Stockrabit · Analysts
Questions across 2 calls

Aditya Das

Firm not listed in source transcripts

Astral Limited

Astral Limited CC-Jun25.pdf · 2025-08-12
So, my question is regarding, despite our market share in the piping business is still relatively in the higher single digit, and the other new businesses that we have say paints and adhesives have comparatively even lower market share. And so the opportunity to grow in terms , the longer term business opportunity is huge. So, I understand that quarter-to-quarter we might have some disappointments because of the polymer prices, not meeting our expectations and going down. So, we are technically reporting inventory losses , but that is something which is of short term nature. What I want to understand from you is, where do you see this business say, five years from now, seven years from now, and what is the volume growth or probably top line growth that we can sustainably expect from this business, considering that we have a lot of new businesses that's my first question.
No, I totally appreciate the fact that, even when compared to peers we are holding our EBITDA margins relatively quite well. And also it is clear that through our margins that some of our peers might be pushing some of the products into the market and we are not so that, strategy is quite clear.

Five-Star Business Finance Limited

Five-Star Business Finance Limited CC-Jun25.pdf · 2025-07-29
So I had a bit of a longer-term bigger picture question. So I understand 1 or 2 quarters we have increase in credit cost because of the issues in Karnataka . But over the longer term, 3, 5 years from now, I just wanted to understand how do we see the business? What is structurally the ROAs or NIM and ROEs that we expect out of this business? And like what is the sustainable credit cost that you can expect on a longer-term basis?
Okay. Just one additional question here. So if ideally we are moving the portfolio under INR3 lakhs to more like INR5 lakhs to INR10 lakhs segment, should not the credit cost be -- like the credit cost guidance should ideally remain the same or come down because those segments should ideally have better quality customers even on a longer-term basis?