Questions across 17 calls

Harshit Kapadia

Elara Capital

Garden Reach Shipbuilders & Engineers Limited

Garden Reach Shipbuilders & Engineers Limited CC-May26.pdf · 2026-05-12

Yes, hi, sir. Thanks for the opportunity, and congrats for a very good set of results. A few questions from my side. So, first, could you please give us the order book breakup which you generally give across the ship?

Thank you. Understood, sir. So, my second question is, sir, on the 31st of March when you reported your provisional revenue figures, and on the result day when you gave out the numbers of revenue, there was a huge delta. It was very positive, of course, but what would be the reason for this difference, sir, if you can explain? Because generally, historically, we haven't seen such a huge difference between the provisional number and the actu al revenue figures.

Garden Reach Shipbuilders & Engineers Limited CC-Nov25.pdf · 2025-11-11

Congratulations for a good set of numbers. Could you give us a breakup of the ₹20,000 crore order book across all the ship categories which you have, sir?

No, no, that's really great, sir. Thanks for the breakup and in detailed breakup and congrats that you are now diversifying yourself. Secondly, sir, just wanted to check the ₹9,000 crores figure, which you have given for P-17 Alpha. That is for now two ships? Or there is some portion of the third ship, which is also remaining, which is the one that you have...P -17 Alpha order which you have mentioned of, that is only or -----

Garden Reach Shipbuilders & Engineers Limited CC-Mar25.pdf · 2025-05-20

Hi Sir, Good Evening and thank you for giving me this opportunity and Congratulations for very good set of numbers. Just wanted to get a sense on the order book breakup project wise and secondly, on the order inflow, which you have pipeline, which you have mentioned, can you also give the size, what is a tentative order size which one can expect and on the NGC you had said in few days, we will get to announce the order as in, the bids will be out in few days or what is the likely, is there any LOI which is expected, anything clarity on that and lastly, on the other expenses side sir, if you can explain there was one provision right back which you did of ₹433 crores. So, what was that related to and by when this complete amount will be dispensed out, as in would be added back to the profit?

Yes, ₹433 crores of provision write back is something which you have mentioned in the press release. So, what is that related to which and when it would be?

Garden Reach Shipbuilders & Engineers Limited CC-Jun24.pdf · 2024-08-14

Yeah, Hi. Thanks for the opportunity and good set of numbers. I think this has been your best quarter as far as Q1 is concerned. So just wanted to get your sense of how do you see this run rate of 1000 crore which you have achieved in Q1? Do you think this run rate is going to continue for the balance of the year, given that your order book has increased, that's the first question. Secondly, can you dwell a bit on the order pipeline apart from the Next Generation Corvette, any large order which you are sensing where discussions have started, maybe RFI or RFP can be launched in next two or three years? Any color would be helpful.

Fair enough, Sir. This was really helpful. And just last question on the margin front, I know you have been addressing the margin query, but we are still not.

Garden Reach Shipbuilders & Engineers Limited CC-Sep23.pdf · 2023-11-17

Congratulations and thanks for the opportunity, Sir. On the order front, what I saw probably you have not me ntioned, the landing platform dock order, is it that the order has now cancelled or we are not qualified for it. That's the reason why we are not highlighting that particular order.

Thanks for th e clarification around P17B which you had mentioned. So, the similar thing will also happen in that the way the NGD order is going to be placed as in once your P 17A will get delivered then P17 B will be taken into account in terms of ordering or is it that differe nt in P17 B can be ordered before that as well?

Zen Technologies Limited

Zen Technologies Limited CC-May26.pdf · 2026-05-04

Good morning. Thanks for the opportunity and good order inflows in Q4. I just wanted to check with you Sir. So where are we in terms of stage for the Hard Kill anti -drone system clearance? Have the user trials been done? Are we expecting orders for the Hard Kill as well and secondary, there was the post the operation Sindoor we were expecting the additional orders to come for our anti -drone system have we got this in FY2026 or are we expecting things to come in FY2027?

At the start of the call, you mentioned that you have already bid out for some few thousand crores of order inflow. First of all, can you quantify a number here and is this all on nomination or all competitive, so how much of is a win rate that we can expect if we can give some clarity in terms of the order pipeline, giving more confidence to investors on where are we in terms of, let us say Rs.3000 Crores, Rs.4000 Crores is where we are in terms of bidding pipeline that would be of great help?

Zen Technologies Limited CC-Jun24.pdf · 2024-07-29

First of all congratulations for a very strong pe rformance in this quarter. Just a few questions, on the simulation side, I understand you have a very strong market share on the army side and you are looking to enter into the othe r services as well. So have you made any inroads into that? So we understand in the simulation side, we have a very strong market share on the army side. We have been there for more than three decades and we are now trying to enter into Air Force and Navy. As in, do we have a product ready? Right now doing an R&D on that? And what kind of size it could be like we have 10,000 Crores for si mulation market majorly for army, anything for Air Force and maybe if you can give colour to?

Okay, great to hear any size if you have already done your study if you can share something that this could be the opportunity size for us that we can enter and right now it is all imported right? My sense is right.

