Stockrabit · Analysts
Questions across 10 calls

Anand Shah

Axis Capital

Britannia Industries Limited

Britannia Industries Limited CC-May26.pdf · 2026-05-08
Just a couple of questions. So firstly, on the d ual pricing and the Jan, Feb, March growth split. So, this dual pricing did not have any impact in Jan, Feb and it particularly only impacted March. And also, I mean, if you remove the West Asia impact completely on the international business, then would Jan, Feb, March, the core India business that would be steady or that was just throughout the months dragged by this…
So, if I then split it, so then just purely, if I remove West Asia, then normalized growth would be 9%, 9% for Jan, Feb, March, let's say, for example, I mean, it will be more smooth curve.

Marico Limited

Marico Limited CC-Nov25.pdf · 2025-11-14
Yes, hi, thanks for the opportunity. So, a few questions. Firstly, on the digital first portfolio, you already sort of are seeming to be clocking much higher than your aspiration. So, as per my math, you already probably would be in that Rs. 1,000 crores ballpark this year itself. So, any chance sort of, I think you already upgrade the ARR guidance to that extent, but any chance there you will surpass and which parts of the por tfolio are firing here mostly? C an you give some granularity?
Got it. Perfect. On the margin side, would it be fair to say you will already, maybe by 2026, be in the low to mid-single digit in terms of margins for the digital first portfolio?

Avenue Supermarts Limited

Avenue Supermarts Limited CC-Mar25.pdf · 2025-07-30
Thanks for the opportunity. Just one question there. I mean, if I look at Arnab’s question that you have been looking to improve the service levels, and then if I look at the manpower addition that you've been doing, it's sort of up almost about 20%, 25%. And it seems that post -COVID, this number of people, let's say, per store on average had gone down. And now you have built back up in line with this focus on improving customer service as well. So, is that sort of now coming full circle? As in, let's say, on an average, if you need a certain number of manpower per store and it came down, is it now back to the optimum level or you are still looking to sort of build up?
Got it, got it. And I mean, from a margin viewpoint, of course, I mean, it seems that the bulk of the drag on the margins has been largely because of this staff cost, whether you look at staff as well as the contractual employees and club other expenses. So, I mean, that drag, I mean, if I set aside the store expansion that you are looking to accelerate and hence you may see some more, but would that sort of now hit a sort of a bottom there at about 8% margin? I mean, internally, would you say these are the kind of threshold margins you target or if it deteriorates and you want to accelerate business, you are okay with that?

Bikaji Foods International Limited

Bikaji Foods International Limited CC-Sep24.pdf · 2024-10-25
Hi, sir. Just a question on the recent acquisitions, I mean, of THF and you're looking to sort of build a housing branch in QSR. So, just wanted to understand your thought process here and any specific capital deployment you have planned here? Are you looking for more acquisitions? Will you also be scaling up the Bikaji brand into QSR and all?
Thank God. So, all these bakeries and artisanal products, you will essentially be looking to scale up in your own business. It will be more like this cafe QSR model.

International Gemological Institute Limited

International Gemological Institute Limited CC-Mar25.pdf · 2025-04-21
Yes. Hi. Thanks for the opportunity. Just a few qu estions. So, firstly, I mean, while it's early days, but because of all these tariff changes, any indication you can give on any disruption you've seen or are likely to see maybe in the next three to six months? And does this China tariff angle in any way sort of benefit you?
Got it. Very clear. But I mean, in the near term, is there any disruption at all like my Q2 may get impacted because of uncertainties? Are you seeing any…?

Page Industries Limited

Page Industries Limited CC-Sep24.pdf · 2024-11-07
So first question is on the channel part. I mean, you've seen the number of MBOs getting consolidated over the last few years, even EBO account has sort of been flattish for the last 4 quarters. And also the number of distributors this time has sort of com e down. So just wanted your thoughts on what is your target for channel expansion and kind of change in mix that is happening?.
Got it. And just a follow-up on this, any breakup you can share in terms of the mix of revenues between MBO, EBO, LFS and e-comm, any rough mix?

Pidilite Industries Limited

Pidilite Industries Limited CC-Sep24.pdf · 2024-10-24
Just a couple of questions. Sir, firstly, on the domestic subsidiaries, the CBT business sort of was slower, sort of declined this quarter Y-o-Y. I mean you did highlight Nina. But that's the only way read through or anything else to read through here?
Yes. Got it. And just lastly on your employee cost. I mean, we have possibly seen a surge. And now again, I mean, even in H1, it was up substantially. I mean, is some of this sort of front-loading sort of building or investing more? Or I mean, eventually, do you expect with double-digit, you will see a lot of leverage here as well?

Varun Beverages Limited

Varun Beverages Limited CC-Sep24.pdf · 2024-10-22
Just on the international margins, basically I wanted to know they have improved actually QoQ and both YoY. And if I even look at the realization per case, it's gone up. My understanding was South Africa was slightly lower margin at 12%-13% when you acquired it and even realizations were much lower than the average international realization margin. Have you already started seeing the improvement there?
On DRC, can you break up what was the volume between 34 million? How much did DRC do this quarter?