Questions across 8 calls

Prathmesh Salunkhe

PL Capital

Transformers And Rectifiers (India) Limited

Transformers And Rectifiers (India) Limited CC-Apr26.pdf · 2026-04-21

Hi, sir. Thank you so much for the opportunity. Sir, my question is again on the HVDC space. I just wanted to understand now that we are -- now that we plan to supply only the equipment, the HVDC transformers in the projects, and it may take some time for the approvals to come in. And at the same time, I recall in the last few calls, management had mentioned that we are not really doing LCC or VSC. We are trying to come up with our own technology. So for next 2, 3 years, all the projects that are in the pipeline have already been established, whether as an LCC or VSC project. So how will TARIL be able to compete for these projects against the established MNCs?

Sir, technology of the HVDC, LCC and VSC?

Apar Industries Limited

Apar Industries Limited CC-Nov25.pdf · 2025-10-30

Hi, sir. Thank you for the opportunity. So, since we are on cables business, now that we understand most of the cables growth is coming from the US business and there is a dependency as of now. So, just wanted to know if and when this tariff situation resolves, what kind of impact we can see going forward? Can the cables business maintain this kind of growth in next year as well?

Okay. Also, sir, we are doing quite a bit Capex in cables business, expanding our capacity across the cable. So, wanted to understand what kind of revenue we might get from cables like maybe elastomeric cables? What were the revenue figures for elastomeric, ' 24-'25, and then with increasing capacity, what kind of revenue we can get from such cables ? So, we understand sort of trend. Thank you.

Thermax Limited

Thermax Limited CC-Jun24.pdf · 2024-08-02

Sir, last quarter, we discussed that in the Chemical business we had some delays due to inventory being stuck in transition -- in transit to U.S.A. Is that situation any better? And if not, what could be the repercussions on the same?

GE Vernova T&D India Limited

GE Vernova T&D India Limited CC-Jun24.pdf · 2024-07-31

Congratulations on a really good quarter. So I just wanted to understand some bit more color, some a bit more details about your automation busin ess, like what are the growth prospects? Is it -- where is it exactly going? And what could be the contribution of this business to the overall revenue or margins? Is it a high-margin business? Is it a low-margin business? Any color would be appreciated, yes.

Okay. Okay. That was very helpful. Another thing, s ir, coming to STATCOM, I think in last quarter, we did have some commentary that about 15 to 20 STATCOMs are available in the next 2 to 3 years, each costing about INR3 billion. So i s that still the case? Or are there any incremental order fee, not order, incremental opportunity in the markets we are seeing apart from the 15 to 20 range?

Kalpataru Projects International Limited

Kalpataru Projects International Limited CC-Jun24.pdf · 2024-07-30

Sir, my question is general bookkeeping question, just wanted to know the order inflow from the Fasttel subsidiary from Brazil. And another thing, the order inflow breakup segment-wise for the current quarter, that is breakup for INR3,182 cores, if you could help me with it?

Okay. Fasttel has no order inflow, got it. Sir, further more....

Hitachi Energy India Limited

Hitachi Energy India Limited CC-Jun24.pdf · 2024-07-25

So, looking at the demand for the transformers in the country, just wanted to know what would be the market share of Hitachi Energy in terms of power transformers, especially about 220kVs, since that is the big boom right now?

Sir installed manufacturing capacity for transformers are reaching somewhere around 500 GVA by the end of '26. What do you think Hitachi Energy will stand in that sense, I mean in that sector?

Engineers India Limited

Engineers India Limited CC-Mar24.pdf · 2024-05-30

Yes. Thank you so much for taking my question. I just had a simple question in our order intake. So in our presentation, we have said that one of the jobs awarded in Q3 was considered in consultancy and now and now it is considered in turnkey. Just wanted some more colour on it, which order was it exactly? And what was the value of it?

Schneider Electric Infrastructure Limited

Schneider Electric Infrastructure Limited CC-Mar24.pdf · 2024-05-23

So again, my question was on the transformer side. So just wanted to know what is the mix of the transformer in our current revenue in terms of percentage. Also, if you could share our current transformer manufacturing capacity, that would be very helpful?

Sorry, did you say 35%? I wasn't able to hear you clearly.