Congratulations on a great set of numbers. Sir, is it possible this way we have shared the power revenue and EBITDA for the last quarter, can you share for this quarter?
Okay. And for 9 months?
Questions across 69 calls
Shravan Shah
Dolat Capital
SHREE CEMENT LIMITED
Sir, first a couple of data points. First is, lead distance for this quarter is how much and fuel mix for this quarter pet coke and AFR? H M Bangur So this quarter, the lead distance is 472 kilometres.
It has increased significantly versus last quarter? H M Bangur Yes. Last quarter (June’23), it was 456 kilometres. So 16 kilometres, the distance has increased. So that is one part. Because in Eastern India, as I was explaining, everything comes from Chhattisgarh, whether you want to send it to Odisha, you want to send it to Bengal, anywhere. Now when our Bengal plant has started, it is going to increase our distances as the base material is coming from Chhattisgarh only. So Chhattisgarh to Bengal means that much extra freight. But that is -- will be in par with others who are selling in Bengal, whether our trade in the various markets have increased, that is not the case. It is a new geographical location, which has increased the distance. You asked about pet coke and fuel mix. Pet coke and coal put together is 90% and alternate fuel including hazardous chemicals which is very low cost, is 10%.
Nuvoco Vistas Corporation Limited
Just to continue, so does that mean that we can see Rs. 30 per ton more saving is still possible?
Two-three things, first on the volume front, so 9 months, we have a half a percent decline , so looking at the number, correct me if I am wrong, I see still we will be seeing 7% to 10% kind of a volume degrowth in the fourth quarter also, so will you please help us how one can look at in terms of whatever they are till now we have seen in January in terms of the how do one can see the volume for this fourth quarter?
JK Cement Limited
Congratulations, sir, for a very good set of numbers. Sir.
Sir, my first question is just to getting a time line confirm in terms of this 3.3 clinker and 6 million. So this 3.3 clinker at Panna would be starting in Q4 FY '26 and 6 MTPA grinding to start by Q1 FY '26, that's the fair way to look at?
Congratulations on good set of numbers. So, sir, as you mentioned, 13% to 15% rail mix. So, for this quarter Q2 would be the same, what was the last quarter of 14% rail, sir?
Secondly, sir, in terms of the profitable -- last time we have talked about gray cement, we are looking at close to INR900 kind of EBITDA per ton. But considering this quarter, is it fair to assume that this quarter should be our gray EBITDA per ton should be closer to INR1,000. And now given, as you are mentioning, 3% to 4% average price increase in the third quarter versus 2Q average? And then also at the same time, we should be seeing per ton cost should be reducing in the third quarter. So INR1,100 plus kind of a gray cement EBITDA, is it fair to -- one can look at in the third quarter.
UltraTech Cement Limited
Sir, one data point, what's the premium, sir, for this quarter?
23%. And second, sir, definitely, as you mentioned that in terms of the demand for fourth quarter, we are looking at it to improve. But overall, if you look at for FY'25 also, will there be some slowdown in the first half and net-net for the full year, will it be fair to say the max we can see a 6%, 6.5% kind of demand growth at industry level in FY'25?
Yes, just to clarify, INR70 crores extra one-off, you said this is only for the staff cost?
For staff costs, how much one can think of one -off so from next quarter, how much one can think of too lower?
NCC Limited
Thank you very much Sir and first congratulations on great set of numbers particularly on the execution and the order info front Sir, s o I understand we are not giving any guidance or upgrading the guidance on the execution but roughly trying on the direct ionally front trying to understand that normally the second half is relatively much better on the execution front versus the first half so last year also was the case, s o broadly looking at the current run rate 3 6% kind of a topline growth that we have seen in this first half is it fair to assume that we should be having at least 30% plus kind of a growth this year and the way the order inflow is that definitely you can update how much more are we expecting the order inflow so considering that even the next year also one can see a 20% plus kind of a revenue growth so that is directionally I am correct?
In terms of the margin level so if we adjust the claim so full 1H is 10.3% kind of a n EBITDA margin so that number is sustainable and previously we were talking in terms of the further debt reduction also so from here on obviously if we fight and we will get the cash flow maybe at later stage but broadly considering whatever we have so how much more we can see the debt reduction and accordingly the finance cost reduction?
Dalmia Bharat Limited
Thank you, I have three questions, so everything is interrelated. So, just trying to ask, so on the volume front for this year FY'24 previously we talked about our 15% to 17% kind of growth for this year. So, in the first half, we are already 9.6% and we are expecting that volume to improve in the second half. So, broadly what would be the, at consol level one can think of the volume growth? Second, considering as you mentioned the price hike in East Rs. 40 to Rs. 50 and in the South if you can specify would be great if our channel checks rates are Rs. 30 kind of price hike is already kind of getting implemented. So, just trying to connect if we can think of at least for us in the third quarter we should be seeing Rs. 15 to Rs. 20 kind of per bag so that is a Rs. 300 to Rs. 350 kind of realiz ation increase should be there. And considering the volume increase though the cost would be marginally declining is it fair to say that from Rs. 955 EBITDA per ton one can easily see a Rs. 1,200 to Rs. 1,300 kind of EBITDA per ton.
But on the volume front broadly any broad range or where one can think of this FY'24 in terms of the growth for us?