Questions across 2 calls

Pranjal Jain

Morgan Stanley

TITAGARH RAIL SYSTEMS LIMITED

TITAGARH RAIL SYSTEMS LIMITED CC-Nov25.pdf · 2025-11-18

Yes. Thanks for the opportunity. Sir, I have two questions. One is, I wanted to kind of understand in terms of execution risk, while you kind of elaborated on the freight side, but wanted to see if there are any execution risks that you foresee on the passenger side or any supply chain issues that one can kind of foresee in the near future?

Sure, sir. And secondly, if you could kind of elaborate a bit more on the shipbuilding and what are the prospects and what kind of addressable market did you see? These will be my questions. Thank you.

Syrma SGS Technology Limited

Syrma SGS Technology Limited CC-Mar25.pdf · 2025-05-14

So you did mention in the opening remarks that we have added around 20 to 25 new customers, which are likely to see some revenue booking from FY '26 onwards. With that in context, which are these key segments that these new customers cater to? That's number one. And which are the subsegments that are driving growth in Industrial segment in particular?

Sure, sir. That answers well. And secondly, what would be the incentive -- PLI incentive that we may have booked in the full year of FY '25?