Stockrabit · Analysts
Questions across 61 calls

Prateek Kumar

Jefferies

Dalmia Bharat Limited

Dalmia Bharat Limited CC-Sep24.pdf · 2024-10-21
My first question is on the pricing. So we reported around 5%- 5.5% drop in pricing quarter-on- quarter. Do you think is this worse than industry markets? Or is it in line because your volume growth is faster than industry probably, so the higher volumes come at the expense of much worse pricing?
Okay. So in a market environment where generally the government demand has gone down, we are trying to increase market share in non -trade segment. That is also probably wei ghing on prices. Would that be right?
Dalmia Bharat Limited CC-Jun24.pdf · 2024-07-19
Hello. Good morning, sir. Congrats for good results. Yes, so my question is on the volatility in the results, while the performance was very good, but most investors actually complain about the performance being extremely volatile in the past, turning from very subpar versus peers to above par versus peers on a quarter-to-quarter basis. How do we explain this, as well as is there anything we can do to address this kind of volatility? Thank you.
Sure, okay. And the second question is on your marketing costs. Last time talked, because of the hiring of a brand ambassador, there was an increase in marketing costs. Is it already now part of the other expense, or is there some elevation which we can expect there?

Grasim Industries Limited

Grasim Industries Limited CC-Jun24.pdf · 2024-08-09
Yes, couple of questions, Paints segment. So is there a way to identify or do you learn like how is the retail acceptance while you are pushing volumes to dealers? How are customers, let's say, buying a product? Because you've talked about tinting machine being able to track your business, how it has been sold. So, do we learn that? Also, a question on like these ₹80 crores maybe which have been discussed. So how is the exit like, let's say, the number for June and maybe shall we look at like ₹80 crore into three, kind of number, for second quarter and just in terms of direction for the paints business?
My other question is on like your depreciation interest has hardly changed on a quarter-to-quarter basis despite capitalization of the three plants. How is this the run rate, which we should expect for, like for the next couple of quarters also? Or is it like major portion is not getting factored here?

Lemon Tree Hotels Limited

Lemon Tree Hotels Limited CC-Jun24.pdf · 2024-08-08
My question is on, as you said like there's some improvement in trends of ARR like 10% in Q2 versus a lower number in the previous quarter on a like-for-like basis. This trend, is it like sort of pan -India for your hotels? Or is it like specific segment which you're seeing recovery like MICE segment, which was under pressure last quarter or marriage segment? Or like how would you att ribute the improvement in Q2 FY25?
Okay. So all segments would have improved maybe to that extent?

Adani Enterprises Limited

Adani Enterprises Limited CC-Jun24.pdf · 2024-08-01
My question was regarding I was asking about margins. So, has the prior quarter spread over of volumes has also held margin in this quarter?
And we have for the first time like sort of given out slide on electrolyzer, where are we in terms of starting commercial production of electrolyzer and also like we talked about 10 GW RE power capacity by FY26 end. Have we started construction for the same because like 5 GW of construction possible in one year, right? So, have we started there?

JK Cement Limited

JK Cement Limited CC-Jun24.pdf · 2024-07-20
My first question is on pricing in the North market has been usually weak versus historical strength what we have seen in the market. Can you discuss on the pricing how it is, I mean, how do we see it going forward ? Also, how it is looking for second quarter versus average of 1st Quarter?
And is there like all players are like sort of ramping up capacities or you know that I think I have had like some capacities in North or is it like how is the players ' positioning in the market in terms of market share?

UltraTech Cement Limited

UltraTech Cement Limited CC-Jun24.pdf · 2024-07-19
Sir, my question is on cost curve. So on variable costs, you have highlighted like $149, you like realized cost for the quarter on the fuel prices. How are you looking at fuel cost in near term? You have indicated earlier that will remain in like sort of deflation trajectory for next many quarters. So how are you looking at variable cost ex of your own RE power initiative?
Okay. And on the other expense and the quantum, you mentioned of elevated marketing spend. So the quantum will be to the tune of like over INR150 crores this quarter, like how much would be like...
UltraTech Cement Limited CC-Sep23.pdf · 2023-10-19
Yes, sir, my first question is on your pricing. So like we have -- let's say has taken a pricing action. Is there any impact on demand? Like we understand in September, there was -- demand was very soft, but has the increased pricing has the same impact on demand during Q3 as well?
Okay. And in relation to like several states have announced election dates. So in relation to state elections or coming up of national election. Is there any moderation in working capital release from the state government or central government…

