Stockrabit · Analysts
Questions across 2 calls

Kaustubh Pawaskar

ICICI Securities

Lemon Tree Hotels Limited

Lemon Tree Hotels Limited CC-Nov25.pdf · 2025-11-13
Sir. I have a couple of questions. First, a clarification. You mentioned that renovation cost overall will be around Rs. 450 crore and I guess in your earlier comment, you mentioned that out of that, we have spent around Rs. 200 crore. So for next 2 years, should we assume renovation cost to be around Rs. 250 crore?
Sure. Sir, my second question is on the demand side, especially in the mid -scale or mid-premium range of hotels where we are looking large supply, which is coming up in most of the markets. So you just comment on the demand front in this particular segment because supply is going to be there. But also in terms of demand, how do you see demand shaping up in this particular space?

Allied Blenders and Distillers Limited

Allied Blenders and Distillers Limited CC-Jun25.pdf · 2025-07-30
Most of my questions have been answered, sir. I just have a question on one of your initial comments of 300 bps expansion in EBITDA margins from Q4 FY ‘27. So, you mean to say whatever benefits which you are going to derive from backward integration will start flowing in from Q4 of FY 2027. Is it a right understanding? Because some of the facilities we are going to start from Q2 FY '26. So, initially, the view was, like, from Q2, some of the benefits should start flowing in and the incremental benefits, what we are expecting, should come in from your Q4 of FY '27. So, just wanted to understand on that.
So, a follow -up question on ICONiQ. This quarter, we have seen 2 .5 million cases of sales volume. So, is it mainly because of the fact that we are expanding into rural states or even the repeat attraction to the brand is quite strong? So, any understanding on that?