Questions across 4 calls

Saket Saurabh

Sagari Capital

Blue Jet Healthcare Limited

Blue Jet Healthcare Limited CC-Jun26.pdf · 2026-05-25

Am I audible?

So sir, the question was pertaining to one of the private equities acquiring our innovator company. In the past, there have been cases that while a change of hands of stand -alone companies is a normal phenomena, but those change of hands sometimes also lea ds to supplier consolidation or vendor consolidation. So any thoughts that you have had or any interaction that you've had with the private equity folks or the new owners as to -- regarding this continuity of supply? Or any thoughts that you may have on this front?

Anupam Rasayan India Limited

Anupam Rasayan India Limited CC-May26.pdf · 2026-05-25

Hi, am I audible?

Yes, Thanks for the opportunity and congratulations on the deal. Sir, my first question would be, if I say, consider the platform, excluding Bliss, what would be our Africa exposure? And what would be Bliss' Africa exposure? Because this is where I think geographically, do you think that Anupam and the rest of the platform, excluding Bliss is Africa, say a very attractive proposition. Because if I'm not mistaken, Bliss had a fair exposure to Africa. So that would be my first question, sir?

Ramkrishna Forgings Limited

Ramkrishna Forgings Limited CC-Feb26.pdf · 2026-01-27

So, Naresh Sir, last time during the con-call, during November, you were quite bullish on the turnaround in the export business because the confusion regarding all this tariff and what tariff to be deployed , had created some bit of, I think, disruption, especially in October. But if I look at the exports number, Sir, on Q -o-Q basis, it remained largely flat. And even the North America numbers didn't quite , I think 20 -odd percent up or in fact, slightly lower than that. So, it doesn't really look like more of a turnaround. So is it like, say, improvement that we were witnessing, say, in November, mid when the last con call took place , did not sustain? So, December it again went down, it got disrupted and then say the Mexico thing impacted.

Okay. I was just talking about that maybe late December was considerably down vis -a-vis November. That is what I'm trying to understand. That did the sentiment really turn around?

Ramkrishna Forgings Limited CC-Nov25.pdf ·

So, sir, I think I understand that Q2 had a lot of tariff -related disruptions. But you had guided that based on Q1 call led by Q4, the stand -alone margin might start getting back to the 20%-odd level. Now in the updated scheme of things, when do you see that those stand -alone margins of 20% coming up? Is it now Q1 or after '27?

Okay. Another point is, so one of our listed peers, Bharat Forge said that let's see this entire North America thing seems to be right now too uncertain. But we are confident that we would be back on growth path. I think tariff was more of a disruption rather than demand disruptor. Is that a fair understanding?