Stockrabit · Analysts
Questions across 101 calls

Parikshit Kandpal

HDFC Securities

Prestige Estates Projects Limited

Prestige Estates Projects Limited CC-Mar24.pdf · 2024-05-29
Hi, Irfan Ji. Hi, Zaid. My first question is on business development for this year we have spent close to about INR4,800 crores as per the cash flows. So for the year as a whole for FY’25, so with this INR2,000 crores which we have raised from RDR, so excluding that how much do you think you will spend on land, given that we have very limited inventory now in Hyderabad, which had contributed significantly to sales in FY’24? And incremental growth, which we see from 21,000, giving a 25% guidance almost like almost INR5,000 crores-INR6,000 crores. So how do you intend to make it up? So intensity of BD and also like which locations you are looking at, how much will be the total deployment for FY’25?
That means that there has to be some heavy lifting. Even from Mumbai, I think Mumbai, FY’23, we did INR2,700 crores of sales. ‘24, we did INR3,200 crores. So now since we have almost like a lot of premium launches coming up in Mumbai, so how do you think FY’25 will shape up for Mumbai in terms of sales?

Cemindia Projects Limited

Cemindia Projects Limited CC-Mar24.pdf · 2024-05-29
I just wanted to understand from you, you highlighted that you had about INR8,000 crores to INR10,000 crores of orders for the next year. So this factors in the election related and delays in the government formation, which may take some time and also ordering to pick up. So have you factored these while giving your guidance?
What is the current pipeline in the Marine segment? Because that is what is the most profitable segment for you. So if you can highlight what is this pipeline there? And also, in terms of the upcoming bidding opportunities, do you think that you'll continue to work as contracted towards larger players, especially Adani you've been doing their Ganga Expressway. So do you think you're open to exploring opportunities and sticking to subcontracting at least on the NHAI road projects for leading contractors or developers?

Sobha Limited

Sobha Limited CC-Mar24.pdf · 2024-05-17
So, my first question is on the launches. So, you did some launches in Q4, GIFT City launch, the Meadows launch, and I think that followed up with launch in Gurgaon with Karma Lakelands. So, if you can help us how has been the response to these launches? That's my first question.
Sir, between the three projects, Meadows, GIFT City and Karma Lakeland, so how much is the total value of what type of inventory released, like Rs. 1,000 crores or if you can help us, 1 million square feet? So, that will be helpful. How much of the inventory you have released for the market?
Sobha Limited CC-Dec23.pdf · 2024-02-08
Congratulations on a good quarter, especially on th e pre-sales. So my first question is that you on the call said you are readying a pipeline of abo ut 20 million square feet of projects beyond the existing launch pipeline which you have. So I j ust wanted to get some more colour on how much is the pending capex on land payments to be do ne in this. How much will be our share in this? How will it be JDA? So if you can give some light on that.
Does it include the Hoskote land, the 20 million square feet?
Sobha Limited CC-Sep23.pdf · 2023-11-07
So, my first question is on Neopolis so in Neopolis 40% of the unit is sold, so my understanding was that about 1,600 units in this project ballpark. So, we have launched something around 500 to 600, so have we release some more inventory here and this 40% which was sold does it include the channel partners because my understanding was that largely it was initially being done by you directly and then maybe channel partners will be introduced. So, how do you look at accelerating this project sales?
But how do you intend to release more inventory do you think what point of time do you think you will release some more inventory in this project by the financial year end?

NCC Limited

ABB India Limited

ABB India Limited CC-Mar24.pdf · 2024-05-13
So, my first question is on the large order pipeline. So, if you can highlight, give some more color on how's the large order pipeline panning out for the rest of the year?
Sir, my second question is on the new product introduction. So, like you introduced ACH180 drive. So, my question is annually what's your target or so how do you see, how do you increase the TAM? So, potentially, what these products do to your total addressable market opportunity in terms of like expanding your portfolio? So, what would be that impact on the same?

Kalpataru Projects International Limited

Kalpataru Projects International Limited CC-Mar24.pdf · 2024-05-09
So, my first question is, sir, if you can help us with the prospect pipeline segment-wise. You did touch upon that. You're looking at next level of growth given the large international order ? So, what does it do in terms of bidding, scale, scope, qualification, etc etera? So, that is my second question. And my third question is on the margins. So, now the international order book has gone up in the mix. So, despite that, I think you are building in s ome expansion in margins, almost by 50 basis points. So, what gives you that confidence given some of the larger players where the international mix has gone up in the order book? They have basically maintained this year's margin guidance. So, just some commentary on that.
What will be the EBITDA margin? So what does this 4.5% to 5% PBT translate in terms of standalone EBITDA margins?

Larsen & Toubro Limited

Larsen & Toubro Limited CC-Mar24.pdf · 2024-05-08
So, my first question is on the Rs 1.8 trillion GCC orders which you highlighted earlier. So, are all these orders like financially closed, has the notice to proceed given, is there any slow-moving orders in this, if you can give some more color on this part of the order book?
Just a second question on the order inflow growth of 10%. So , if you can help us understand how are you looking for the growth in export orders and the domestic orders, some color on that will help given we have such a strong inflow of Rs 1.6 trillion for FY'24?

