Questions across 15 calls

Saket Kapoor

Kapoor & Co

NCC Limited

NCC Limited CC-May26.pdf · 2026-05-16

Sir, as in the cash flow and in your opening remarks, we could see that we did a capex closer to INR900 crores for the last year and our guidance for the current year is INR 500 crores. So, if you could just spell out what kind of capability building are we eyeing in that space? And for which particular projects are we going to put this capex into?

Sir, for the TBM project, what would be the execution cycle and the size of the orders that we will be -- our endeavor will be to execute for the current year?

NCC Limited CC-Feb26.pdf · 2026-02-06

Sir, firstly, if you could give us some color on the pace of execution for the previous month as we have received money for this month of February. So was our pace of execution on the pending orders where mobilization was good has taken pace? Or any color you can give on the same?

No, no. Sir, I was looking at the NCC, as an entity, how have we performed on execution for the month of January? How has been the pace of execution? Yes. Have we gathered momentum or...

NCC Limited CC-Nov25.pdf · 2025-11-07

Sir, we can understand for the reasons mentioned by you and our learned team that we are withdrawing the guidance and we are not in a position to guide about growth. But sir, as earlier participant and every participants have put forward that request that during the normal course of business, now set aside the monsoon impact and set aside the receivable passing on account of receivables, our debt has already gone up. So if there is another 3 months that goes without any further movement in the same, how -- what has the company planned be to prepare to be -- to continue with the execution, number one point. And number two is in terms of the order intake, how will this affect even the order intake going ahead? How will this mismatch of the receivable days and the receivable amount will lead to affecting the prospective business going ahead?

Sir, I just re-frame it once again. Sir, we are an engineering company, construction company. So there must be a normal course of business plan that we have set aside the growth number, what we have, what we were guided earlier, what we'll execute. But there is some normal business activity that will go ahead irrespective of the receivable issue, irrespective of the monsoon impact. So monsoon impact have receded or will muted by another 15 days. Receivable may or may not be achieved during the course of the business. So we as investor would like to understand what is the plan we have in terms of the execution going ahead if the recei vables issue still persist going ahead? That is what my question is.

NCC Limited CC-Sep24.pdf · 2024-11-07

Sir, when we look at our employee cost and the finance cost Q-on-Q basis, that has gone up. So, what explains this increase in employee benefit expenses from Rs. 182 crore to Rs. 196 crore?

And about the finance cost also sir, although you mentioned that as a percentage of turnover , it has reduced but on absolute number , it has gone up Q -on-Q although the turnover on consol level is lower.

NCC Limited CC-Mar24.pdf · 2024-05-15

Yes. Namaskar to the team and congratulations on very steady set of reported numbers. If we take the other items.

Sir, when we look at the note number seven, we find that revenue from operations for the current year have a negative impact of INR 199 crores. So, taking this into account, the total impact is around INR240 crores for this quarter? The exceptional item, line item should be taken as.

NAVA LIMITED

NAVA LIMITED CC-May26.pdf · 2026-05-15

And sir, going ahead, will this be any recurrence of the same, or how much more will be reversed back going ahead?

Sir, if you could give some understanding of how the core business expect in terms of the different verticals behaving, the silico manganese, the ferro silicon, and the expected realizations going ahead? As you mentioned about the cash flow from the subsidiaries and the buyback program, what should one anticipate going ahead , and how are the power realizations going to shape up? I think in your presentation you did allude to the fact of lower reduced realizations for both ferro alloys, as well as the Indian energy increased fixed cost, which was mentioned in the financial highlights. So if you could brief me on the setup of the business environment for all the verticals, and going ahead what should we anticipate?

Engineers India Limited

Engineers India Limited CC-Nov25.pdf · 2025-11-14

Firstly, sir, we were also looking for some diversification in terms of moving away from the oil refinery space and then looking for the hydrogen opportunity going ahead. So, sir, where are we? There is some work was also done earlier, which were informed in some forum by the MD. Correct me there, sir, if I am with the information.

