I have two questions. Firstly, on your white cement profitability. Is this on an EBITDA per ton basis, including putty similar? Or how does that compare to gray cement performance?
But directionally, I mean, I know it has been coming down from an industry perspective?
Yes. Good evening, sir. M y first question is on your cost savings. We talked about like 400 Rupees per ton like I think 1 year back or 1.5 year back. So how much of that is now realized and how do we stand there for the remaining savings?
And sir percentage, can you highlight numbers out of -- so basically, you're saying INR 100 savings in FY27 and INR100 remaining in FY28. Is that what you mean?
Yes, good evening sir, congrats for good results. My first question is on the new businesses. Can you just, I mean while you have talked about it, but can you just tell add again on profitability path for paints and Pivot business as company starts moving towards revenue target individually for these segments in terms of profitability and when can we look forward to get separate disclosures for these segments?
Sure, thank you. And another question on capital allocation again. I know you talked about investing in AB Capital, but how about like within your organic business? So, you obviously incubated two new businesses a few years earlier. Do you also evaluate in vesting in new businesses which can further add to your organic businesses in next few years?
Yes, good afternoon sir. My question is on paints. Can you just confirm again while you talked about your revenue expectation maintaining for FY28, what do you think on profitability ? Other-related question. You have like seen some increase in interest expense during the quarter sequentially and depreciation is this completely related to capitalization of six plants or also is there are any working capital changes which you expect because you are also increasing mix in your business?
Yes, that is right.
I have a couple of questions. Firstly, on PSF segment and caustic, the performance on a cumulative basis remains range bound like last few quarters. Do you see any figures which could provide any positive change in performance in this business. Some of it you have already alluded and like answered that.
Okay. Also, another question is on resignation of Rakshit, which comes as a big surprise to anyone who has been tracking Birla Opus closely. My question is, should investor view this transition as a natural phase in generally difficult competitive business or as inflection point of any refreshed strategy?
Yes, good evening. My first question is on your B2B e -commerce segment. The segment has a scale to almost over ₹5,000 crore of revenue run rate. What is the kind of profitability the segment is doing and or any output if you can share on the same? Also, the second was, I mean, we envisaged around 2,000 crore of CAPEX when this segment was launched. How is the, I mean, how do we see CAPEX in the segment now? That is my first question.
Thank you. My other question is on pain t business. Any one-year target or we had a great start to the financial year. Any one-year target we now have for this business in terms of revenue or any other metrics which you think is important?
My first question is on your foreign tourist mix. Have you seen any change in your foreign tourist mix in the past say 2, 3 months? Also, a related question is like on currency depreciation. So, this is more like a technical question. When a foreign tourist is booking on your portal, he or she will be like looking at a lower rate now with currency depreciation so sharply? Or like -- I mean, my question is regarding your rates on your portal are rupee -denominated or dollar - denominated?
Yes. My question is also regarding like has that number of 30% or slightly lower? Has that changed in like month of March, April, May?
Sir, my first question is on yo ur capex guidance. So let's talk about INR 1,200 crores capex guidance, it's like a highest in the past year. So how do we see with a bunch of other greenfield assets, which have not been approved for rollout as of now, I see they add up to around 1,000 keys and 500 keys also added -- to be added in '27-'28. So is this like sort of capex going to accelerate from INR1,200 crores to so much higher number? Or this is the number we should build for years beyond '26? That's my first question.
Okay. And then mention of some 300 under lease finalization, is there some new additions to hotels that are not announced? Does that seen that?
Good evening, sir. My question is on your pricing gap closing with large peer. You talked about closing INR20 gap. So is this similar across regions and is this the stabilized level, of course, you said there's always scope to improve, but how is this different across regions?
Sure. And this pricing gap reduction has happened over the past three quarters?
Yes, sir, my first question is on your UAE plans. Can you elaborate on the expansion plan there and overall outlook, as you said, is very positive?
What is the full quantum of capex if you're looking at is probably part of consolidated operations and not standalone capex?
Congrats for good results. My first question is, can you discuss again your stance on luxury segment? You have taken back positions in luxury assets in recent times, including the one at Udaipur. How do you see luxury mix in your room mix evolving over the medium term?
But any percentage mix? I know it's like currently standing at 15% to 20% of your total keys mix, luxury and resort segment. How do you see that?
Good evening. I have a couple of questions. Firstly, your employee cost on an annualized basis has remained, hardly moved in the past 2 years, from ‘24 to ‘26. Is this also part of cost saving and how is this kind of happening and the outlook there is the first question?
Right. Sure. My other question is on JPA assets. As far as public information, it has been given out by NCLT to the other industrial group. So, why are we still chasing it and still talking about it? I am a bit confused on the thing.
Good evening . Congrats for great results . I have a couple of questions . Firstly, on your premiumization mix and increasing the rate over last few years. How do you think your gap has closed or increased versus other brands in the market and how does increasing premium mix contribute to your EBITDA per ton?
Sorry, my question was regarding how are your net realizations or market pricing would be have increased or gap on a better side versus your competition during this period and contribution of better premiumization on EBITDA per ton?
Thanks for the opportunity. I have a couple of questions. Firstly, just on CAPEX, you said like, FY'26, we are looking at around, I think, Rs. 650 crore CAPEX, or sorry, Rs. 550 crore CAPEX, including some pending flow through to next year. What is the absolute number for FY '27 and FY'28 without any specific details, like total number?
Sure. And regarding the refinancing, you said that refinancing is done, right? The short-term refinancing is done. So, now FY26 second half, will it reflect into, just for accounting purposes, will it reflect into your interest expense changing from like Rs. 102 crores in FY Q2 to like a higher number or how will it reflect on your P&L?
Yes, good evening sir and congrats for the results . My first question is on CAPEX and depreciation interest. So, how do you split CAPEX in the next '26, '27, '28? Like you said, Rs. 3,600 crores plus some maintenance CAPEX. How would you split this in the next 3 years? And the related question is, how do you expect the rate of depreciation interest to move from quarter to one year?
Sure. And can you discuss like overall capex of the company? In first half, we have done INR1,800 crores capex at the overall consol level. What kind of capex we should pencil for FY26 and FY27?
Okay. Among other questions, like is there an update on HRAB which like AERA was supposed to divert by September end and it is November now?
I have a couple of questions. You talked about like renovation of rooms, 3,000 rooms followed by 1,600 more. Just wanted to understand the schedule of this renovation. Is it the first time we are renovating post COVID or it has been like a constant renovation where you are trying to upgrade the pricing for your portfolio over like in the past 5 years?
I have a related question. You mentioned about, I think, tech upgrades also, what specific digital initiatives are being implemented and how will that impact the guest experience and cost efficiency?
My first question is on your region wise mix of operating inventory today and how does it look when it goes to 20,000 rooms?
Regarding recent announcements by some of the global companies which you would have seen, how do you see this having an impact on industry supply maybe a few years down the line?
I have a couple of questions. Firstly, on premium cement, how do you think the premium segment pricing can pan out over the next 12 months versus the regular product for yourself or for market?
And where do you envisage your 33% premium mix going to over the next 12 to 18 months?
I have a couple of questions. Firstly, on premium cement, how do you think the premium segment pricing can pan out over the next 12 months versus the regular product for yourself or for market?
And where do you envisage your 33% premium mix going to over the next 12 to 18 months?