Stockrabit · Analysts
Questions across 5 calls

Garvit Goyal

Nvest Analytics Advisory

Caplin Point Laboratories Limited

Caplin Point Laboratories Limited CC-Sep25.pdf · 2025-11-06
Sir, my question is on the capital allocation side. So, we are having free reserves of more than INR 1,300 crores, while our average annual capex in the last 3 years has been around INR 200 crores and it seems like for the next few years, we will be in a similar range. So, at the same time, the ROCE that we are doing is well above 25%, but a larger part of the cash is lying in the sales instruments, maybe earning 8% to 9%, right? So even in the PAT period in recent years, the peer who have outpaced the sales growth is largely due to this treasury income. So, from a shareholder perspective, wouldn't it make sense to preserve what's required for the capex or the inorganic opportunity that you are talking about and distribute the excess cash through dividends or buyback instead of letting such a large amount earn some optimal return. So that's my first question, sir.
And can you share , like I mean if you are speaking about like we are very much open to the inorganic acquisition. So, you must be currently having something in inventory. So can you share some insight on that, like whether we are evaluating some inorganic acquisitions right now? What is the status?

Data Patterns (India) Limited

Data Patterns (India) Limited CC-Jun25.pdf · 2025-08-08
First question is on the delay that happened in this quarter due to some customer approvals, you mentioned some trial are going on. So my question is like we are saying that testing is that happening now. And at the same time, we are saying in Q2, we will start ramping up. So what is giving you this confidence that even if the testing doesn't result in execution in Q2, then we will be able to grow in Q2? That's my first question.
No, actually, my question was a little different, but you understood. I'm just trying to understand, like you mentioned on Q2 onwards, ramp -up is going to happen, like we will be able to see decent execution, right? So I'm just trying to understand like this quarter was affected by the customer delays and the delay is still continuing through Q2, what is giving you the confidence that on Q2 onwards, we will be able to execute in a decent manner? Like is it any other projects that we are w orking on or any other contract that we will be delivering is what I'm trying to understand.

Techno Electric & Engineering Company Limited

Afcons Infrastructure Limited

Afcons Infrastructure Limited CC-Mar25.pdf · 2025-05-27
Good morning, sir. Congrats for good numbers. Sir, in your opening remarks, you were talking about some temporary slowdown. So, can you elaborate upon that? Because in last concall , we were talking about closing order books of around INR 45,000 to INR5 0,000 crores by March. Citing those ongoing tenders, especially in the L1 project. But we did not end up with that figure. So, I want to understand the key reasons for the gap versus the guided range. Were there any delays in the order conversions and how now that situation is getting improved? Because we are still maintaining our guidance for FY26 as we have given in the last concall . That is my first question.
Understood, sir. Secondly, sir, you mentioned like 20% -25% growth for FY26. And medium term, we are targeting about 15% growth. So, is it like we are expecting a slowdown over the upcoming years from the government spending, which is essentially leading to a CA GR which is lower than the growth that we are expecting for next year? Is that understanding correct?

Action Construction Equipment Limited

Action Construction Equipment Limited CC-Mar25.pdf · 2025-05-27
Sir, congrats on good set of numbers. My question is on guidance part only. As compared to Q3 con cal l, when the doubling guidance was reaffirmed. Can the management clarify this inconsistency in guidance and what has changed now that our growth guidance literally got half than what we were aspiring to do in FY '23. I agree you have mentioned 3, 4 reason s already, but my point is simple. It is very much evident that most of these reasons was already there, when we interacted last time. Despite that, you had shown a decent confidence of doubling FY '23, when in FY'26. So please let us know, what went wrong in these 2 to 3 months that suddenly, that confidence is vanished now?
Okay, sir. And secondly, you mentioned in your opening remarks like defense is going to be 5% of our revenue in medium term. S o is it like we are a bit down in the term of execution time line? Because I remember, I think some time back, we have also quoted that exports plus defense cumulatively going to be 15% of our revenues, right? So can you put some color on that, what is the net pipeline by when we are targeting? And what is the percentage we are targeting here?