I have 2 questions. My first question to Mr. Partha is a forward-looking one. How are you positioning Navin Fluorine to capture the evolving demand in specialty fluorochemicals and the CDMO space while mitigating risk from global regulatory changes and raw material volatility? And what strategic levers will differentiate the company from its peers in the coming quarters? That's the first question. I have ask my second question after this?
Mr. Roy?
I have a forward-looking question. With power demand remaining strong and thermal generation continuing to play a critical role in grid stability. How is Adani Power thinking of optimizing its operating portfolio between contracted and merchant exposure? In this context, how do you prioritize sourcing tactics, plant efficiency improvements and long -term capacity utilization to ensure sustainable returns across different demand and pricing scale?
Given constant volatility in the fuel cost and the constant regulatory compliances, which is also keep on changing from time-to-time, just want to understand what is your vision on approaching margin visibility and cash flow across the board? Additionally, can you just shed some light on the capital allocation and balance sheet priority as the company balances debt, maintaining capex and potential growth, just want to understand your view on this?
Yes. Good evening to the team. My name is Sucrit Patil from Eyesight Fintrade Private Limited. So I have two forward looking questions. My first question is, as Pine Lab operates a broad merchant payment infrastructure and Fin tech platform spanning POS, online payments, credit, and value added services amid strong digital adoption, how are you planning the product innovation and monetization across these verticals to strengthen competitive differentiation, especially as the merchant expectations evolve and new digital rails emerge across the global market? That is my first question. I will ask my second question after this. Thank you.
Thank you. Best of luck.
I have just one question. With strong capital adequacy and steady cash flow, how do you plan to sustain net interest margins while managing funding costs and credit risk? From a financial process point of view, how will you structure liability diversification, working capital cycles and hedging mechanisms to ensure ROE remains strong and balance sheet continues to grow in the coming quarters?
Good afternoon, team. As Gravita scales in recycling operations across lead, aluminum and plastics, how do you see capacity utilization and product mix evolving over the next one to two quarters? Specifically, what technical levers such as process automation, backward integration or efficient improvements are you using to enhance the process and maintain global competitiveness, while maintaining ESG commitment? That is my first question. I will ask my second question after this. Thank you.
My other question is to Mr. Sunil. With margins supported by steady cash flow, how are you planning to sustain profitability while funding expansion into new recycling verticals? From a technical standpoint, what is your framework for managing working capital cycles, hedging raw material price volatility and optimizing capital allocation to ensure ROE stays steady over the medium term? Thank you.
Team, am I audible?
Yes. So I have two questions. My first question is to Mr. Nangineni. As demand for premium housing continues to grow, how do you see Sobha balancing expansion into new cities with maintaining its reputation for quality and luxury? Over the next 2 years, what kind of role do you see Sobha playing in shaping the customer experience and brand positioning, especially as competition in the real estate sector intensifies? This is my first question, and I’ll ask my second question after this.
My question is, as more global players enter the CDMO space, what is Piramal Pharma doing to build a strong edge, not just through capacity or client wins, but something deeper than that, like a way of working or thinking that grows over time and makes the company hard to replace?
My final question is about margins and cost planning. Forward -looking question. As CDMO volumes and compliance costs keep on shifting, how are you planning to protect the margins? And are there any smart internal methods that you are putting into place that may help you keep the delivery quality high, but without hurting your profits?
Good afternoon to the Bharat Petroleum team. I had a specific question for Mr. Pankaj Kumar. So is Mr. Pankaj Kumar online?
Yes sir. Good afternoon, sir. My name is Sucrit Patil. I just want to understand a forward-looking question on regards to capital allocation. As BPCL is expanding its footprint in EV charging, biofuels and hydrogen, how is corporate finance evolving its capital deployment philosophy to support these new verticals and is there a shift towards the platform-based valuation models or any JVs or partnerships that could unlock non-linear returns beyond the traditional refinery and marketing metrics?
My question is to Mr. J.P. As Suzlon grows in the wind energy a nd maybe it looks like new markets or tech, how are you planning to keep the growth steady if demand slows or there are some policy changes? And if some plans say don't work out, do y ou have a backup to protect the margins and keep moving ahead?
Just curious, in case the competition picks up, so are you thin king of going into JVs or into partnership with any firm? And if possible, can you discuss with whom would you be partnering up in the future?
I have a specific question for Mr. Azim Syed. Are you there online?
I have a specific question for Mr. Syed, so is Mr. Syed online?