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Sai Ganesh

Square 64 Capital Advisors
BIRLANU

BirlaNu Limited

All company calls
BirlaNu Limited
7 Aug 2026
Open call
  1. Yes, a couple of questions from the Roofing side. You have reported a 17% PBT margin in Roofing for Q1 FY27, while our peers are in line with our margins. But before we used to do 20% to 25% plus , PBT margin, if you look at FY22, FY23. At that time our peers used to do 16%, 17% margins. But now our peers have started reporting 17% margins, but we are still stuck in that 17% range. Wanted your thoughts on that?

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  2. I am understanding. Boards are happening more than 16%, 17%. PBT margin is what we are talking about.

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  3. Okay. And is there any inventory gain such as one -off, there is no one-off, right, in our Roofing margin?

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