Questions across 15 calls

Dixit Doshi

Whitestone Financial Advisors Private Limited

Aditya Birla Real Estate Limited

Aditya Birla Real Estate Limited CC-May26.pdf · 2026-05-07

Sir, we have been invested in this company since last 3, 4 years. And the one big reason is that our vision of becoming top 3 or top 5 real estate player in the country. But when we see our business development pipeline, so all the projects that we launch, we get a very good response. We have created a very good product. Our sales team is fine. We are getting good response. But when we see business development pipeline and we see our competitors' business development, what they do, did you still think we can become a number 3 or number 5 player in the country? Because our competitors are doing a BD of say INR 20,000 crores, INR 30,000 crores, INR 40,000 crores. And we have done just INR 1,600 crores last year. So in terms of -- because until we do that, our sales pipeline will always remain lumpy?

Yes, sure, sir. And just a couple of small questions, sir, how many units we would have sold totally in Niyaara 2?

Aditya Birla Real Estate Limited CC-Feb26.pdf · 2026-01-29

Some of my questions have been answered. One thing, so you mentioned that why we have increased the GDV of Thane. But there are a couple of projects, the Birla Arika and Birla Punya, where we have scaled down the GDV, which was mentioned in Q2. So why we have reduced the size of those 2 projects? That's my first question.

Is it because you are seeing demand pressure in Pune?

Aditya Birla Real Estate Limited CC-Dec24.pdf · 2025-01-22

So, my questions are related to this recent Supreme Court order. So some of the things you have already covered in the opening speech, but a few doubts regarding that. So firstly, is it only -- the litigation is only in the West part? Or is there any litigation on the East part of the land as well? Secondly, this West part is a 10 -acre, so entire 10 -acre is under litigation and only the judgment has come for 6-acre or only 6-acre was under litigation and 4 acres is absolutely clear? The next part is whether we will have to develop any units for the BMC? And if yes, then how much it will cost us? I have a few more if you want, I can cover entire thing.

So, in case this land goes, so we will not have to build anything?

Aditya Birla Real Estate Limited CC-Sep24.pdf · 2024-10-22

Sir, so our balance sheet as of September, does it reflect the deal that we have done with Bombay Dyeing? So the land is part of the inventory and if we would have taken some loan that is also part of the loan that we're showing in this balance sheet or it...

And sir, this booking value, if you can give us a breakup the project-wise of the booking value?

Union Bank of India

Union Bank of India CC-Apr26.pdf · 2026-04-23

Yes, thanks for the opportunity. Just couple of things. Firstly...

Yes, so firstly, what is our written off pool now? And if we see this year, the recovery from written off account was INR 4,000 crores. So, what kind of recovery? Will this number sustain next year as well?

Union Bank of India CC-Nov25.pdf · 2025-10-30

Thanks for the opportunity. So, if you can elaborate on the NIM, so we are at 2.67% now. So, how do you see it from Q3 onwards with already, the rate cut must have been passed on? So, by year-end, what kind of improvement we are expecting?

Okay. And my second question is regarding the PSLC. So, I think this year, we won't be having any PSLC income. But will it come back from next year onwards or it will not?

Union Bank of India CC-Sep24.pdf · 2024-10-22

My first question is, can you give a breakup of our MCLR link and external benchmarking clone?

My second question is regarding your outlook on the NIM. So, where do you see our NIMs over next 3-4 quarters because even without the interest rate cut by the RBI, we are seeing the pressure on the NIM. So, if not in December, let’s say in January, February, we will see a rate cut. So, how do you see your NIM over the next 2-3 quarters?

Union Bank of India CC-Sep23.pdf · 2023-10-28

Yes, so I have a couple of questions. Firstly, in terms of, as Miss Chairman has mentioned, the Merchant Banking and Wealth Management business, if you can throw some more light by when we can build this business, wealth management and merchant banking and how many credit cards we have operational right now. Show some light on those businesses? And my second question is regarding the income tax. So in the H1, if I see our provision for tax is almost 36%. So it will remain at that level or for the full year, it will be lower in the H2 and for full year, we will be at 25%?

So, my second question was regarding the income tax. So for H1, it was almost 36%. So for full year, it will be 25% or it will remain at these levels?

NBCC (India) Limited

NBCC (India) Limited CC-Nov25.pdf · 2025-11-14

My first question is, so can you just break up in terms of order book, how much is on a self - sustainable model and how much on the budget allocation.

Okay. So, we can say that this 40% PMC will be executable in more or less in the next 3 years and 60% of redevelopment maybe 4 to 5 years?

NBCC (India) Limited CC-Feb26.pdf ·

Okay, including Supertech. So basically, if I say, let’s say INR 40,000 crores of MAHAPREIT and J&K, and INR 10,000 crores of Supertech, that INR 50,000 crores is actually not moving nothing has started over there out of this INR 126,000 crore. And do you expect the entire , this INR 50,000 crore will start from next year onwards?

Okay. So, revenue contribution from both the projects will come in second half of next year, because still we are doing the consultant and tenders for work will be awarded, and then the revenue recognition will start?

NBCC (India) Limited CC-Sep23.pdf ·

Okay. And of this INR 55,000 crores, how many projects the work is already started? K. P. Mahadevaswamy, Chairman and Managing Director Almost, Amrapali, all the projects already awarded except one Tech Park, out of 25 projects, 24 are already awarded, one project yet to be awarded that is Tech Park. Whereas in seven GPRA, almost eight projects already awarded, rest projects, we were awarding. It is in process.

So, in terms of value of this INR 55,000 crores. In terms of value, already awarded around INR 20,520 crores.

Sammaan Capital Limited

Sammaan Capital Limited CC-Nov25.pdf · 2025-10-31

So as you mentioned about the net gain on derecognition. So this year, it will be higher, but steady state, it can be 4% of the book. So, I just wanted to understand, does it come from the legacy book as well or it's mainly from the new growth book?

Natco Pharma Limited

Natco Pharma Limited CC-Dec24.pdf · 2025-02-13

Hello. Ye s, thanks for the opportunity. A couple of questions. Firstly, you mentioned that obviously post FY '26, we will see some drop in the revenue because of the Revlimid. But other than the Semaglutide in India, which are the bigger launches you are expecting? And my second question is regarding the Olaparib timeline, if you can broadly speak about that?

But Olaparib, can it come in FY '27 or is it difficult to guess at this point?

Coal India Limited

Coal India Limited CC-Dec23.pdf · 2024-02-19

Sir, firstly, just a clarification. You mentioned for January and February, the e-auction premium has come down to 30%?

Okay. So for the first 15 days, it's more than 100% in the Q3, right?

RITES Limited

RITES Limited CC-Sep23.pdf · 2023-11-01

My first question is regarding the export business. So in the last quarter, we had two order wins of Zimbabwe INR850 crores in Mozambique INR500 crores. And recently, we have one order in Bangladesh of INR900 crores. If you can update on all three of this where it is by when you expect to sign the agreement and find we can start working on these projects and how much time it will take for the execution?

Okay. And update on Zimbabwe?