s not like a 20% interest rate. Our interest rates are 8 to 9%. And finance cost also includes these bill discounting limits and includes a whole host of things in terms of bank guarantee costs etc as well. So the utilization in terms of fund based limits is almost 60 crores from the banks. So to reduce that further will be, will always be a big challenge because obviously since we are taking bank guarantees from the banks, they also want some finance, some fund based limits as well. We have also parallelly due to that also parked some money in NCDs and mutual funds that is also available with the management to reduce the debt going forward as well.
Bhavik
Okay sir, thank you sir very much.
operator
Thank you. Ladies and gentlemen, you may press star and one to ask a question. A reminder to all the participants that you may press star and one to ask a question. The next follow up question is from the line of Guru Darshan from Kitara Capital. Please go ahead.
Guru Darshan
So in terms of cost savings we are doing because of backward integration, could you please quantify.
Atul Tantia
Sorry, can you just go on a handset because your line is echoing.
Guru Darshan
Can you hear me now?
Atul Tantia
Yeah, better.
Guru Darshan
So in terms of cost savings we’re doing because of backward integration, should you quantify its impact on, you know, EBITDA margin? What can we expect?
Atul Tantia
So impact on EBITDA margin for that would not be a very significant number. Maybe about 3 to 4 crores on EBITDA. More 150 crore plus. It’s not a very significant number.
Guru Darshan
All right. All right. Thank you sir. Thank you so much.
operator
Thank you. Ladies and gentlemen, you may press star and one to ask a question. Participants who wish to ask a question may press star and one. Now the next follow up question is from the line of Soham from RV Investments. Please go ahead.
Soham
Thank you sir. Just a follow up question of this 66 crore from the domestic facility in the Sleepwa segment. What was the evit for FY25?
Atul Tantia
I think that it is available in the standalone financials but it is approximately 6.5 crores.
Soham
What is the revenue potential of this facility
Atul Tantia
without any capex and without any capacity addition and all from this domestic facility, what is the potential how we.
Soham
Can achieve 125 crores?
Soham
Thank you sir. Very helpful.
operator
Thank you. As there are no further questions from the participants, I would now like to hand the conference over to Mr. Atul Tantia, executive Director and Chief Financial Officer, for closing comments.
Atul Tantia
Thank you everyone for your insightful questions. I hope that I have been able to answer all of them suitably. In case you have any further questions, do get in touch with us directly or through our Investor Relations Advisors, TedR IR. Thank you and have a nice day.
operator
Thank you. On behalf of GPT Infra Projects Ltd. That concludes this conference. Thank you for joining us. And you may now disconnect your lines.