Questions across 6 calls

Nirali Gopani

Unique PMS

Schaeffler India Limited

Schaeffler India Limited CC-May26.pdf · 2026-04-30

Sir, the question is on exports. When we look at the last two years, the export growth rate has been very, very high. And when we say about calendar year '26, 10% to 12% of growth rate. So, over a little longer term, how should we look at exports? Is this a one-off, and we expect the growth to pick up over the next few years? Just a little broader picture will be very helpful.

Right. So, I was coming from a similar perspective, right? Is there a focus to shift manufacturing to India or source more from India, and over a period of time, we expect that to pick up? Or there is no such strategy, and it's only based on the capacity and the demand that our intercompany has?

Schaeffler India Limited CC-Sep24.pdf · 2024-10-24

Sir, my question is on the capex. So, if I remember correctly, in the beginning of calendar year 2022, we had announced a capex of INR 1,000 crores and revised it to INR1,500 crores. And if I sum up the capex until now, I guess we have crossed that INR1,500 crores mark. So how should we look at this number going ahead?

That's great. So, if I understand correctly, the part of this capex would have been for capacity expansion, partly for localization or to say, improve our efficiency. And when you say that next year, we'll see a little bit of scale down and wait for the results to come on the capex, which has been done. So how should we as investors look at this happening, say, from the numbers point of view? Or any directional guidance that you can give on the same?

Schaeffler India Limited CC-Sep23.pdf · 2023-10-27

Hi, thanks for the opportunity. Sir, to begin with, I just wanted to clarify the capex number that we have announced. So, we plan to do a capex of INR 500 crores each for calendar year 2023, 2024 and 2025, is that right, Sir?

Perfect. So, if I include calendar year 2022, we are roughly doing a capex of about INR 2,000 crores on an existing gross block of INR 2,000 crores. So, if you can highlight or on what kind of growth do we envisage over next three to five years, if you can qualitatively, I do not want an exact number, but with the exp ort opportunity, EV, aftermarket, if you can qualitatively talk about growth that you see over the next few years?

Waaree Energies Limited

Waaree Energies Limited CC-Oct25.pdf · 2025-10-17

Yes. Hi. Thanks for the opportunity and congratulations on excellent set of results. So, I have a few questions on the battery energy storage system. So, just wanted to understand how is the technology evolving there? So, as you said, in module and cells, the technology changes every three years, four years and you depreciate the assets. So, is it similar when it comes to battery energy also? And secondly, if you can also explain some financial metrics, will it be similar to what Waaree Energies do today, margin-wise, return ratios-wise, something on that side will be very helpful.

ZF Commercial Vehicle Control Systems India Limited

ZF Commercial Vehicle Control Systems India Limited CC-Sep24.pdf · 2024-11-12

So, if I look at our numbers, normally historically every quarter we outperform the OE sales. I know one quarter is nothing to indicate, but can you highlight like why couldn't we outperform the OE sales this quarter, and do you see this trend continuing?

Sir, when you say that the content per vehicle has come down to Rs. 43,000, so what could have that been say three quarters back? Like from what number have we come down to Rs. 43,000?

ZF Commercial Vehicle Control Systems India Limited CC-Jun24.pdf · 2024-07-24

Yes, hi. Thank you for the opportunity. So, as you had mentioned that when we export it mainly to our parent and only BMW is an exception. So, are we talking to more such customers or anything on the passenger vehicle side that we are working on? Can we see grow th in the next 2-3 years on that side?

Right. But, sir, can we see new customers on the passenger vehicle side also? Is there any clarity from our global parents?