Questions across 2 calls

Vinayak Kariwal

Xponent Tribe

Azad Engineering Limited

Azad Engineering Limited CC-Feb26.pdf · 2026-02-14

Hi. Thank you for the opportunity , sir. I just remember Mr. Vishnu Malpani posting about the hiring of at least 1,000 workers for our new plants in the next three months. And on the same post, I remember someone commenting that they hired 100 workers and that took them 12 months to hire. So I just wanted to understand , how is the aerospace and precision engineering workforce situation in the area where we are operating in ? And what is the progress on that hiring?

Sure, sure. And sir, how -- on the margins part, do you expect the margins to dip for the next FY considering the fact that we are coming up at this facility and the utilization won't be up to the mark, which will only hit maximum utilization in FY '28. So do you expect a margin dip for the next year?

Gravita India Limited

Gravita India Limited CC-Jan26.pdf · 2026-01-23

Hi sir, thank you for the opportunity. Sir, my question was on the lead volumes growth. So, what we are selling in the export market, we are mostly selling to South Korea, UAE. But according to some reports, the lead volumes demand in these countries are saturated. And thus , many of our peers are starting to sell a big chunk of their lead volumes to Singapore and these traders sitting there. So, why are we not selling our volumes to these traders sitting in Singapore and do you see any benefit to selling your volumes in Singapore because of the demand saturation in these countries?

So, you are not seeing any demand saturation from these OEMs currently and comfortably you could maybe push in the incremental volume from your capacity to these OEMs?