Questions across 5 calls

Bhavik Shah

Invexa Capital

Adani Green Energy Limited

Adani Green Energy Limited CC-Apr26.pdf · 2026-04-24

Congratulations on a good set of numbers. Sir, what I understand is by 5 gigawatts of RE execution and 10 gigawatts of battery coming up, so our capex for the year would be at around, say, INR 45,000 crores if that understanding is correct? Because obviously, we'll be executing some and you will start some for the next year as well. So is that understanding correct?

Understood. And sir, with the recent improvement in the rating, our blended rate is at 8.9% in the presentation. Do we see improvement there? Or will it remain same?

Adani Green Energy Limited CC-Nov25.pdf · 2025-10-29

Hello, sir. Actually, I missed the initial part. So, what is the guidance for the current year?

Okay. So, we are seeing INR30,000 crores of capex of 5 gigawatts, and next two years, we are seeing we'll have around capex of INR30,000 crores to INR35,000 crores. So, for next two years, also, we'll have a similar 5-gigawatt to 6-gigawatt of, say, capacities coming up. And more of our capacities will be, say, back-ended in ‘29 and ‘30.

IRB Infrastructure Developers Limited

IRB Infrastructure Developers Limited CC-Nov25.pdf · 2025-11-14

Sir, my first question is when we look at the half yearly balance sheet, our net debt comes to ₹12,805 crores. But in the investor presentation, the number is different. Can you help us understand what is included and what is not, one? And second, sir, can you help us provide the breakup of the debt, how much is the private InvIT debt? And how much i s the debt on the books for EPC projects? And how much is the debt on the books for BOT and HAM projects?

Understood sir and sir, what is our debt given to private InvIT.

Lloyds Metals And Energy Limited

Lloyds Metals And Energy Limited CC-Nov25.pdf · 2025-11-13

My question is related to the debt. So, at the time of Thriveni acquisition, we were told the enterprise value was around INR5,000 crores, so around INR4,950 crores of debt. But now when we see the September balance sheet, a gross debt stands at around INR8,000 crores -- INR7,980 crores versus INR 756 crores in March. So, there is an addition of almost, say, INR 7,000-odd crores. So, is this like you have extra debt from Thriveni?

Okay. So, we have taken around INR6,000 crores from Thriveni as debt, right?

Jindal Saw Limited

Jindal Saw Limited CC-Oct25.pdf · 2025-10-23

My first question is, so we saw a decline in volumes in the current quarter, and it is mainly said due to the DI volumes being decreasing in domestic. So, what gives us confidence in the next two quarters this volumes will pick up -- have you seen any traction over there?

Right. And so when we say our order book is of Rs.19 lakh crores of which Rs.7.5 lakh crores you said is of DI pipes. So, this order will get only executed as and when the payments get released. So, like, ideally what should we take as the execution timeline of this order book , like when can we see this order book getting executed?