Sir, first question is on our Gadepan-III. I think that this plant is under review in terms of the policies in FY 25 - 26. What is the expectation in terms of the profitability percent as far as the GC is concerned?
Okay. FY27, you are saying.
Questions across 4 calls
Rohan Gupta
Nuvama Wealth Management
Chambal Fertilizers & Chemicals Limited
Coromandel International Limited
Yes. Hi ma’am, good afternoon. Ma’am on the margin, you are talking about still Rs. 4,500 to Rs. 5,000 per ton for the current year and we are quite confident about it. However, last two quarters have been sub-Rs. 2,000 kind of margins, that’s what we understand. So given the current Kharif season rates, subsidy rates are already out by the government and we do not see that any further revision in near term if that doesn’t happen then do you think that this margin which you’re talking about maybe difficult to achieve o r you expect that in second half with the increased volume and also from the value added we can achieve these numbers?
Ma'am, as far as the pricing in the market, even post election, I think that we have been closely monitoring that from last 2, 2.5 years since the prices have gone up. The government has been very sticky as far as the DAP pricing is concerned in the market. I mean, what gives us the confidence that there may be possibility and opportunity to tinker with the market prices as far as DAP or maybe even c omplex or constant? I mean the government has not only just looking and then monitoring it?
Yes. Hi ma’am, good afternoon. Ma’am on the margin, you are talking about still Rs. 4,500 to Rs. 5,000 per ton for the current year and we are quite confident about it. However, last two quarters have been sub-Rs. 2,000 kind of margins, that’s what we understand. So given the current Kharif season rates, subsidy rates are already out by the government and we do not see that any further revision in near term if that doesn’t happen then do you think that this margin which you’re talking about maybe difficult to achieve o r you expect that in second half with the increased volume and also from the value added we can achieve these numbers?
Ma'am, as far as the pricing in the market, even post election, I think that we have been closely monitoring that from last 2, 2.5 years since the prices have gone up. The government has been very sticky as far as the DAP pricing is concerned in the market. I mean, what gives us the confidence that there may be possibility and opportunity to tinker with the market prices as far as DAP or maybe even c omplex or constant? I mean the government has not only just looking and then monitoring it?
Solar Industries India Limited
ManishJi good morning and congratulations on a strong set of numbers. Sir couple of questions so first is on our defence business outlook though you mentioned roughly Rs.700 Crores is likely to be maintained we have seen that there has still been a quarterly volatility in difference if you understand the nature, if you can give some sense with changing geopolitical tension and you rightly mentioned that the world market was already seeing Russia-Ukraine and now increasing tension between Hamas and Israel, so how the defence business in this scenario is likely to change for us more importantly in terms of exports and if you can give some sense over next couple of years though initially you mentioned roughly the defence business should go up to roughly Rs.1500 Crores to Rs.2000 Crores over next two years to three years how do you see that the scenario changing if you can give some thought process if you can share on that Sir?
Sir my question was more in terms of geopolitical tensions, we are in war since last two years slow war and it has just only escalated, there is a continuous decrease in global inventories of arms and ammunitions and it will only accelerate, we have seen that US and Europe are almost getting out of the inventories, so with this new inventory increase or the decline in global inventories in arms and ammunitions which is happening this is going to change the defence business maybe for next three to five years globally, I just wanted to know that how we are placed in this changing scenario, do you see that we have made inroads in many global markets when the next three to five years we will see that restocking will happen we are ready with the new kind of new set of instruments maybe in rocket or even in you can say that targeted drone kind of instruments which are going to see the increasing application, so I just wanted to see that how the landscape which very clearly has changed globally how we are going to benefit from that Sir I was just trying to understand from that perspective?