Questions across 5 calls

Nishant Vass

360 ONE Asset Management

ZF Commercial Vehicle Control Systems India Limited

ZF Commercial Vehicle Control Systems India Limited CC-May26.pdf · 2026-05-15

My first question is on the exports. Obviously, there might have been some potential dispatch issues this quarter. Can you confirm on the export side, were there any such challenges you faced? That's one. And second, connected to the exports is obviously, the U.S. tariffs came in force, and there have been obviously some push and pull and I think stabilization will OEMs might have happened on the pricing side. So how does the U.S. market shape up next year? That's my second question. And lastly, from a medium - term standpoint, obviously, ZF has gone through some restructuring in its home markets. They have had long plans of larger sourcing from India. So can you give us an update in terms of where is the growth right now, also consideri ng the backdrop of high energy costs in Europe? Probably some of the challenges would have come back to the fore on manufacturing. So where are you from a localization and export in India medium - term 2030 standpoint? Those are my three.

Okay. So as in , the reason I'm asking is, I appreciate the fact that some of these decisions are at a parent level, but visibility, obviously, when programs have to be moved typically in this sector, typically it's a 24 - month lead lag for programs to move. So from an FY30 target that the parent put out, and I think Mr. Holger had reiterated that recently in his conversation with media somewhere down the road in the next 12, 24 months, you should be seeing some of that move, right? Otherwise, how are you going to meet FY30 targets at a group level from India?

Welspun Living Limited

Welspun Living Limited CC-Nov25.pdf · 2025-10-31

Just a couple of clarifications. Just on the data center piece, can you double click more on The U. S. Demand? Obviously, there are more and more data centers in U.S. that are on-site natural gas generated from a power standpoint. So , are you seeing that order come to you? If you can give more details in terms of what is the nature of this order that you received from data center as a direct order?

And so just getting a better understanding of this because gas-based data center demand is going to be the primary driver of incremental growth considering other segments take time in terms of ramp up, potentially nuclear and other sources. On that acco unt, considering you have a dominant position in the market, do you think this can be a significant source of incremental growth for you? And if that is the case, then what are the thoughts in terms of capacity creation more for getting to supply for this data center demand?

Welspun Corp Limited

Welspun Corp Limited CC-Nov25.pdf · 2025-10-31

Just a couple of clarifications. Just on the data center piece, can you double click more on The U. S. Demand? Obviously, there are more and more data centers in U.S. that are on-site natural gas generated from a power standpoint. So , are you seeing that order come to you? If you can give more details in terms of what is the nature of this order that you received from data center as a direct order?

And so just getting a better understanding of this because gas-based data center demand is going to be the primary driver of incremental growth considering other segments take time in terms of ramp up, potentially nuclear and other sources. On that acco unt, considering you have a dominant position in the market, do you think this can be a significant source of incremental growth for you? And if that is the case, then what are the thoughts in terms of capacity creation more for getting to supply for this data center demand?

Cohance Lifesciences Limited

Cohance Lifesciences Limited CC-Dec24.pdf · 2025-02-12

Hi, sir. Congratulations on the good numbers. So, just two questions. First on the ADC side, and I am obviously not asking you to talk about customers, but there has been obviously a paradigm shift change in terms of how FDA has approved one of the global customers, ADC, as a primary, let's say, primary method of going against some of the breast cancer issues. From an opportunity landscape, do you think this kind of, if this kind of progress is made on the technology standpoint, this can be a paradigm change in terms of potential addressable opportunity for some of customers which might or might not be, you might not have it, but from a therapy standpoint, that can be a big change? And if the success rate of these is more and much higher on camptothecin based payloads, please correct me if I am wrong, that you guys are one of the best in terms of doing S-Trione and SN-38. So, effectively with NJ and the specialized linker capabilities, shouldn't your success rate with customers potentially go in different phases, in different ADCs go up? And how are you seeing customers, new customer addition pipeline probably progressing in the next 12-24 months on this account?

Perfect, thanks a lot. And my second question is, obviously you seem to be getting strong commercial success in late stage and even Phase- 3 commercial molecules. Some of your peers are not seeing the same success, at least on the commercial grade, when we can't have a conversation with others. Like what you touched upon in the previous question, but can you delve more into detail as to why is customer coming to you for a Phase-3 substitution vis-à-vis others, like what are you bringing to the table which is much more different than others who are not seeing the same thing come to them?

Motherson Sumi Wiring India Limited

Motherson Sumi Wiring India Limited CC-Dec23.pdf · 2024-01-31

Yes, hi, sir. Congratulations on good numbers. So, just one a directional standpoint, to pick your brains on, in terms of the new programs and you guys had indicated early part of this year in terms of your new programming on both traditional vehicles as well as the new energy vehicles. But are you guys happy with your progress just to understand an update from how customers are reacting to your localisation plans on the new energy vehicle side as well as the newer, let's say the newer content increases vis -a-vis, let's say, relative competitive positioning. Are you guys happy in terms of how you're progressing? What's the landscape? Just to give a get some update on that.

Thanks so much for your response. That's all.