Stockrabit · Analysts
Questions across 85 calls

Amit Murarka

Axis Capital

JK Cement Limited

JK Cement Limited · 2026-07-20
Hi sir. Thank you. I thought I will not be allowed to ask a question despite pressing star one 13- 14 minutes before the start of the call. Nevertheless, I will go ahead with my question. Sir, when we mention that we are looking at on the grey front 22.5 to 23 million ton kind of a volume for this year, that means we are looking at a very subdued growth for the next three quarters maybe a close to a 6, 6.5% given already this 6 million ton we on Y-o-Y basis if I look at 0.95 million tons so kind of a 1 million ton incrementally we have done. Last time we were looking at close to 2.5 million ton incremental volume in FY27 and given the strong number don't we think we should be at least doing a 3 million ton extra volume in this year and maybe a last time also we said in FY28 we will be doing a incremental 3 million, that number should be a inching 3.5 million ton incremental volume.
Okay, okay. Got it. And -- at least we should be definitely be growing kind of a double digit…

Nuvoco Vistas Corporation Limited

Nuvoco Vistas Corporation Limited · 2026-07-14
Yes. Hi. Good evening and thanks for the opportunity. So, just wanted to understand the pricing and cost a bit better. We see that you ha d a quite a strong pricing improvement in the quarter, but at the same time, like there was some moderation in the Y-o-Y growth, which is roughly 4%. So, wanted to understand, like, was there also a change in mix between trade, non-trade which happened in the quarter, or is the pricing gain attributable purely to market- level price hikes?
Got it and thanks for the elaborate answer on that one. But pricing just to understand better, I think you mentioned that your realization improvement was better than the market, that was a function of geo-mix optimization as well as in more trade in the mix or how is it?
Nuvoco Vistas Corporation Limited CC-Jan26.pdf · 2026-01-16
Hi. Good evening. Thanks for the opportunity. So, just a question on leverage. So, in the presentation, I think you have shown debt at INR 4,217 crore and plus INR 600 crores as short- term bridge loan and CCD. So, I just wanted to understand a bit more about the CCDs as to what are the conversion terms and by when does it come up for conversion?
Okay. So, what I understood is that it is compulsorily convertible into equity at the end of the seventh year?

Mahanagar Gas Limited

Mahanagar Gas Limited CC-May26.pdf · 2026-05-08
So, when you say that you expect more than 10% growth in FY27, I think you also said that industrial is down 20%. So, are you like expecting much higher growth from domestic PNG as well as CNG? If you could break out the expected growth rate segment-wise also.
Sure. So piped gas and like is it possible then that we add maybe a lot of customers and maybe we get like 20% or higher growth rate in pipe gas volume this year? That seems like a new possibility.

SHREE CEMENT LIMITED

SHREE CEMENT LIMITED CC-Nov25.pdf · 2025-10-28
On cement realization, you mentioned it was INR4,840 per ton. Could this exclude other operating income, if I'm not wrong? And could you give a similar number for Q1 as well?
Sure. And you also mentioned that you prioritize realization over volume. Given that we are in the midst of a significant expansion program, what would be then the outlook on the expanded capacity? Can we expect them to kind of have a slow and gradual ramp up? What would be the outlook on the volumes essentially?

APL Apollo Tubes Limited

APL Apollo Tubes Limited CC-May26.pdf · 2026-05-04
So just wanted to understand like, your market share movements. So I believe these kind of disruption that we are seeing, let's say the issue around fuel availability, around metal availability. Is it fair to say that this is structurally positive for you wherein you gain market share from the unorganized players?
No, I wanted to understand more the market behaviour honestly here. So like we have seen in other industries also generally high inflation somet imes also lead to down -trading and actually some gains to the unorganized players. So in that context, I wanted to understand like is this current situation that way positive for you on a structural basis or would you see or fear some down-trading to happen because the high inflation?

JINDAL STEEL LIMITED

JINDAL STEEL LIMITED CC-May26.pdf · 2026-05-02
Just 2 questions. Firstly, on the thermal captive power plants. Just wanted to understand when do we expect the ramp -up from those capacities? And what really is the strategy on the power production from there? I believe you will have some excess power cap acity at hand once you fully ramp up the expanded power capacity. So, will you be looking to sell in the merchant market? Or will you just think of using it for captive consumption?
Understood. And also, is it fair to say that now there will be no excess sale of byproducts going ahead with the ramp-up in steel capacities happening now?

Ambuja Cements Limited

ACC Limited

JSW Steel Limited

Hindustan Petroleum Corporation Limited

Dalmia Bharat Limited

Petronet LNG Limited

Petronet LNG Limited CC-Nov25.pdf · 2025-11-10
Good morning, now that petchem capex is moving full steam as you mentioned, like could you provide the guidance on capex for FY '26 and FY '27?
Sure, sure. Understood. Also on Kochi, you mentioned that 27% was the highest ever utilization. Once the Bangalore -Kochi pipeline is in place and the connectivity is there, how fast can the volume scale up happen? Like is it only -- the bottleneck is only the pipeline or even the contracts with the customers could take a bit long to come through?

JSW Cement Limited

JSW Cement Limited CC-Nov25.pdf · 2025-11-10
On GGBS, you said that you are looking to hold pricing stable in order to get some more volumes in the product. But we know that cement price in South particularly have declined quite substantially. So, does it require you to drop GGBS pricing now in order to attain that objective of volume? Or do you think that even though the gap has reduced substantially within GGBS and OPC, you would still be able to deliver the desired volume growth on GGBS?
Also, if you could talk a bit about the North utilization outlook as in your plan, let's say year one, year two, which is FY27 and FY28, what could be the expected utilization from that asset?

Indian Oil Corporation Limited