Stockrabit · Analysts
Questions across 24 calls

Shweta Dikshit

Systematix Group

Jindal Saw Limited

Jindal Saw Limited CC-Jan26.pdf · 2026-01-19
Sir, first question, just to get your qualitative view on what's happening in the Jal Jeevan Mission, what are the expectations here on? Because recent news indicates that there had been some monitoring of on-ground developments that have been there to bas ically understand where the gaps have been. So from here, what's your view on revival of government spend for this -- for the project? And what are the expectations from the budget as well? Do we see -- are we likely to see a sharp decline in budget allocation for the scheme? And secondly, what is the run rate that we are targeting from the seamless pipe unit on a quarterly basis from 4Q onwards?
Understood, sir. Next question from my side would be when you had mentioned something in your opening remarks that the implementation of seamless pipe unit in Abu Dhabi could take lower-than-expected time. I missed your full remark on that. Could you just explain that?
Jindal Saw Limited CC-Mar24.pdf · 2024-05-08
My first question is, could you provide any details of contributions from the Hunting JV since it began commercial production last quarter? So, could you provide any number and outlook from the Hunting JV?
So, you have previously mentioned that because this is a complete import substitution product and that would benefit you in terms of increase in seamless pipe volumes as well since that will be like everything under one roof kind of benefit. So , are we seeing that happening and could you throw some light how the seamless pipe sales have moved?

National Aluminium Company Limited

National Aluminium Company Limited CC-Nov25.pdf · 2025-11-07
Thank you. So, I have one question regarding the commissioning timelines. When we are targeting commissioning by June, when do we expect the c ommercial production to begin? What is the likely to be the ramp-up sched ule? So, I wanted to understand how we are targeting 5 lakh tons of alumina sales in, incremental alumina sales in FY27?
So, but then we are looking at half a million ton of capacity and expecting it to utilize that half a million ton at almost 100%. So is that, it might be theoretically possible, but does it seem to be practically possible that we achieve the remaining 6 months, we go, we achieve almost close to 100%?

Inox Wind Limited

Inox Wind Limited CC-Dec24.pdf · 2025-01-31
A couple of questions from my side. The first one being, could you explain what composed of the other income this quarter for both Inox Green -- I mean, even if we remove a Inox Green of INR12 crores, that still brings our other income to INR70 crores this quarter. So first of all, a breakup of that. Another thing, on the margin side, are we maintaining 18% for next year? Third question would be on the realization side that we are still lagging in terms of realization this quarter on a consol. We are still -- we're below INR5 crores per megawatt. So how do we see this moving forward for the next 2 years when our execution guidance remains intact?
So just for my clarity, if I look at the exceptional items also this quarter, so there are certain losses related to ECL that we've already accounted for in the exceptional item that is below EBITDA. So -- I mean on an accounting...
Inox Wind Limited CC-Jun24.pdf · 2024-08-09
My first question would be, if you look at the realization number this year -- this quarter, it is around INR4.6 crores per megawatt at an execution of 140. Could you split this execution in terms of what were the pure equipment supply this quarter and what were actual installations for wind turbines this quarter.
Sir, in terms of supplies of all the components, we still are looking at a realization lower than what otherwise is around INR6 crores to INR6.5 crores -- or INR5.5 crores for the entire equipment supplier, still we are on the lower side in terms of realization. Can you explain that?
Inox Wind Limited CC-Mar24.pdf · 2024-05-03
On the execution side, I understand there could be some volatility in terms of execution number. First, if we look at the blended realization that has dropped significantly from the first quarter of this year, like we were executed only 2 -megawatt turbines in the first and second quarter and our blended realization has dropped from INR5.2 crores per megawatt to INR4.1 crores per megawatt this quarter. So could you please explain this drop in realization?
I understand. But I -- even though we are -- it is a milestone and component wise breakup, but still sub component wise also aren't 3 -megawatt component expected to be set higher realizations, on a stand-alone basis also it's around INR3.6 crores per megawatt, if you look at 129 megawatts of execution. So I just wish to understand like what kind of realization do we build up, especially for FY '25 considering there could be volatility in terms of the execution guidance?

