Questions across 2 calls

Rishabh Agnihotri

Firm not listed in source transcripts

Olectra Greentech Limited

Olectra Greentech Limited CC-Mar24.pdf · 2024-04-29

Can you hear me now?

So, I'm just seeing that I'm not going to focus on the past quarters. I'm just focusing on the upcoming ones. One thing I don't understand is like, I mean, one of the reasons we backed Olectra is because of the promoter mega and I mean you guys have built dams and tunnels and all. So, I just don't understand that I mean, from that perspective and spectrum putting a factory in capacity expansion should be not that hard, right? So, I just don't understand, is it not being prioritized or how what are the actual restrictions? Because the battery norm thing that we have been hearing since the last to last quarter. I'm just, I mean, totally understand that this is a new field and it's just more innovative in general. But we need somewhere like the overall transparency or clarity is not there. So, if you can throw some light on this, that would be really helpful because the execution numbers are, I mean, we can track this data in real time on Vahan and this data is like quite different like one month you're just producing one bus and one month you're producing 95 plus buses. So, I just don't understand where is the problem coming exactly?

Olectra Greentech Limited CC-Dec23.pdf · 2024-01-31

I just wanted to quickly understand. I mean, we all saw the CMD interview on CNBC. The guidance was revised tolike700-800 buses while it was 1,000 in the last quarter. And the reason quoted was the battery norms, right? I think you were very clearly out of the woods the last time we spoke on the concall. So, what happened here and I mean should we expect similar things because the guidance of 2500 has been given to the next year. Just wanted to get a sense what happened like where we went from 1000 to 750 in terms of guidance in FY24?

For sure, I agree. I mean, from a competitive pers pective as well, our margins are much better, ROCE is better, debt is better. So, great thing there. Just two more questions here. One, like the MSRTC order, which is of the 5,000 buses, right? Considering 2,500 next year, I hope there is no hit there because we have delivery in the next two years, right? That is one. And second, any comments on the new PM Bus Sewa order, I know the target guidelines have been extended to like now to six… but any window to us there that, how would that tender look like?