Stockrabit · Analysts
Questions across 12 calls

Dhavan Shah

Alfaccurate Advisors

Hitachi Energy India Limited

Hitachi Energy India Limited CC-Jun25.pdf · 2025-07-30
Thank you for the opportunity. So, my question is on the royalty payout. If I compare your royalty versus the GE T&D India, so I think GE is paying roughly 1-odd percent. We are paying roughly 4-odd percent. I can understand we are getting the superior technology and everything, which helps us to bid for the complex projects. But just a suggestion, I think can we do it or not, I am not sure. But can we reduce the royalty payment and increase the dividend payout given that even though you will increase the dividend payout, Hitachi parent itself holds 75% stake so the lost money whatsoever from the royalty through dividend. So, can we do that kind of arrangement?
Understood. And one question is on the admin cost, even if I compare the admin cost, it is still higher for us compared to the peers, which is roughly 4%, 5% for us compared to 1%, 2% for the other competitors. So, any room for improvement over there? Because that is more or less a fixed cost, despite our revenue size, it’s more or less the same at the moment, there is still a difference in terms of the admin cost; they are having lower admin cost versus us. So, any room for improvement over there? 26/26
Hitachi Energy India Limited CC-Dec23.pdf · 2024-01-24
Thanks for the opportunity, sir. So, my question is on the order book breakup. So right now, the order backlog is roughly INR 7,500-odd-crore. And if we exclude this INR 2,000 crore HVDC. So, what would be the order book breakup between service, exports and then the other industries like the data center and the other emerging one? Can you share the breakup of that? And what would be the execution timing?
Okay. And as you said that the value-added segment, like the exports and the service revenue would go up in the coming quarters, which would help you to improve the overall EBITDA margin. So, what kind of gross margins do we do? And right now, it is roughly 40% od d. So , what would be your endeavor by FY'25? And what can be the gross margin? Because in the earlier years, we did roughly 45%, 50% also. So, is this achievable? Like 45-odd-percent gross margins?

Sumitomo Chemical India Limited

Sumitomo Chemical India Limited CC-Mar25.pdf · 2025-05-28
Sir, my question is on the export side. If I look at this FY ‘25 numbers for Japan, I think the revenue has been declined from Rs. 113 odd crore to Rs. 93 odd crore. So, any thoughts on this? What led to a decline to the Japanese export? And then how much…
And in terms of the export numbers, the contribution right now is roughly 22% odd. How much do you see this mix can go up maybe two, three years down the line once this Dahej plant plus your that five molecule CAPEX that you did, that revenue would also inch up? So, how much mix do you foresee for the exports maybe two, three years down the line or four years?

GE Vernova T&D India Limited

Schneider Electric Infrastructure Limited

Schneider Electric Infrastructure Limited CC-Jun24.pdf · 2024-08-06
So my question is on the powertrain module. The new products. So is this only for India market or we are also open for the export business as well?
And I think you mentioned that we got some 3 orders from the export during this quarter. One is from Nepal, Australia and Q atar. So any ballpark number you can share, how much was the export order inflow during this quarter? And how much does that contribute, I mean, the overall export order backlog as on first quarter '25 and what is the order pipeline from these 3 geographies?

Navin Fluorine International Limited

Gujarat Fluorochemicals Limited

Gujarat Fluorochemicals Limited CC-Mar24.pdf · 2024-05-06
Sir, my question is on the EBITDA, we are running at roughly Rs. 1,000 crores annual run rate of the EBITDA and we are expecting roughly Rs. 2,000 crores in FY25 and given that the basic chemical and the Fluorochemical more or less will remain at the same level as you guided in the opening remarks. So, this largely Rs. 1,000 crores incremental EBITDA you were expecting that this will come from Fluoropolymers only?
So, what kind of margins are we operating in these Fluoropolymers is it 25%-30%. So, logically I think these Rs. 3,000 to Rs. 4,000 crore incremental revenue you are looking at in FY25 from this incremental capacity of Fluoropolymers?

Inox Wind Limited

Inox Wind Limited CC-Mar24.pdf · 2024-05-03
So my question is on the execution side. I think we were of the estimate that this year would be around roughly 450 megawatts FY '24, but we did roughly 129 megawatts in the last quarter. So again, the question is what led to lower execution for Q4. And on a project-wise I think in the third quarter presentation, you mentioned based on the different orders. So can you share the execution time line based on the different orders like CSC, NTPC, SECI and the other ones? How it would be executed in FY '25?
Okay. I think two months back, there was news that the SECI would again start reverse bidding like it was in FY '17 or '16. So how do you see if that starts for the wind sector itself? Do you see the same kind of challenges what we faced during that time?

SRF Limited

SRF Limited CC-Dec23.pdf · 2024-01-31
Sir, my question is on the Spec Chem. side. So you mentioned that for the first nine months, there is a degrowth of roughly 10% -11% in terms of the revenue. And you are hopeful that this fiscal will end up with maybe stable or largely lower negative side of the growth and there is some deferment of the revenues also. So what is the quantum of the deferment of the revenue? And what is the key reason for that? That is my first question.
Okay. And how is the overall demand do you see in terms of Spec Chem.; how is the overall sign in terms of the demand environment? Can you share some thoughts on that?

C.E. Info Systems Limited

C.E. Info Systems Limited CC-Sep23.pdf · 2023-11-01
So, my question is on the map-led EBITDA performance. So, you mentioned that, well because of the operating leverage there is margin improvement during this quarter. But if I look at on quarter-on-quarter basis the revenue growth hardly Rs. 2 crores quarter-on-quarter improvement in revenue. And if I look at the EBITDA the same number has been improved. So, I am unable understand, how the operating leverage has helped us, in the map-led business. And can you please share the revenue breakup between A&M and C&E under the map-led during this quarter versus the last quarter?
But this is for the entire business, right unde r the map-led what would be the A&M revenue and what would be the C&E revenue? And how the mix changed?

Jindal Saw Limited

Jindal Saw Limited CC-Sep23.pdf · 2023-10-27
Thanks for the opportunity, sir. So, my question is, on the SAW p ipe, can you help us to understand the demand supply situation in the domestic market? So, you already highlighted that there is a good demand, strong demand across the oil and gas plus the null -settle. So, how do you foresee the incremental investment from these two segments or two sectors for the next two to three years? And what would be the incremental demand in terms of the tonnage wise can help us to understand versus the capacity in the Indian market? And considering any new capacities coming in, so how do you see the overall demand supply situation for the SAW pipe?
Okay. So, our plans are operating at what utilization for the SAW business and you already mentioned that the new players can catch up with the clear?