Gravita India Limited

Gravita India Limited CC-Jun25.pdf · 2025-07-29
Sir, just I missed the capex number for this year and how much was it in first quarter?
Okay. And sir, 2 other questions. Firstly, on the rubber side, as you said that your plant in Romania is currently making INR7 to INR8 per kg and it is ramping up or stabilizing as well. Similar thing is expe cted when the India plant comes on stream. So even after operational efficiencies are achieved and the capacity ramps up, are we still looking at INR7 to INR8 per kg of EBITDA per ton in rubber or can we expect this number to be higher? That's on the first side. And second --. Yes, please continue.
Gravita India Limited CC-Mar25.pdf · 2025-05-05
Sir, couple of questions. First, on the global perspective in terms of lead, what's your view, how the demand is likely to shape up? Because if you look at the numbers or indicated numbers from International Lead and Zinc Study Group, they say 2025 is like ly to be a surplus year in terms of lead. So how do we see this demand and how do we see our market share moving in terms of that? And will this have an impact on prices and eventually our EBITDA per ton guidance? Second question is on the standalone side, what would be India operations led EBITDA per ton for the quarter? That's the second question. And last question is what -- any view, any comments from your side on the plastics segment performance this quarter, since we have continued to guide it on a INR10 to INR11 per kilogram, but what led towards EBITDA margin decline this quarter and what can likely help improve it in the subsequent period?
Sir, just a follow -up to that question. When we say arbitrage possibilities in the domestic or Indian business, do we talk about cheaper raw material or do we talk -- are we trying to say that our realizations -- better realizations in India kind of help us sustain the EBITDA margin if at all there is some arbitrage?

Suzlon Energy Limited

Suzlon Energy Limited CC-Mar25.pdf · 2025-05-29
My question is what is your -- what are your thoughts on longer and growth trajectory in terms of delivery. We agree that we've given a guidance of 60 growth for FY '26. But if we broaden our horizon, if you look beyond FY '26 and go towards maybe a FY '28, '29, '30, what could be the growth that is in your vision at this point?
I want to be understand your thoughts on what's happening on th e replacement market, what is -- like how is this market expected to turn around in the next coming years? Next few years, since a lot of older turbines are still in place? And what exactly is happening or could be expected in that market segment?

NMDC Limited

NMDC Limited CC-Mar25.pdf · 2025-05-28
So a few questions on the guidance for FY '26. When we say that we are targeting 55 million ton EC enhancement that includes 2 million ton enhancement that we're looking at for the deposit side. So is this the right guidance for FY '26 in terms of sales or should we look at a number which is moderate than 55 million tons for FY '26?
Understood. And sir, on the other expenses, since we talked about 2 new segments contributing to the other expenses, one is export of pellets and the second is the marketing tie-up benefit. So how do we see these 2 numbers moving forward? Marketing expenses, are they supposed to remain at this level going forward? And how is that...

APL Apollo Tubes Limited

APL Apollo Tubes Limited CC-Mar25.pdf · 2025-05-07
Hello. Hi, good evening. Congratulations on a good set of numbers. My question is primarily, what's your EBITDA per ton guidance on 20 % volume growth each year? Also, to be taking care of the fact that if at all fuel prices fall again, is the most likely of sustainable rate of EBITDA per ton? Is there a chance that once again, when we push higher volume when our focus goes to volume growth, could there be a scenario where we again push discounts to the market to gain a better market share? So more like the question that largely revolves around as a sustainable EBITDA per ton?
Understood. And if I could squeeze in one more question out of the total…

Steel Authority of India Limited

Welspun Corp Limited

Hindustan Zinc Limited

Coal India Limited