Solar Industries India Limited

Solar Industries India Limited CC-Nov25.pdf · 2025-11-11

Sir, congrats for a great set of numbers. A few qu estions from my side. Sir, first of all, looking at the anti-drone system that you have developed, is it a soft kill, hard kill which has been approved and which you have already seen the trials? Can I get some details on that?

Fair enough, sir. Fair enough. Sec ondly, sir, what has been the -- what has been the update on the emergency procurement, sir? Have we received all the orders or we are yet to receive some orders on the emergency...

Elecon Engineering Company Limited

Elecon Engineering Company Limited CC-Jun25.pdf · 2025-07-11

Sir, could you give us some update on the domestic business, how it has been growing and which sectors have contributed to this growth? That's the first question.

And sir, any tentative size you can say, will it be like INR 500 crores or so for the defense part, sir?

Elecon Engineering Company Limited CC-Jun24.pdf · 2024-07-18

Yes. Hi. Very good afternoon – very good evening to everyone a nd just a few questions from my side. We do understand, the election has led to the r esult slowdown or order -in-force slowdown. But let's say in Q2, the INR400 crores run rate which we had been inching up from last year onwards, do we expect that to exceed to INR 450 crores per quarter? Is that something which is visible considering you would be – you would have applied for a lot of tenders and probably you may be getting some of them. So based on that sense if you can give us an idea?

Okay. And on continuing with the order -in-flow part, we have seen a lot of orderings being happened on the power equipment side for the thermal power projects. So when do you think some of that will get flow down to Elecon Engineering? Will it happen in this year, or do you expect it to happen in next year, both on the products that we have?

Elecon Engineering Company Limited CC-Mar24.pdf · 2024-04-22

First of all, many congratulations for very good results and delivering on what you have promised to the market. With that hope, we think that probably for the domestic markets within this 15%, can you give us a sense what would be the domestic growth and what would be the export growth for the upcoming year that you look at?

And I had missed the initial remark, just wanted to check with you on the export side for this particular quarter, the growth was close to 3 odd percent. Now that was largely because of the supply delays.

Elecon Engineering Company Limited CC-Sep23.pdf · 2023-10-23

Sir, couple of questions from my side in terms of order inflow, we have seen some deceleration in the growth in order inflow, now is that something which worries you at this point in time or there are plenty of orde rs in the market , but because of probably geopolitical situation, things are not moving at the pace or is it that up to run up to election things are just being a little bit delayed, your view on that?

And this would be largely related to power sector, would that be a corre ct understanding or which sector would you see or where you see some amount of softness?

KEI Industries Limited

KEI Industries Limited CC-Sep24.pdf · 2024-10-16

thanks for the opportunity, Congratulations for a very strong results again. Just wanted to clarify on the Sanand plant, we are spending INR900 crores, and that will only be for the cables manufacturing. No wires would be manufactured, righ t? And secondly, within cables, what proportion would be EHV, LT and HT? Could you give us some colour on that, sir?

And HT and EHV is fungible. So that will be INR2,70 0 crores if, let's say, if you want to do completely HT or complete EHV on demand?

KEI Industries Limited CC-Mar24.pdf · 2024-05-03

Many congratulations for a set of numbers. Sir, few questions. Just to understand on the demand per se, are you seeing any sector additions, which has been something new sector, which you can highlight, which you have started supplying your cables to, is there anything new in that, that will be helpful?

I was referring from the point that there could be new things like EV charging cables.

Data Patterns (India) Limited

Data Patterns (India) Limited CC-Jun24.pdf · 2024-07-30

Thanks for the opportunity, sir. Just wanted to ge t a sense on the order inflow which you mentioned of 1,000 crores. Would it be largely driven by product , or would it be driven by the developmental part for this year?

And when you say repeat orders, would you be able to give a sense of the system? On the radar side, are we talking about the Ashwini, Rudra radars, all those systems?

RITES Limited

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

Sir, a question from my side on the export front. So we have already seen the 3 orders probably you'll be getting in a few weeks and month time. But beyond that also, do you see a reasonable amount of pipeline which you could be working on? Because if I remember from last year onwards, we have been saying that every year, you will see some orders which will be coming up. So beyond these 3, is there a pipeline that you will be looking at? Or probably there could be some amount of lumpiness again, which has been the case.

Sir, just a question on the turnkey construction. We saw a decline by 6% in this quarter. Now was that because of normally Q2 is generally a weak quarter because of monsoon. So in fact, activities are slow or is it because some of the projects have not reached the threshold level have you not able to book the revenue portion. If you can give us some sense on that.

Bharat Electronics Limited

Bharat Electronics Limited CC-Jan24.pdf ·

Thanks for the question and c ongrats team for a very good set of inflows for FY '24. I just wanted to check some things. First similar to defense pipeline which you have mentioned for INR 50,000 crores, can you also share something on non - defense pipeline which you have regarding smart infra, Metros and some other projects that would b e helpful.

Just on the question on revenue. So, Q4 is going to be a steep task of INR 8,000 crores. Just to get the more comfort, sir, which are the large projects which you're expected to execute in Q4 which can really help you achieve this INR 8,000 crores number?