Am I audible, Sir?
Yes. Just wanted to understand on the anode side, what's the capex amount?
Questions across 31 calls
Deepak Poddar
Sapphire Capital
Himadri Speciality Chemical Limited
Inox Wind Limited
Okay. Sir, just wanted to check this FY26, what was our execution in terms of megawatt?
Yes. So I was not asking for the forward-looking. So that you mentioned that you're not giving in terms of megawatt, I was asking actual execution in FY26.
HFCL Limited
Yes. Sir, just a clarification first. When you said 3% to 4% increase in EBITDA margin, that you're talking about FY27, right?
Understood. And in terms of defense and data center, I think this year, you are expecting INR500 crores to INR600 crores revenue from defense, and data center, around INR400 crores. So can you throw some more light on the margin profile of this segment?
IIFL Finance Limited
Sir, just on this demerge. So, is there any time line? I mean what should one look at? I mean, by when this can -- we can execute or something like that?
But this is something which actively they're looking? Would that be the right assumption?
Thank you very much, sir, for this opportunity. So, just wanted to understand, in one of your income items, the derecognition of financial instruments. So, in last 2 quarters, we are seeing a good income in that. So, we just wanted to understand the nature of this income and how should one look at going forward?
Yes, I can hear you.
Thank you very much for the opportunity. So, just first of all, I just wanted to understand, now given your credit cost outlook is now 3.5%, so what sort of ROA we are looking at for this year? I think we were targeting closer to 3% as per our previous cal l. Now, given higher credit cost, what sort of revised outlook we should look at?
Close to 3% ROA, that is what we mentioned in the last call.
So just wanted to understand, how are we looking at ROA for this year, FY26?
Closer to 3%. And I mean, because you are still guiding for a credit cost of 2.5 to 2.7%, right? Is that right? I mean, so at that level of credit cost, how are we maintaining still ROA of 3%? I mean, what will drive that? Because on your normal level of credit cost, it's little on the higher level?
So I just wanted to understand now, because of this uncertainty, even our cost th is quarter has gone up, right? When the cost-to-income is on a higher note. So how do we see that the cost-to- income in this year, FY '25? I mean, will it normalize, or will it stay at these range?
So absolute level, I mean, I think this quarter, it was around INR1,060 crores, right? So on an absolute level, going forward, maybe it will be around that range only, right?
The Jammu & Kashmir Bank Limited
Am I audible, sir?
Yes. Thank you very much, sir for this opportunity and m any congratulations for a good set of numbers. Just wanted to check in 9 months itself, we have seen a growth of around 17%, 18%, right? So for the entire year, I mean, have you revised up the guidance of 12% that we have been saying in the last quarter?
Jindal Saw Limited
Many congratulations for a good set of numbers. Sir, just wanted to understand, first upon the interest cost. I mean, we have been seeing a decline in our interest cost since last 2 quarters. So how should one look at going forward? And what was the reason of the decline?
No, I can hear you, sir.
Transformers And Rectifiers (India) Limited
Yes, so most of my questions have been answered, just few things. And now you mentioned FY’27 and INR8,000 crores order book, given the execution in Q4 and current un-executed order book of INR5,500 crores. So we expect around INR3500 crores of order inflow in the Q4, right?
Okay, and given that you mentioned that even INR2500 crores we have done in last year Q4. So this is something which looks achievable to you?
Olectra Greentech Limited
Thank you very much, sir, for this opportunity. I jus t wanted to understand first up, I mean, is there any import component as well, I mean, in terms of our manufacturing, do we need to import as well a few components?
How much percentage, I mean, eBuses, how much percentage of import would constitute the total raw material cost for us?
Am I audible, sir?
Thank you very much for this opportunity. So, just wanted to reclarify, this year we are targeting 1,200 buses, right, in terms of delivery and next year 2,500 buses conservatively, right?
Thank you very much, sir, for this opportunity and many congratulations for a good set of numbers. Sir, I just wanted to understand how we would see the ramp up in our volumes? I mean, this quarter, I think, we delivered about 315 buses; is that right?
Yes. So, how do we see ramp up going into third quarter and fourth quarter? And what sort of volumes are we targeting for FY '26 and '27, yes?
Blue Jet Healthcare Limited
Thank you very much, sir, for this opportunity. S ir, I just wanted to understand, first up, now a couple of reasons that you mentioned because of the revenue decline that we have seen in this quarter was the transit time and de -stocking in the channel inventory. So, I just wanted to understand, as we speak, has the situation normalized in terms of transit time as well as in terms of the channel inventory? And can one expect normalized growth from this third quarter onwards?
So, has the transit time, which has increased to 60 days, has reduced now?
NCC Limited
Sir, just wanted to understand this first quarter, our net debt was around INR1,500 crores, right?
Okay. And what's the target for FY '26 end? I mean, in the past, we had some target of debt reduction. So now the debt has increased. So what sort of target we can have for FY '26 end debt levels at the gross level maybe?
Techno Electric & Engineering Company Limited
Sir, I just wanted to understand, I mean, in terms of from data center, what sort of revenue we are targeting for this year and next year, FY '26 and FY '27? And what sort of margin we can expect in data center?
INR300 crores to INR350 crores. And what sort of margin we can see here?
Kalyan Jewellers India Limited
Thank you very much sir for this opportunity. S ir, just wanted to understand first upon the margin front. I mean this year as a whole our PBT margins were down to 3.8% which is largely driven also by I think INR120 crores-INR130 crores of impact on in ventory. So, how do we see the PBT margins for this year FY26?
So, if I adjust INR130 crores, your PBT margin increases from 3.8% to 4.3%, right?
Signatureglobal (India) Limited
I just wanted to understand, ideally you mentioned that this is revenue recognition that we target remains intact of 3,800 crores because of higher delivery and collections that you expect in the second half. So, about the second half we are still targeting about close to 2,600 because 1,200 crores we have already did in first half, right?.
And what about profitability? I think on an annual basis beware of the view that even after considering the cost of the recent launches at 20% EBITDA margin is what something that one can achieve on a reported basis. Now given our first half profitability is quite muted. So, how do we see that? In terms of annual guidance, are we still maintaining this 20% or is there any downward division to that?
RBL Bank Limited
Yes. First of all thank you very much for this opportunity. Sir, just I wanted to understand now you are sounding positive that things should improve both on the credit card side as well as on the MFI side which led to increased provisioning and credit cost in this quarter. So if I have to see at the company level, how do we see credit cost in coming quarters and overall for this entire year, what sort of -- I mean, guidance range we can look at in terms of company level credit cost?
But is it safe to say that this quarter -- second quarter, the kind of provisioning we have seen is that the peak or we can see a higher peak, I mean, going forward?