Congrats on a good set of numbers. A few questions and clarifications. First, as we are expanding in non-South market, can the volume growth also be attributed to channel filling as well?
And what is the goods return policy we follow?
Questions across 5 calls
Naushad Chaudhary
Aditya Birla Mutual Funds
Coromandel International Limited
KEI Industries Limited
Yeah, hi thanks for the opportunity Congrats on a good set of numbers. Two clarification s, sir. Firstly, on Sanand plant, if I heard it correctly, this will start contributing from 2Q FY '27, right?
Okay. And ramp-up outlook remains same, 3 years should require to reach full utilization?
Hi thanks for the opportunity Just one clarification sir, during FY 25 the key raw materials, copper and aluminum on a lower base it up 13%, 15% in line items. And on that, on a blended basis if I see our revenue was up 20%, so with reverse and very rough calculation, roughly 10%, 11% would have come from the value growth, and now as the copper and aluminum both are softening, at least for now, based on March closing, considering this fact, is there any risk to our guidance of 17%, 18% for FY‘26 given the direction of all?
Okay sir, All the best Thankyou.
Havells India Limited
Thanks for the opportunity. Two clarifications. First, on the Lloyd business, just wanted to understand if broadly our cost structure or the efficiency which we were seeking from this piece of business is broadly set for us? And if one season goes well for the category, can we think this business margin can be as good as any other guys are operating in the same segment?
All right. And second, on the switchgear business, as there are new players who are getting very aggressive in this piece of business, because of the lucrativeness this category offers. Are you also experiencing the competition emerging here and that might give some risk on the growth as well as on the margin side of this piece of business, what is the outlook here?
R R Kabel Limited
Thanks for the opportunity. Just a follow-up, one clarification on the margin side of wire and cable, sir. As we understand the growth for FY '25, which would largely be cable-led and with this also we are expecting 60-80 margin improvement. Can you give us some specific area where you see that would help you to gain this improvement on FY '24 base?
And this new product should contribute what percentage of your revenue by the end of this financial year?