Sir, when we look at our capital investment in the various JVs, Ramagundam Fertilizer is there. Then, sir, we have a small stake in the Numaligarh Refinery also. What has been the contribution, if any, in terms of any dividend and how is the performance there? I think so, our major investment is for this 4% stake to the tune of INR 830 crore.

The Jammu & Kashmir Bank Limited

The Jammu & Kashmir Bank Limited CC-Jun25.pdf · 2025-07-28

Namaskar, sir, and thank you for this opportunity. S ir, point is, firstly, about the other income component. I think, sir, for the March quarter, the other income got a boost because of some one-off line items to INR400 crores. The number is now towards INR250 crores and year-on-year, there is an increase of around INR56 crores, INR57 crores. So, what are the key components and what should one look for this number on a recurring basis?

Sir, firstly, what has changed? And what should investors penciling in, in terms of this other income line item for the year as a whole or a quarterly basis?

The Jammu & Kashmir Bank Limited CC-Mar25.pdf · 2025-05-06

Yes, Namaskar, sir.

Firstly, if you could give us some color on the current interest rate regime with the consecutive cut in the repo rate and an expected lower interest regime going ahead, how are the NIMs likely to be? I think so there is a regime change from higher interest rate scenario to now interest rate either staying lower or are going to be trending lower only for the near future? So, what steps do banks of our size will take to protect their NIMs? If you would give us some color on the same?

DCM Shriram Limited

DCM Shriram Limited CC-Sep24.pdf · 2024-11-05

First a small clarification sir, you mentioned that the Chlorine price was negative for the 2nd Quarter was 5000 and currently it is trending at 9000. Is this what you alluded?

So, exit of Septembe r the negative has increased significantly . What factors have led to this, and will this lead to lower utilization levels for caustic?

HFCL Limited

HFCL Limited CC-Sep24.pdf · 2024-10-22

Sir, when we look at our first half performance, there is the increase in the interest cost outgo and also the employee cost that is not commensurate with the increase in the revenue. So if you could give us some color how are things shaping up with respect to these 2 line items? And secondly, about the BharatNet part of the s tory, I think so it is taking longer than what anticipated or according to you, things are in line, and we can expect the awarding of orders by this quarter and then a clear picture would emerge, sir...

It is also the urgency of the issue, sir. Whether, how important it is to get things done and get the order rewarded. That is also...

HFCL Limited CC-Sep23.pdf · 2023-10-20

Firstly for this EPC segment part, I think somehow the Madhya Pradesh Jal Nigam we bagged an order for INR 1015 Crores. If you could give us some more details and also whether it is one of the project or package in the project if you c ould throw some more light.

As you have earlier mentioned that we will be more inclined towards the product segment and more R&D and being done there only. So how would the revenue profile look forward? I think so now with this participation in the Jal Nigam pr ojects, What should be the likelihood and the percentage in the revenue mix?

The India Cements Limited

The India Cements Limited CC-Sep23.pdf · 2023-11-01

Sir, firstly, if you could give us the trade and the non-trade mix number for this quarter and the first half? And sir, when you are very well articulating to the fact that infrastructure t hrust has moved to south. Can you pinpoint the key projects or the states where you are seeing the activities picking up, whether these are irrigation projects, whether these are housing, where is the incremental demand that you just articulated to is propping up?

The EBITDA per ton for this quarter and for the first half?

Supreme Industries Limited

Supreme Industries Limited CC-Sep23.pdf · 2023-10-30

Just going to the last answer, which you gave for O -PVC as a supplement to ductile iron pipes. So the ductile iron pipes, diameter ranges -- is a long range. So how are these O -PVC aligned to them? Any last -mile connectivity that will happen through O -PVC or how will they work with ductile iron pipes?

And sir, how is the cost component being advantageous for O-PVC?

Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited CC-Sep23.pdf · 2023-10-30

So firstly, regarding the advanced tax part, I missed your comment. We had made a higher tax payment in the cash flow. So, what should we take into account? What were you referring to, if you could repeat, sir?

Okay. So, when we take this INR1,848 crores under the cash flow as direct tax paid. This amount is pertaining to, our income pertaining to for this year only or does it contain any prior period item also?