Stockrabit · Analysts
Questions across 13 calls

Sachin Dixit

JM Financial

Cartrade Tech Limited

Cartrade Tech Limited CC-May26.pdf · 2026-05-07
Hi Vinay and team, congrat ulations on another decent set of results. I had two questions, both on OLX. The first is obviously I think you have explained already that there are some initiatives which will work out well in the near future. I just wanted to understand what happened this quarter. Because you had guided very clearly about there being higher momentum in the coming quarter and when we were discussing this same result last quarter. I mean, why did it drop from 18% odd growth to 15.5% this quarter? What happened?
So we are talking about Y-o-Y growth anyways.
Cartrade Tech Limited CC-Nov25.pdf · 2025-10-28
Congratulations on great set of results. So my first question was on consumer group basically on the growth traje ctory that we have seen. So the group has grown 30% plus for the last four quarters. And does that give you confidence of a sustainability of growth of maybe above, I don't know, 25%, which earlier used to be more like a 20% growth trajectory sort of a business? I'm thinking more long-term, not looking at any near-term guidance. So think of like next 3 to 5 years, can we build a sustainable growth ra te of 25%-ish in this business o r this is still 18% to 20% growth business according to you?
Understood. Sure. we feel so obviously, as you see that our cost base is largely fixed in natur e, it doesn't grow as rapidly as revenue growth. And so if we build, let's say, whatever somewhere between 20%, 22%-odd growth rate for the consumer group for the next 3 years, 4 years, margins tend to reach, assuming the growth rate in cost remains what it is, margins tend to reach almost 55%, 60%. Do you believe at some point OEMs or w hosoever the customer bases, which includes dealers as well, will try to ask for their f air share out of these margins or do you think sustainably this business can operate at like 50%-plus margins?
Cartrade Tech Limited CC-Jun25.pdf · 2025-07-28
So on the marketing piece, right, so what we noticed in your metrics is that the volumes have actually dipped Q-o-Q and that too a significant dip is there, while revenue has grown Q-o-Q as well. So can you explain like what is the nature of this? What is happening? How are we driving this?
Understood. And my second question is on OLX, right? As you were highlighting that there are certain initiatives that you have already pulled off, three more expected to come in the coming few months, right? So is that the one that is getting reflected in a very sharp like 24%, 25% Q - o-Q rise in employee cost, that's where the investment is going in?
Cartrade Tech Limited CC-Mar25.pdf · 2025-05-07
Hi, Vinay. Congrats on the recent set of results. My first question is on basically new auto business side , o bviously the growth has been good, industry growth is whatever, but the dynamics are favoring you. I wanted to understand competitive dynamics, right , relatively do you think you are gaining market share over the competition ? If yes, what do you think is driving? Are you doing some sort of strategic initiatives where you are creating new products, new benefits for your OEM and dealer partners?
Understood. On the same line, basically are you also looking to cater to, let's say , some of the newer formats?
Cartrade Tech Limited CC-Dec24.pdf · 2025-01-29
Hi Vinay. Hi Aneesha. Congrats on a great set of results. I had a couple of questions. The first one is regards to growth rate. So, if I look at the growth rates in consumer business, they spiked very sharply. Obviously, some of it was driven by the fact that OEMs were not spending a lot earlier, and those spends have started to come back now. But do you see this 38% growth rate likely to sustain? I am sure like next few years not, but even in the next quarter, do you believe such a growth rate can sustain?
Understood, And coming to OLX, right, obviously a lot of things are still in the works at the time of IPO, when we discussed, there was some understanding that the business is likely a 20% odd growth business, which is where it has grown in the past. I think that growth rate should revert at some point. What is happening on the cost side there? We noticed that there is a sharp drop in employee expense in this quarter. Is it just because of one single senior person leaving or there is more to it?
Cartrade Tech Limited CC-Jun24.pdf · 2024-07-30
Vinay, congrats on a great set of results. I had a few questions, some of them have already been covered. So the first question is basically on the new auto. Obviously, that 18% growth is good. But I just wanted to understand from your angle, how much growth is achievable in this business? Is this a 15% on an average sort of level growth story? Or this is a 20, 22 -odd percentage story? Where do you think is roughly the sort of steady-state growth for this business?
Got it. And my...
Cartrade Tech Limited CC-Dec23.pdf · 2024-02-08
Congrats on the result. Quickly coming to repossession basically on the remarketing piece, I understand you did talk about supply being slow and all. But if you look at the numbers that you have posted in Retail slides, it looks like the bankers listed for auctions have actually gone up recently over the quarter as well as Y -o-Y. It's just a conversion rate that seems to have dipped a bit?
Coming to that same question that Vijit also asked like breakup of that INR30-odd crores of product and tech , so if I recall correctly, last quarter, you mention ed that onetime cost of discontinued operation, obviously, of the transaction business is likely to be INR25 crores to INR30 crores. The number that we are seeing is roughly INR46 crores. S o does it imply that you have...

Meesho Limited

Meesho Limited CC-Feb26.pdf · 2026-01-30
Hi, welcome team. Congratulations on a successful listing. I had three questions. The first one was on Valmo, basically. You highlighted that there was some rapid expansion of Valmo, which is why we saw some cost spikes. How do we think of what exactly happened? And if you can put some color around, how will we take the cost down? Because broader understanding, it is largely a variable supply for you.
Understood. Is it fair to assume that your insourcing would have declined because of this quite sharply in this quarter?

FSN E-Commerce Ventures Limited

FSN E-Commerce Ventures Limited CC-Nov25.pdf · 2025-11-07
Congrats on a great set of results again. My first question was on Fashion. So, on Fashion side, basically, when we were doing Investor Day, it was tough to envisage such a recovery in terms of top line as well as improvement in the losses that we are delivering on. So, congratulations, first of all. Secondly, the question being, first is how sustainable is this trajectory, both on bottom line and top line? And on the same piece, how much of the delivery that we have seen in H1, will you give credit to Nykaa specific or Nykaa Fashion-specific initiatives that the company has taken? Or if there is any improvement in market environment as well that is helping?
Sounds good, Abhijeet. My second question is for Anchit. On Nykaa Now basically, right , so the plan earlier used to be that we'll focus more on personal care side while also looking to deliver in 30 minutes to 2 hours. Over the call today, I think it was mentioned that luxury SKUs are also being distributed and the fastest delivery was in 7 minutes. So just to understand, is there any change in the strategy there? Are we thinking of becoming faster or trying to do more than what was earlier planned? Thank you.

Urban Company Limited

Urban Company Limited CC-Nov25.pdf · 2025-11-01
Hi, team, congratulations on the great listing. I had a few questions. To start with, my first question was on the international side, right? There was a pleasingly surprising growth, particularly over there you have highlighted in the s hareholder letter that some part of it came , thanks to the tie up with Noon. What do you think of this growth going forward, how sustainable it is? Noon is obviously more of a UAE and KSA-based entity. What is happening in Singapore , if you can put something a color to this?
That was the question.