The Indian Hotels Company Limited

The Indian Hotels Company Limited CC-Jun24.pdf · 2024-07-19
Good evening sir. My f irst question is on the first quarter performance of moderation because of external factors, is this like such kind of massive event happens because your occupancy...
So I was asking regarding -- because your occupancy seems to be like flattish maybe slightly better year-on-year. So in such kind of environment like what you saw for various macro factors the business was impacted. So industry has to like sort of induce customers to come on board by not taking a growth and still want to maintain the balance on occupancy. So how do we think about managing occupancy versus pricing in such kind of like sort of slow environment what we saw in Q1?
The Indian Hotels Company Limited CC-Sep23.pdf · 2023-10-27
Sir, my question was on, you have mentioned in your presentation about the impact of events is lesser now because the overall impact is only 0.5 to 1% because of G20 or World Cup on an year-on-year basis, we get a lot of questions that what after F Y24 into FY25 in terms of event , so overall, because the impact is only very minuscule as it what it appears so, it is business as usual like for FY25 for the hotel industry, right?
Do you think i t generally does include the cyclicality of the sect or or will it still remain like a deeply technical sector when the downturn comes, which is still like 10 years away , but this is something which, like reduces the cyclicality?

The India Cements Limited

The India Cements Limited CC-Sep23.pdf · 2023-11-01
You mentioned prices are strengthened and they are now reasonably strong -
So, I was saying that prices have gone up and you said there are like reasonably strong sale. So, historically I know that the contribution of cement in construction of houses, etc ., is low, but fairly enough, the builders association have revolted more in south than anywhere else in the country on the price increase. This time it doesn't seem to be happening. So, all that are like sort of settled now and likely to come.

Chalet Hotels Limited

SHREE CEMENT LIMITED

Ambuja Cements Limited

Ambuja Cements Limited CC-Dec23.pdf · 2024-01-31
My question is, if you can explain the cost hit which we had during this quarter because of which the EBITDA per tonne has got hit during the current quarter? Is it related to buying clinker from ACC or from outside? And what part of it is extraordinary when you say you took a 12% clinker shut down during the quarter?
What would be the cost associated with this? Why I ask is most of your peers have reported Rs. 200 improvement in EBITDA per tonne. ACC is also higher on a standalone basis at least. Your consolidated number actually looks quite good. But your standalone numbers of Ambuja are looking sort of flattish on unit EBITDA. All that loss got booked in ACC in terms of more clinker purchased from ACC, and a result ACC results have improved significantly during the quarter?

ACC Limited

ACC Limited CC-Dec23.pdf · 2024-01-31
My question is, if you can explain the cost hit which we had during this quarter because of which the EBITDA per tonne has got hit during the current quarter? Is it related to buying clinker from ACC or from outside? And what part of it is extraordinary when you say you took a 12% clinker shut down during the quarter?
What would be the cost associated with this? Why I ask is most of your peers have reported Rs. 200 improvement in EBITDA per tonne. ACC is also higher on a standalone basis at least. Your consolidated number actually looks quite good. But your standalone numbers of Ambuja are looking sort of flattish on unit EBITDA. All that loss got booked in ACC in terms of more clinker purchased from ACC, and a result ACC results have improved significantly during the quarter?

Nuvoco Vistas Corporation Limited

Nuvoco Vistas Corporation Limited CC-Dec23.pdf · 2024-01-30
I was just saying that there was this mention of pricing realization drop of 30 to 40 per ton. Was this against December exit or December quarter average comparative?
And sir, secondly on the Rs. 1.67 of fuel cost on a kcal basis, obviously the combination of various fuel mix which you have, but given pet coke is 56% and current imported pet coke price is around $110 and $112, is it reflecting that number, spot number or the more saving which can come in Q1 FY25?