Questions across 6 calls

Manoj Gori

Equirus Securities

Finolex Cables Limited

Finolex Cables Limited CC-Mar25.pdf · 2025-06-02

So I have one question. If I look at the FY '25 performance and when I look at the other companies reporting the numbers and the commentaries probably somewhere we feel like we have underperformed in the via space, especially in the B2C side. And you just highlighted like some of the growth in FY '25 has been driven from the project business. So what are the areas? And what were the reasons which led to this underperformance versus peers probably how should we look at things in the coming tim e. Is this -- are these issues behind us, so probably will take some time for this underperformance to arrest and probably then grow in line or better than the industry?

Right, sir. S ir, secondly, if you look at from the demand perspective, what we are seeing is probably from last 2, 2.5 years, we are seeing wires relatively growing slower than cables…

Finolex Cables Limited CC-Dec23.pdf · 2024-02-14

Sir, like sometime back you already mentioned about the construction activity looks promising. So what we get is from the ground check is like probably in FY '25 somewhere around first quarter, second quarter, we might see many projects nearing the completion stage. And it should lead to strong volumes for wires especially, which has relatively underperformed versus cables, and we have relatively wire-heavy business. So how do you see probably from FY '25 point of view not on the guidance side, but at least on the industry side, probably mid-teens or even higher than that volume can be anticipated for the year, given that this year, the base also for the industry would be re latively on the lower side.

But depending on the current visibil ity, probably for FY '25, we are confident of industry doing this 15% kind of growth in wire segment.

R R Kabel Limited

R R Kabel Limited CC-Mar24.pdf · 2024-05-29

So, as per our calculations, domestic growth during the quarter on Y-o-Y sales seem to be on the lower side. If our calculations are correct, can you share some thoughts over there?

So, I'm just referring to the domestic business because if I do the calculation based on the export contribution and if I do the subtraction, so probably on net basis, I was just referring.

KEI Industries Limited

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

Sir, my question is with regards to your B2C business. So if you look at probably over the last few quarters or probably last 6 to 7 quarters, we were seeing industry we're seeing largely some pressure from the real estate led demand. Are we seeing any signs of revival? One of the players who have already reported the numbers, they indicated over the call that we are seeing some signs of revival with the real estate led demand. Any insights over there?

So sir, my question was more specifically on the industry side because obviously, KEI has been doing extremely well and probably this is not limited to a year or 2. I've been looking after this big company for the last 8, 9 years. But just wanted a sense on the industry front probably. How we are looking at this?

Havells India Limited

Havells India Limited CC-Mar24.pdf · 2024-04-30

Sir, in opening remarks, you commented like you have been seeing some pickup into demand categories linked to real estate. Can you give us some colour how this is panning out and your outlook on the sustainability for this demand momentum that we have seen?

Sir, my second question is on the room AC industry. So, we are obviously going through one of the best demand environments in the current season, though North is yet to pick up. And given that the RM prices have been moving on the higher side, do we expect that industry based on your assessment, obviously, that we expect industry to go for price increases during the month of May. Because again, post-season, it would be very difficult to take price hike. So, how do you read the current scenario on the pricing front?

Polycab India Limited

Polycab India Limited CC-Sep23.pdf · 2023-10-19

Chirayu, here I would like to understand on the realization part because obviously when you said like volume growth was around 30%. So probably, we are talking about increasing -- probably drop in realizations. But if I look at the copper prices as compare d to Q2, those were on the higher side. So was there some impact because of the higher contribution coming from something like Etira or probably can you throw some light over here?

Right, right. Second, if you look at the advertisement expenses, obviously there has been a sharp increase, and that has really led to strong volume growth. So probably, if you look at you have been going very aggressively, you have sponsor in the World Cu p as well. So does H1 account for those expenses or probably that would be purely coming into third quarter? And whether we would be booking it in the entire quarter or we'll be amortizing it gradually?