KEC International Limited

KEC International Limited CC-Mar24.pdf · 2024-05-08
Sir, congratulations on a decent turnaround this quarter.
And sir, my first question is on this INR11,000 crores of inflows which you highlighted in the T&D segment. So I just wanted to understand. Within this piece, what could be the total bought-out items, equipment, transformer or substations? So basically the third -party procurement on the equipment side. And are you seeing any inflation here? Because we have seen a 40% growth, which is substantial. And then so if you can help us understand how much could potentially be a breakup on inflation and volume in this.
KEC International Limited CC-Dec23.pdf · 2024-01-31
Congratulations on a decent quarter . I heard your overall commentary on the margin s so just on the standalone margins when do we expect that to increase or improve from here on because there we have been seeing campaign that in many quarters now so in our overall trajectory of moving to high single digit margins by FY2026 so how do we see standalone margins playing out?
Just on the Dubai factory so if you can just sorry I missed that number you spoke about order book there so what is the order book , what was the nine month revenue and EBITDA from that entity?

Cummins India Limited

Analysts/Institutional Investor Meet/Con. Call Updates Cummins India Limited has informed the Exchange about Transcript · 2024-02-08
Hi, Ashutosh. Congratulations on a great quarter.
Congratulations on a great quarter. This is the second quarter where we have almost clogged 37% gross margin. I remember your commentary last quarter you had said that demands may correct again to 32% to 34% and what we have been holding on. So just wanted to understand, first of all, was there any one-offs in the revenue this quarter? Any large data center deliveries which could have led to economies of scale and expansion in margin? And whether these margins are not sustainable and you are building the profit margin improvement on current base now.
Cummins India Limited CC-Dec23.pdf · 2024-02-08
Hi, Ashutosh. Congratulations on a great quarter.
Congratulations on a great quarter. This is the second quarter where we have almost clogged 37% gross margin. I remember your commentary last quarter you had said that demands may correct again to 32% to 34% and what we have been holding on. So just wanted to understand, first of all, was there any one-offs in the revenue this quarter? Any large data center deliveries which could have led to economies of scale and expansion in margin? And whether these margins are not sustainable and you are building the profit margin improvement on current base now.
Analysts/Institutional Investor Meet/Con. Call Updates Cummins India Limited has informed the Exchange about Transcript · 2023-11-08
So, in the mix what was the contribution of the CPCB -IV+ because last time I think you ha d said that we are targeting about 24% for the full year, so any positive surprise, we are seeing . I was seeing on your social media handle you have been promoting with your dealers all th ese CPCB-IV+ complaint engine . So, has been the feedback from the channel, from the end customers. So, any early trends of picking up of demand despite the prices being higher and still some time before it gets implemented?
Has that also impacted on our gross margins, I mean slight better mix in the CPCB-IV+, because --?
Cummins India Limited CC-Sep23.pdf · 2023-11-08
So, in the mix what was the contribution of the CPCB -IV+ because last time I think you ha d said that we are targeting about 24% for the full year, so any positive surprise, we are seeing . I was seeing on your social media handle you have been promoting with your dealers all th ese CPCB-IV+ complaint engine . So, has been the feedback from the channel, from the end customers. So, any early trends of picking up of demand despite the prices being higher and still some time before it gets implemented?
Has that also impacted on our gross margins, I mean slight better mix in the CPCB-IV+, because --?

Godrej Properties Limited

Godrej Properties Limited CC-Dec23.pdf · 2024-02-06
Congratulations on a decent quarter. So my first question is on the business development . So if you can give us some color on the premium real estate side, especially in South Bombay. So what kind of land opportunities are available for us and if we are evaluating those either through joint developments like in the past, we have done with one partner, but what kind of opportunity do you think can play out over the next 12 months for us?
Just kind of some of the key projects which have been like, lagging behind in terms of launches. So one was a Ashok Vihar which you said you'll launched in the first half of next year. What about the Worli project? And i f you can give us any update on your Bandra project with your partner Omkar. So any movement there, if you can help us with some color on this?

DLF Limited

Hitachi Energy India Limited

Hitachi Energy India Limited CC-Dec23.pdf · 2024-01-24
Hi, Venu. Congratulations on a decent quarter. So, my question is again on margins. So, we had done 6.3% of operating EBITDA margins this quarter. So, we have a journey of 10%, I think towards the end of FY'25. So, every quarter, do we expect some improvement to bridge that gap of almost 400 basis points, at least to start with at least 10% by FY '25 end?
Okay. Second question is on other expenses. So, when I compare with your other peer, I mean, who is almost half your size, and I see your other expenses, gross margins largely in line, but your other expenses are substantially higher. So, is there any component there? I mean, earlier we had this IT support from A BB India, so where we were incurring expenses. So, has that come down? Are we now on our own IT network? So, what could be the component that can be used to help improve our margins?