Stockrabit · Analysts
Questions across 11 calls

Viraj Mithani

Jupiter Financial

RITES Limited

RITES Limited CC-Mar25.pdf ·
Is it because of the more of a turnkey project you've taken? And then this is, well, now the honesty, the composition of the order book, the turnkey is higher than any other, you know, segment of business? So, first of all , let me clarify. As I have said i t repeated times earlier also, we are a pure consultancy company. We are not a construction company. What you see as INR 4,200 crores in the as a turnkey in the order book, that's not really a construction, I mean, not like an EPC construction company. Primarily our role is still as a consultant. Only thing the revenue passes through us. So, let's say, a consultancy fee of INR 4 rupees, instead of the order value being INR 4 , the order value is INR 104 or 100 plus 4. So th at's the only difference. Our work, our content, our scope of work is exactly the same. So we are not deviating from our core strength of being a consultancy company. Having said that, the impact on margins is primarily due to a mix of factors. And one of the key factors is changing business dynamics, if you see compare our mix of order book every year in the last two to three years especially, the shift now is a majority on the competitive basis and on the nomination vis a vis the nomination basis. And even the orders which are on nomination basis, I wouldn't really call them nomination. They are primarily kind of single tender orders given to us, because of our capability and experience where it is based on a very tough negotiation, on deciding the rates, etc. So, with all those factors and the competition around, that's contributing by and large to the margin. So the erstwhile margins, which have been there three to four years back, are not possible to be achieved. And that was what makes us feel that we will be in the range of about 20% in EBITDA and about 15% to 16% in PAT margins.
And it's in connection to the same question. we will maintain the same dividend policy?

Schneider Electric Infrastructure Limited

Schneider Electric Infrastructure Limited CC-Nov25.pdf · 2025-11-10
Yes. Thank you for the opportunity, sir. Every quarter, other expense keeps on growing, whether we grow, we don't grow. So, my question is that when this will stop happening, at what level of the sales this will stop happening?
My point is other companies in the same field are having operating leverage. When are we going to get this? Because whether the standards grown or grown, other expense has always grown up? So, I was just wondering.

NLC India Limited

NLC India Limited CC-Jun25.pdf · 2025-08-13
Thank you for the opportunity, Sir. My question is regarding this rare earth minerals. Can you give some colour on that, the JV on rare earth mineral like how will be -- when will come into full flow like in the production and a little bit more colour on that would be nice.
Sir, my question is continuation from the previous question. What will be the CAPEX required for mining this rare earth minerals? And when the revenue start flowing from this project?

NBCC (India) Limited

Indian Energy Exchange Limited

Central Depository Services (India) Limited

Hitachi Energy India Limited

Cochin Shipyard Limited

Engineers India Limited