Stockrabit · Analysts
Questions across 27 calls

Devesh Agarwal

IIFL Securities

JK Cement Limited

UltraTech Cement Limited

HDFC Asset Management Company Limited

Indian Energy Exchange Limited

Indian Energy Exchange Limited CC-Sep23.pdf · 2023-11-03
Good Afternoon Sir and thank yo u for the opportunity. My question is around the supply side. You did mention that supply i s likely to improve going ahead, but I just wanted to understand better in terms of what is giving you that comfort ? And secondly given that we would be entering into State elections and then Union election wouldn’t SEBs be wanting to sign s hort-term bilateral contracts to ensure that the supply is i ntact during this election period?
Just to understand better you did mention that in the LDC market in the first half we did 3.6 billion units. So if you were to divide this in one month or 3 month contract where are we seeing most of the volume s coming, where is the concentration of volume ? Is it in like 10 day, 15 day contracts or one month or three months?

Kfin Technologies Limited

Kfin Technologies Limited CC-Sep23.pdf · 2023-10-23
Hi everyone. Thank you for the opportunity and congratulations on a good set of numbers. First question is again on the international and other investor solution. Although, you did mention that there was a good jump in the alternatives, what I want to understand better that we are seeing an increase in the revenues after six quarters of revenues being between the INR15 crores to INR18 crore s bracket. So is there any one -off component, one -off in terms of whether the platform fees are kind of pushing up these revenues and what could be the sustainability of these revenues?
No. So I'm asking in international and other investor solutions, the INR22 crores revenue that we have for the quarter, I'm assuming that they include some platform fee, which is more like a one-time fee. So what I wanted to understand, would we see this revenue line item will have volatility going ahead? And there would be a quarter w here we see a spike, because of you selling more of platform-based, what do you say, offerings to the clients. Or rather, I would say, I want to understand wha t is the component of annuity and one time -fee within this INR22 crores?

Aditya Birla Sun Life AMC Limited

Aditya Birla Sun Life AMC Limited CC-Sep23.pdf ·
Thank you for the opportunity, sir. First question, sir, is slightly on a macro thing. In the past, we've been talking about financialization of household savings, and some of the recent data is suggesting that there is a reversal in that trend. And next financial savings have seen a bit in terms of within the household. And so, in that light, how do you see although we understand that the flows have been pretty strong for equity segment over the last three four months. But going ahead with this trend that we are seeing and the interest rate on FDs has been high, do you see any risk for the inflows into the equity segment?
Understood, sir. Sir, you did mention that given the increased contributions coming from SIP close, the overall stickiness is kind of increasing of the net flows into the equity segments. I just wanted to understand, based on the kind of investors that we have, generally, or is the tenure for these SIPs that gets come down and if tomorrow , this is again a hypothetical question, if markets would fall, say, by 10%-15%, do you think that the stickiness will be there or there could be some churn in terms of these investors not reopening the SIP. And to that extent, the SIP flows can also be addressed?
Aditya Birla Sun Life AMC Limited CC-Dec23.pdf ·
Good afternoon, everyone and thank you for the opportunity. Sir, just continuing the yield on the new flows, you mentioned 65 precent is the sharing. Some sense if you can give, as you said, that on the book, we are earning a blended yield of 69 – 70 basis. So, can we consider 55 – 60 basis would be the yield that we have on the new flows?
Okay. And sir, is there any possibility of this to improve the yields on the new flows based on the contracts that you have with the distributors? Is there any scope or headroom where we can reduce the payouts to them from, say, 65% to any number? Is that a possibility or very difficult?