Stockrabit · Analysts
Questions across 3 calls

Pawan Nahar

Firm not listed in source transcripts

Sarda Energy & Minerals Limited

Chambal Fertilizers & Chemicals Limited

Chambal Fertilizers & Chemicals Limited CC-Aug25.pdf · 2025-08-01
Thank you. Sir, my question is on G adepan-III Urea unit. As I understand, we have an 8-year policy period in whic h we are entitled to incentives a nd thereafter, there will be changes. So, if you can explain what are these incentives and what will be the changes that come across in 2027? And later if you can quantify what would be the impact after that?
Yes. So basically, I get it that government has not initiated any policy discussion. Still, we would be having some assumption, l et us say, we are right now in a zone where there is perhaps only us or maybe another C ompany which is getting those, getting the pricing. I will not use the word benefit. I will use the word pricing or a formula. Now, if after the 8 -year period, we go back to the formula which is being applied to the other Urea units, what would be the change for us? So, let us say , today our contribution is X dollars , how much would that become? Because see, I read that in the policy document, perhaps, if I got it right, the band for ROE is between 16%-20%. And I see that without leverage, the C ompany has been able to make good ROE, but there is no point in me getting in there because there are multiple things into that ROE or multiple businesses. So, if you can just simply tell me that if the policy were to transition to the existing units, formula, the existing units?