Stockrabit · Analysts
Questions across 10 calls

Aditya Suresh

Macquarie

Meesho Limited

Meesho Limited CC-May26.pdf · 2026-05-06
Yes, thank you. Good evening. Two questions. The first is on contribution. So you've seen that sequential 170 basis points improvement in contribution margin. A lot of that is that logistics down about 110 basis points. This is coming as you scale back, your in-sourcing push, right? So, I guess the general question is that so if free cash flow is your North Star, then why not say for example further push down in -sourcing right to say from 50% down towards 30% with the kind of the objective of kind of further expanding CM, free cash fl ows, etcetera? So that's the first question. The second question is on cash flow from operations particularly in absolute basis. The scale of that negative number has expanded quarter on quarter for the past three quarters now? And even if I kind of zoom into this specific quarter you see that cash from operations further go negative even as you've seen that margin improvement whether it be at a CM level or that adjusted EBITDA margin level. So, if you can just square that for me, please? Thank you.
Okay, that'll be fantastic. Thank you.

Indus Towers Limited

Indus Towers Limited CC-Feb26.pdf · 2026-02-03
I just had one question on the competitive dynamics. Can you just talk through kind of any changes which you're seeing in your tenancy market share with a more -- potentially more aggressive second player in the market?
If I may ask just a follow -up. So the number 2 player, he has a tenancy ratio of slightly above 1.2x. We're at 1.6. There's obviously an ambition from that player to expand his tenancy ratio. So are you seeing any kind of price deflation at all in the market?
Indus Towers Limited CC-Jun25.pdf · 2025-06-30
Just on the macro tower addition comments, given that you mentioned that you have a backlog, which is fairly robust, are you able to provide any range of how your footprint could look like in the next, say, maybe 1 year or perhaps in 2 years? And I guess the related question to that is, would these kind of tower additions be all largely single tenancy?
Okay. And in terms of the sharing revenue per operator per tower, can you speak about the trends there? There's been a gradual moderation in that ratio over the past couple of years. It seems to be still moderating. Any thoughts, color here on this as you kind of add towers, will this improve?

Swiggy Limited

Analysts/Institutional Investor Meet/Con. Call Updates Swiggy Limited has informed the Exchange about Transcript · 2025-02-05
I had 2 questions. First, maybe for Harsha. Harsha, obviously, market dynamics are fairly fluid. What in your vantage point are the top 3 financial priorities for Swiggy? And are you drawing any boundary condition of the losses you're willing to fund in Instamart over the next, say, 12 months, 24 months?
And in terms of the financial priorities, Harsha, are you able to rank sort of what the priorities are for Swiggy?

ETERNAL LIMITED

ETERNAL LIMITED CC-Mar25.pdf · 2025-05-01
Thank you for the opportunity. So Albinder, for you maybe on Blinkit. This quarter, I thought it was really interesting that contribution margin was maintained. The loss expansion is more to the adjusted levels. You kind of, moved the incentive spends, etc. right? Just reflecting your comments on competition for the next few quarters or maybe if I just expand it as well, in the face of competition, could we expect contribution margin to drop? Or should we expect contribution margin to be flat?
Got it. And just in terms of the prior state in the first half when you were at the breakeven position, would it be fair to say that we’ll be back on the path towards breakeven only once competition settles? Or do you see any other levers here to kind of pull to get us back on the trajectory even as competition is expanding?

Tata Communications Limited

Tata Communications Limited CC-Apr26.pdf ·
Yeah, thank you for the opportunity. So, two parts. First on growth, what drove the sequential momentum this quarter? And I guess, is that a position which you think is sustainable into the full-year for FY27? That's question one. Question two is on margins. Why was core connectivity margins softer this quarter. Can you just talk to that a little bit? And within the digital portfolio, I appreciate you don't give a breakdown, but which are the elements which are still underperforming for you and some of the steps you're taking, please? Thank you.