Questions across 3 calls

Uttham Kumar

Avendus Spark

Cummins India Limited

Analysts/Institutional Investor Meet/Con. Call Updates Cummins India Limited has informed the Exchange about Transcript · 2026-05-29

Yes. Thank you for the opportunity. My first question is on the p ower gen segment. I just want to understand that post the transition to CPCB IV + kind of technology, initially, we have highlighted that the price hikes were as much as about 30% to 35%. Is the pricing still sustaining? Or have you seen kind of pressure s because of competitors also trying to maintain at the lower end? That's the first question.

Got it. The second question is on distribution business. So we are seeing for the full year, around 22% growth. Could you highlight what would have been the price-led growth for this particular category?

Cummins India Limited CC-Jun26.pdf · 2026-05-29

Yes. Thank you for the opportunity. My first question is on the p ower gen segment. I just want to understand that post the transition to CPCB IV + kind of technology, initially, we have highlighted that the price hikes were as much as about 30% to 35%. Is the pricing still sustaining? Or have you seen kind of pressure s because of competitors also trying to maintain at the lower end? That's the first question.

Got it. The second question is on distribution business. So we are seeing for the full year, around 22% growth. Could you highlight what would have been the price-led growth for this particular category?

Triveni Turbine Limited

Triveni Turbine Limited CC-Mar24.pdf · 2024-05-17

Thank you for the opportunity. And c ongrats on a good set of numbers. So, two questions from my end. Firstly, with regards to the aftermarket orders which we have. So, could you just give some colo ur on how is the margin profile of these orders? I mean earlier we used to execute one or two orders which are of a lower margin profile. Can we expect the margin profile of the current aftermarket orders to be much more margin accretive? That is my first question.

Got it. And I mean earlier this particular point was addressed, on t he margins, that we are expecting the margins to at least sustain at the EBITDA level. But the question is that on one side we are seeing the utili sation levels also improving, we have a robust order book, which will lead to better execution over the next two to three years. On the other hand, we have some workforce increasing also. So, when should we expect some margin expansion happening for the Company? Because we have been around 20%. Can there be any meaningful expansion which the Company can, I mean, see over the next two to three years? Or it will be in the same range there'll be some expenses which will always be, restricting the margins from expanding going forward?