Stockrabit · Analysts
Questions across 9 calls

Basudeb Banerjee

CLSA

Ashok Leyland Limited

Ashok Leyland Limited CC-Nov25.pdf · 2025-11-12
Yes, thanks. So congrats for a decent set of numbers. A few questions. One, sir, the exports moving from 12,000 -18,000 and then in next 2-3 years’ outlook towa rds 25,000. That is fabulous. So you said the GCC and African markets driving, but what suddenly picked up this fiscal that growth was almost 35% in first half, which is a humongous percentage terms. And those developments going ahead to reach 25,000 in next 3 years, then the growth will also taper down. So if you can explain us the parts of what changed this year to drive such a growth and also higher margin businesses?
Sure, sir. That is great. Second, sir, if you can quantify the initial speech you said, which was EBITDA and PAT positive in first half, if we can quantify that?

Balkrishna Industries Limited

Balkrishna Industries Limited CC-Nov25.pdf · 2025-11-01
A couple of questions. So one, if we see that it's almost a prolonged period that overall annual volume is restricted around this 300,000 tons because of tariffs or macro issues. But in the meanwhile, India piece has moved up from 12% of revenue to 25%, 30% of revenue, now GST cut, infra push, etcetera, as you highlighted. So can you see what kind of size of opportunity lies in India market and how further it can go up so that it can derisk you more for these global uncertainties? That's the first question, sir.
Second question is, sir, like again, on the back of this prolonged headwinds in the global market, you have like BKT Tires cricket sponsorship in Australia. So if you can define what is the outcome of these initiatives in markets like Australia or new market initiatives you are taking to derisk the business? Because if we see India, Europe and U.S. in your pie chart, rest of the world revenue mix is not moving up despite headwinds in these developed markets. So how to look from that angle?
Balkrishna Industries Limited CC-Mar25.pdf · 2025-05-24
A couple of questions. This kind of tariff uncertainty scenario and geopolitical aspect which you highlighted, so what is the inventory situation in your end distribution? Has there been any prebuying before hearing the tariff as such? So, how do you look at this wholesale number from an inventory perspective?
Okay. That's perfect. And second thing, sir, as you rightly said, domestic OHT tire market being around INR80,000 crores and your desired revenue of INR4,300 crores is 5%. But by FY '30, this INR80,000 crores might move up to INR1 lakh crore plus and then the market share after FY '30 at your initial investment is going to be sub 4%. So do you think that at such a marginal presence, it will help you to derive industry competitive profitability as such from that angle?

UNO Minda Limited

CIE Automotive India Limited

CIE Automotive India Limited CC-Mar25.pdf · 2025-04-30
Thank you. Hi Vikas. Just wanted to understand. As Ander highlighted, 5%-6% potential Europe car market decline this calendar year. But out of your European business of crankshaft etc. catering to say, Marino, etc. How much of those cars are exported to US because if the tariff issue remains, so there can be demand elasticity impact and subsequent production reduction other than core Europe market lower car retails.
Actually trying to understand that what percentage of the crankshaft supplied by you to the end OEM are actually exported. I am not seeing CIE actually exporting to US, but the end vehicle is getting exported.
CIE Automotive India Limited CC-Jun25.pdf · 2025-04-30
Thank you. Hi Vikas. Just wanted to understand. As Ander highlighted, 5%-6% potential Europe car market decline this calendar year. But out of your European business of crankshaft etc. catering to say, Marino, etc. How much of those cars are exported to US because if the tariff issue remains, so there can be demand elasticity impact and subsequent production reduction other than core Europe market lower car retails.
Actually trying to understand that what percentage of the crankshaft supplied by you to the end OEM are actually exported. I am not seeing CIE actually exporting to US, but the end vehicle is getting exported.

JK Tyre & Industries Limited

JK Tyre & Industries Limited CC-Sep24.pdf · 2024-11-06
The raw material basket which moved up 6 %-7% in Q2, how do you see that with today's commodity price come down in Q4 per se, not in Q3, because it will have a lag e ffect. So, this is with respect to the question of further price hike , whether price hike is required at all or not because commodities would have corrected equivalently by Q4 today’s price?
Second question, the last time when did the JK or industry in general reduce replacement market prices to pass on commodity price benefit?

CEAT Limited