Stockrabit · Analysts
Questions across 9 calls

Rajesh Majumdar

360 One Capital

Steel Authority of India Limited

Steel Authority of India Limited CC-May26.pdf · 2026-05-16
Sir, my first question was on the sharp reduction in debt in this quarter, which has been achieved on account of some liquidation of inventories. So looking at this sharp rise in steel prices and the forthcoming monsoon season, do we anticipate that there will be some inventory buildup, which will lead to, again, working capital rising a little bit in the coming months?
Right, sir. And sir, my second question is on the stainless steel setup we have. They are still bleeding and we don't have any plans of expansion. So do we have any plans on selling -- what do you want to do with this asset?

Tata Power Company Limited

Tata Power Company Limited CC-May26.pdf · 2026-05-12
Yes, good evening, sir. And thanks for the opportunity. I had a couple of questions. On your Slide 7, the current operational capacity is 16.7 gigawatts and including pipeline is 26.3, which means an addition of 10 gigawatts. So, is this the FY30 figure, 26.3 or how should we take this figure? That was the first question.
And sir, your capex figure of INR25,000 crores, if you take an addition of 2 gigawatts per annum, then the capex is roughly about, say, on the higher side, maybe INR12,000 crores to INR15,000 crores. Does this mean that INR10,000 crores of regulated capex will happen in FY27?

Shyam Metalics and Energy Limited

Shyam Metalics and Energy Limited CC-Feb26.pdf · 2026-01-27
I had a couple of questions. So if you look at our EBITDA, quarterly range used to be between INR400 crores to INR450 crores in FY '25. And then now we moved to about INR500 crores to INR570-odd crores range in the last 4 - 5 quarters. And now with most of our capex already completed and probably just about INR1,500 crores, INR2,000 crores left, on the INR 9,000 crores capex that we have done, INR9,000-odd crores, what would be our EBITDA range -- quarterly EBITDA range, say, from 1Q FY '27 or whatever onwards that we can see?
So you're not taking cyclicality into account, you're just the current market conditions and projecting the numbers accordingly. If there is a price...

National Aluminium Company Limited

Hindalco Industries Limited

Hindalco Industries Limited CC-Feb26.pdf · 2026-02-12
So, one question on Novelis and one on standalone. We see a kind of 11% volume decline in Novelis in this quarter. And if we go by the history, normally 4Q and 1Q are heavy quarters for the company. And you hinted at yesterday's call at some mitigating measures to external suppliers at all in terms of how to address the customer volumes. So, will we see a similar kind of volume decline in the coming two quarters before our Bay Minette is up? Or will we see some kind of reduction in the decline due to the m itigating measures? And a follow-up question, at what cost will it come? Will it be more margin dilutive for us?
And the mitigating measures you suggested yesterday in terms of getting material from external suppliers, etc., will that kind of contribute to some kind of volume addition? And at what cost will that be?

NLC India Limited

JSW Energy Limited

JSW Energy Limited CC-Jan26.pdf · 2026-01-23
Yes. So in line with the questioning earlier, I had a question on the overall quantum of bidding, while you're saying locked-in contracts is fine. But do you foresee a reduction in the total bidding space, particularly in the renewable space next year in terms of the overall market size, in which case, keeping our market share around the same, the level of additions will be limited to about 2.5 to 3 GWs per annum barring the locked in capacity. Is that a fair assumption?
But even with that, you are saying you will be -- your assumptions assume around 4 GW additions per annum. So that is you still think?