Stockrabit · Analysts
Questions across 69 calls

Shravan Shah

Dolat Capital

Nuvoco Vistas Corporation Limited

Nuvoco Vistas Corporation Limited · 2026-07-14
Hi. Thank you, sir. Sir, just to get a couple of things clarity. Sir, you mentioned that the exit June cement prices or the realization is higher versus the 1Q FY27 average. Can you quantify will it be a kind of a INR5, INR10 per bag higher?
Okay. And now, sir, given that the once this Sura t we have already started and let's say in Q3 once we start the commercial production for the clinker at the Kutch level, maybe in the full- fledged in the Q4, how do we kind of see so on that part if we have to see on profitability front, will it be a much, much lower versus currently what we are having a profitability or how one can look at or if it is lower by in how many qu arters one can see that profitability of this Kutch including the Surat grinding would be at par with the company average?
Nuvoco Vistas Corporation Limited CC-Jan26.pdf · 2026-01-16
Hi. Thank you sir. Sir, just to summarize so at a blended level given the 3-million-ton capacity that will come up particularly this East one so one, 1 million tons I hope will be coming by March Jojobera and Jajpur. Jojobera and Panagarh will be coming by this March and maybe 1- million-ton Jajpur by 1Q FY’27 and plus 2-million-ton Surat also will be coming up and will be available for the second half of FY’27. So, at a broader level this 4th Quarter at least we should be doing 7%, 8% growth and for next tw o to three years as you are highlighting at a blended level closer to a double-digit growth is doable.
Okay. Got it. Second sir to summarize in terms of the cost of including the even the startup cost for the Vadraj so from here on in terms of the at the company level in terms of the cost saving how one can look at?

JK Cement Limited

JK Cement Limited CC-May26.pdf · 2026-05-25
A couple of questions from, sir, my side. Sir, first, when we said that for this year, we are looking at least 2.5 million ton incremental volume and maybe more. So similar way, one can also look at for FY '28 also given Jaisalmer, all the Bikaner, Jaisalmer, and the Punjab would also support the incremental volume at least for second half? And maybe if you can also highlight, maybe even if we can try to start the plant by 2, 3 months earlier, so that can also have some extra volume. So similar 2.5 million, 3 million ton extra volume is also one can look at in FY '28 also.
Yes, sir, yes, Yes. Second, sir, in terms of CC ratio, so currently, maybe in fourth quarter or maybe entire FY '26, is it still at 1.55? Is there a way to further improve this?

Afcons Infrastructure Limited

Afcons Infrastructure Limited CC-May26.pdf · 2026-05-19
Hi, Sir. Thank you. Sir, you have tried to explain various reasons why our performance was the worst quarter in our history, but still trying to get some more clarity there. So, when we had a call in the third quarter post the result in February, we were kind of confident that we will be able to at least 5% revenue growth for the entire full year. That means we would be doing a kind of a 19-20% kind of growth on the 4th Quarter versus now we have seen a 19% degrowth in the 4th Quarter and for full year also 5% kind of a degrowth. So, just trying to understand that even at the middle of the quarter, we were so confident and what has gone so wrong in terms of and that's why we missed significantly on the execution front.
Okay, got it, sir. So, now, again, we are at the middle of this quarter. So, first, obviously, I think, correct me if I am wrong, for full year FY27, we are not providing any revenue guidance. So, if that is the case, then this quarter Q1 till now and looking at whatever now the whatever the constraint, payment related issues, everything, can we see a growth in the Q1 FY27 this quarter?

NCC Limited

NCC Limited CC-Feb26.pdf · 2026-02-06
Sir, again, trying to harp on what Parikshit has said, let's assume that what sir has just mentioned that we'll try to have a kind of reach what we have achieved INR5,300 crores in the fourth quarter of FY '25. If we do that, then broadly -- and also if you can help us how much is L1 and how much more order is it likely there in this quarter? So even if I remove that broadly, we should be a INR 67,000 crores, INR68,000 crores kind of order book at the end of the March, assuming 0 inflow further in the next 2 months. And 3 months -- 3 years, if we assume our execution rate, that means in FY '27, we should be doing closer to a kind of a INR23,000 -- INR22,000 crores, INR23,000 crores. So that ultimately means FY '25, then 10% growth, which was our original guidance and then again, a 10% growth. So is that the understanding right? Though that means that FY '27, because of the low base of FY '26, we should be doing a 28% to 34% kind of a revenue growth. So is my understanding in the right direction? Or will there be a significant cut? Maybe maximum, we can look kind of a 15% kind of a growth in FY '27?
No, I understand. So I'm not even asking for the clear kind of a guidance. But directionally, so that's what I tried to explain you, let's say, INR68,000 crores kind of order book at the end of the March, 3 years execution, so that directionally, that's the way one can look at? Or is -- there are projects where the execution time line is maybe of 5 years plus, and that's why we are not kind of confident. So directionally, I wanted to understand. So or simple -- let's say, simply put it together, whatever we have lost in FY '26 in terms of the revenue, the 10% growth, which we wanted to achieve, can -- we can recoup in the FY '27 with further more growth in FY '27?

Supreme Industries Limited

SHREE CEMENT LIMITED

SHREE CEMENT LIMITED CC-Feb26.pdf · 2026-02-06
Yes, thank you, sir. Sir, two questions. First, in the last con-call Q2, you highlighted that investors should look at the Shree Cement from th e consolidated perspective. But in last two quarters, you have shared the UAE volume, and this time, this is not part of the press release. And also post the call, when we try to connect with the CFO, sir, Mr. Jajoo, he is not ready to share the numbers. So, how can one look at these things? This is first part.
No, volume, I'm saying the volume?

JSW Cement Limited

Astral Limited

UltraTech Cement Limited

UltraTech Cement Limited CC-Feb26.pdf · 2026-01-24
Congratulation on strong volume growth. Most of the questions answered, a couple of clarifications and questions. So first, 9-month capex, what was the number? And for full year FY '26, '27, '28 previously, we said INR10,000-odd crores. So that guidance remains intact?
Got it. And sir, in the next year, FY '27, when we say 12 million tons we want to add, any ballpark idea in terms of 1H FY '27, will it be a 5 million, 6 million tons that we will be adding?

The India Cements Limited

The India Cements Limited CC-Feb26.pdf · 2026-01-24
Congratulation on strong volume growth. Most of the questions answered, a couple of clarifications and questions. So first, 9-month capex, what was the number? And for full year FY '26, '27, '28 previously, we said INR10,000-odd crores. So that guidance remains intact?
Got it. And sir, in the next year, FY '27, when we say 12 million tons we want to add, any ballpark idea in terms of 1H FY '27, will it be a 5 million, 6 million tons that we will be adding?

Dalmia Bharat Limited

Dalmia Bharat Limited CC-Jan26.pdf · 2026-01-21
Hi, sir. Is it possible to share both the Kadapa and Belgaum break up in terms of the CAPEX? So roughly 6 ,800 crores was the announced CAPEX. So how much till now we would have broadly would have spent on that?
Okay. And previously participants have tried to understand in terms of the 75 million tons. Still, I am again trying to understand in furthermore detail. So, if you can specify in terms of timeline, because it is becoming very difficult to digest that we can reach to 75 million tons. Actually, we need a kind of 13 odd million tons. So, we have to start spending now. So that's what when Puneet sir said that we will be announcing in a couple of months. I want to understand a couple of months. Does that mean by March we will be announcing or it could be by June? Even if by March also, how are we kind of confident that we can reach to a 75 million tons?