Stockrabit · Analysts
Questions across 71 calls

Sumangal Nevatia

Kotak Securities

Steel Authority of India Limited

Steel Authority of India Limited CC-Mar25.pdf · 2025-05-29
Sir, just continuing on the previous question. Sir, my first question is if you could share April, May average, what is the NSR for flat and long? We have fourth quarter. So for the first 2 months, if you could share that? And also on the coking coal front, what is the cost expectation for 1Q or for the first 2 months, whatever we have seen?
Okay. So from fourth quarter, we are seeing almost in flat INR3,000 and in long INR4,000 increase, and in cokin g coal, we are seeing around INR1,500 reduction. Is that the right calculation?

NMDC Limited

NMDC Limited CC-Mar25.pdf · 2025-05-28
Sir, first question is on the balance sheet. So we are seeing a very sharp increase in receivables this year to almost INR7,800 crores. So can you share what are the key reasons behind and what are the key accounts where this has gone up? And how are we dealing with it?
Understood. Understood. Sir, my second question is with respect to RINL. We've entered into some long-term lease and extended some INR500-odd crores. So can you explain what is the use? And what -- I mean, what is the business purpose on long-term basis?

Hindalco Industries Limited

Hindalco Industries Limited CC-Mar25.pdf · 2025-05-20
Yes. Good evening, sir. Thank you for the opportunity, and congratulations on very strong numbers. Sir, the first question is on Slide #32. If you see quarter-on-quarter, alumina or aluminum EBITDA per ton has gone up by $200. Is it possible to share some sort of a bridge as to what has led to this $200 increase? How much is cost? How much would be the top line value addition? And maybe what is the alumina sales contribution?
Okay. Everything was not tying up. So just on alumina's sale, did we benefit a lot because of some land price increase versus what the spot was? Is it possible to share what realization was alumina versus 3Q in 4th Quarter?

Jindal Stainless Limited

Jindal Stainless Limited CC-Mar25.pdf · 2025-05-09
Yes. Good evening. Thank you for the chance. I just missed a few details on the Maharashtra greenfield expansion project, please excuse if it's already discussed. I just wanted to understand, by when are we looking to kind of take a final call? Is it near term in next one or two quarter? It's more like towards the end of FY ’26? And also I wanted to know what is the size in the 1st Phase and any ballpark thumb rule you can help us with as far as the investment amount is concerned for Phase 1?
Understood. And just one thing, I mean, whenever we finally decide to announce, will that be once we have the entire land in possession ? Or as and when the site is identified and there is some progress on land, we will announce and gradually acquire the remaining part of the land?

Gravita India Limited

Gravita India Limited CC-Mar25.pdf · 2025-05-05
Congratulations on a good set of numbers. The first one is, sir, a question on Slide 24, where we are forecasting the formal segment of the lead recycling industry to sharply increase from 40% to 75% in FY '26. So just want to know, is it, an expectation o f it happening over few years gradually or we are expecting something really sharp change in FY '26 itself?
And sir, when do we expect that RCM to get notified from our interaction and engagement with regulators?

JINDAL STEEL LIMITED

JINDAL STEEL LIMITED CC-Mar25.pdf · 2025-05-01
The first question is on the Utkal B1 coal block. So firstly, congratulations on getting the crucial mine approved. I just want to understand 2 things. One is when do we expect mining to start? And in the past, we've kind of guided that in year 1, we can ramp up very quickly to almost rated capacity. So, I just want to understand what could be the production, say, this year and next year? And I mean, this is one of the mines, which was one of the lowest bid, I think around 15 odd percent, if I remember correctly. So, what would be the delivered price of coal from this mine to our plant?
Okay. So, we can expect somewhere around 5 million tonnes production in the second half?
JINDAL STEEL LIMITED CC-Dec24.pdf · 2025-01-30
My first question is on the capex on Slide 27. Now we are seeing a lot of additions to the tune of almost INR 15,000 crores. That's almost 50% addition to our stated capex of around INR 30,000 crores without any addition of capacity. So I just want to know what are the heads where there is a cost overrun a nd all these sustaining contingency, we were of the understanding that it's already included in our earlier announcement. So it's slightly coming as a surprise. So if you can just elaborate on this point, please?
Okay. But if you look at Slide #6, there is no addition of any downstream units. So any tangible unit which you can share as to any different product or different downstream rolling units which we are putting, which will kind of help us understand this better?

Ambuja Cements Limited

ACC Limited

UltraTech Cement Limited

The India Cements Limited

Grasim Industries Limited

Grasim Industries Limited CC-Dec24.pdf · 2025-02-11
My first question is on the CSF division. If one can elaborate what sort of cost pressures are we looking at in this quarter and in the coming quarters, some guidance? And we are running at almost rated capacity. What sort of capital allocation are we looking at in this division given the return profile has been very subdued over the last few years. So should we expect steady-state limited investments in future, focus on paints and other divisions? Or we would look to see some brownfield attractive expansion opportunities here as well?
Understood. Understood. Sir, my second question is on one of our small division, Pivot. So, I just wanted to understand what, how is the competitive landscape in that building products and sales market? And how is our positioning different from a few of our peers because we do keep hearing aggressive growth plans by competition like Infra.Market, JSW One, etcetera. So just some details on these will be very helpful.

Vedanta Limited

Vedanta Limited CC-Sep24.pdf · 2024-11-08
My first question is on Aluminum. So, during the quarter, we had an accident at Red Mud Pond at Lanjigarh. Just want to understand what was the impact? Is everything running regularly now? And what was the financial impact also of some compensation which we read in the news articles?
Next question is on alumina production, full-year guidance. There has been cut versus what we had guided at the start of the year. So , just want to understand, is it because of delaying line to Train 2 or some other reason?

JSW Steel Limited

Dalmia Bharat Limited

Dalmia Bharat Limited CC-Dec24.pdf · 2025-01-22
My first question is to understand our rationale of supplying in the central region. So are we still hopeful of winning back JPA? And if yes, if you could just share what is the update and the status of the NCL T process and the JPA. And are we right in assuming that the supply to the Central India would be at very low incremental margins versus our core regions.
And sir, what sort of timeline are we looking at for this NCLT purchase to kind of go to the next phase?