Questions across 6 calls

Jayshree Bajaj

Trinetra Asset Managers

Angel One Limited

Angel One Limited CC-Jan26.pdf · 2026-01-16

First of all, congratulations on the good set of numbers. My question is that I can see credit disbursal has seen an annual run rate of ₹ 28 billion and yet the company currently relies on 7 partnerships with the banks and NBFCs. So my question is as credit is becoming the fast emerging engine of the growth, are we planning to maintain the asset -light partnership model indefinitely? Or is there a plan to seek an NBFC license to capture higher margins?

Okay. And one more thing I want to get a little bit clarity on that how do your AI/ML models specifically adjust your credit risk of new -to-market clients who may like tr aditional credit histories and all?

Choice International Limited

Choice International Limited CC-Oct25.pdf · 2025-10-17

Good afternoon, sir. Thank you for the opportunity. My question is the company secured new strategic projects worth Rs. 1,303 Mn in Q1 FY26, including the MahaSTRIDE Program in Maharashtra and mandates for PACS in Bihar and Karnataka. What is the anticipated revenue recognition timeline for these specific projects and how will they enhance future recurring business?

Thank you, Sir. That's all from my side.

Usha Martin Limited

Usha Martin Limited CC-Jun25.pdf · 2025-08-13

As you mentioned in Q1 that the Company is nearing completion of the foundational phase of the transformation, could you please provide some specific, measurable operational KPIs that you expect to improve by the end of the second quarter? Also, what percentage of cost savings or efficiency gains has been realized so far?

Usha Martin Limited CC-Aug25.pdf · 2025-08-13

As you mentioned in Q1 that the Company is nearing completion of the foundational phase of the transformation, could you please provide some specific, measurable operational KPIs that you expect to improve by the end of the second quarter? Also, what percentage of cost savings or efficiency gains has been realized so far?

Coromandel International Limited

Coromandel International Limited CC-Jun25.pdf · 2025-07-25

My question is like earlier, you have said that the regulatory approval of NACL acquisition will come in quarter 2 of this year. So is there any update? And we are planning for the capacity -- we are working on capacity expansion like Kakinada expansion an d multiproduct plant, phosphoric, sulfuric acid plant, and this acquisition also. And the company is working on 0 net debt-to-equity ratio. So like in future, debt will be required in this FY '26?

Okay, sir. And is there any strategic plan you are working on Crop Protection segment after acquisition of NACL?

KEI Industries Limited

KEI Industries Limited CC-Jul25.pdf · 2025-07-23

As you said, sir, that EBITDA margin will remain fla t for the FY '26 and we can see that very new competitors are entering in the market. So how does KEI intend to sustain its current growth trajectory and defend the market share across its diverse segments and sustain the growth, which currently it has achieved?