Questions across 24 calls

Bhavik Mehta

JPMorgan

KPIT Technologies Limited

KPIT Technologies Limited CC-Mar24.pdf · 2024-04-29

A couple of questions. Firstly, I remember last time, you were talking about engagement with 3 clients, one each in U.S., Europe and Asia. So, are these 2 deals which you have announced this time part of those 3 engagements that you were talking about? Or are these different clients? So, just some clarity on that.

And secondly, just going back to the ESOP cost, I understand that typically, first year costs are way higher. But any broad sense of whether are we taking 50% or 60% of the cost in year 1, because the vesting is just 3 years and typically for other companies we have been vesting over 5 to 6 years. So, I just want to get a sense what should we assume for FY’26? May be rough sense will be helpful.

KPIT Technologies Limited CC-Sep23.pdf · 2023-10-31

Two questions. Firstly, on the deal TCV, if you can just throw some color on what is the average duration of the deals you are signing. Is it more skewed towards shorter -duration deals which give you faster revenue conversion or is it more skewed towards medium- to longer-term deals? And secondly, on the margins, obviously it’s been a good execution over the past few quarters and you have achieved a 20% target. Where do we go from here over the next 2 -3 years, let’s say, over the medium term? Should we assume margins keep on expanding or do you intend to keep margins at 20% and reinvest all the gains back into the business?

Tata Elxsi Limited

Tata Elxsi Limited CC-Mar24.pdf · 2024-04-23

Thank you. Two questions from my side. Firstly on the media client, can you just give more color in terms of whether it was in the media vertical or in the telecom space? And if you can quantify the ramp down as well for the quarter and is this something which is completely done, or should we expect some further ramp downs in the coming quarters as well? Second question is on margins. We saw margins decline by more than 100 basis points this year. So how should we think about margins for next year, given that the demand environment has not changed? Are you targeting to maintain margins or do you still have levers where you can see margin expansions? Thank you.

Okay. Just a clarification, this 3% impact is for the quarter at overall level, right?

L&T Technology Services Limited

L&T Technology Services Limited CC-Dec23.pdf · 2024-01-16

Thank you and Happy New Year to the management. So, three questions. Firstly, just on the quarter itself like what surprised you positively and negatively in terms of the demand in the different verticals. Secondly, last time, you had spoken about pressures in Telecom & Hitech, Plant Engineering and Medical. Now you highlighted that Medical still remain under pressure but is the worse over in terms of demand for Telecom & Hitech and Plant Engineering and will we start to see growth accelerate from here on? And lastly, on the guidance, 4% to 7% for the fourth quarter. How much of this confidence is coming from the deals which have already been won and you started ramping up v s the deals you are aiming to close in this quarter? Basically, trying to understand what is the risk that you miss the guidance when you report in April? Thank you.

Okay. Just on the vertical, so Telecom & Hitech and Plant Engineering going to grow from here on? Or do we see some pressure out like in Medical?