Stockrabit · Analysts
Questions across 23 calls

Natasha Jain

Nirmal Bang

Voltas Limited

Voltas Limited CC-Sep23.pdf · 2023-10-20
Sir, my first question is regarding the EMPS segment. Sir, are these delays in collections happening because we were possibly a little negligent in terms of screening these orders or are these more geopolitical related specifically in the Middle Eastern belt? And how are the margins in the newer orders that we are taking because the order book is quite strong? So, does it mean that in order to get surety of payment, we might bid for the new project that's probably a lower EBIT margin than historically taken?
So, should we assume that the newer projects will come at similar margins?

Havells India Limited

Havells India Limited CC-Sep23.pdf · 2023-10-20
Sir, my first question is in the Wires and Cables segment. While I understand that last year, we had some high cost inventory and therefore, probably this quarter, the margin has been a catch- up rather, we were expecting slight strong double-digit growth in this segment given the strong infra and real estate development. Sir, can you throw some light there? And also give us a sense on the volume growth on a Y-o-Y basis?
Understood, sir. And my second question is on the Lloyd division. Again, here, while last year was a high cost inventory quarter for Lloyd, too, sir, our losses have actually expanded the most, if I compare it to any other quarter since FY '22 first quarter. And this is given the fact that this was an unseasonal quarter for RAC. So sir, just wanted to understand that is it because we continue to do aggressive marketing and that's why there is a strain on margins? And how do we see this margin moving forward in the midterm?

Polycab India Limited