TTK Prestige - TT Jagannathan
- Dont give revenue projections but domestic rev growth of 14.5% can be repeated in FY19
- There is good growth across the board
- We will have to pass on cost increases to market for increase in aluminium prices
- Looking for 150 crores capex this year for prestige brand
- Revenues from cleaning solution business - little below our projection of 30 crs - Projecting 60 crs in this FY
- Major growth is coming from online and rural
- Export outlook is good this year with 2 new clients, expect more than 100% growth this year
Full Interview:
https://twitter.com/CNBCTV18News/status/998496641983250432?s=08
Prabhat Dairy, Vivek Nirmal, Joint MD
- B2C contributes 30% of our revenue, intend it to take to 50% in next 2 years
- 70% largely comes from premium dairy ingredients
- Gross margins are higher from B2C vs B2B. However due to higher spend on distribution, Ebitda margins from B2B and B2C are at pretty same levels
- We expect a double digit margins post 2020 after distribution and sales efficiency kicks in
- Milk procurement prices are stable at 23₹/ltr
- Largely we are Maharashtra focused brand, cover more than 40,000 outlets in Maharashtra
- Ice cream is still a small product, its not more than 10 crores - still in test launch phase - will move towards 100 crore category in next few years
- Promoters have increased stake in company last year, will be looking to increase at the right price
Full Interview:
https://twitter.com/CNBCTV18News/status/998493459701948416?s=08
Atul Auto - Jitendra Adhia
- Will be doing double digit growth in next fiscal as well
- We find demand is reviving from rural and semi urban side
- In medium term i.e. 3--5 years our export contribution shall be sizeable at 20-25% vs 7% as of now
- We expect capacity utilization above 80% in next fiscal
- We were going to take price hike but waiting for right time
- Our network is around 320 touch points and will keep on increasing 20-25% yoy
Full Interview :
https://twitter.com/CNBCTV18News/status/998463672300158976?s=08
Tata Chemicals - R Mukandan
- We have completely exited fertilizer which led to some erosion of numbers
- Focus is shifted from consumer product business to modern trade
- Sharpest change have come from pulses from having a long supply chain to having a short supply chain, improved margins but impacted revenue numbers
- Margins depends on market condition which has been favorable to us, will stick by 18% margins
- Europe operations are doing well, main product sales were not impacted but what they earned additionally by selling electricity to customers were impacted
- We have soda ash and salt business there. Salt is rock steady. Additional power sales were impacted due to disturbances in turbine which is fixed now
- PAT nos. include one time sale of fertilizer business which have to be factored in
- We have de-risked the Rallis business even if monsoon is impacted slightly
- Rains in Colombo is good and it should be hitting Kerala any time
- Targeted 5000 crores mark in revenue coming 3-4 years
- We are in basic pulses, launched organic pulses, launched besan and now khichdi, chilla mixes and a range of products still coming out
- Also building the spices portfolio
Full Interview:
https://twitter.com/CNBCTV18News/status/998427918219919361?s=08
Ashok Leyland - Gopal Mahadevan, CFO
- Net cash is around 3000 crores
- Have seen market shifting from smaller tonnage to heavier tonnages
- In full year seen a rise of 12-14% in industry volumes
- We do not sell on credit
- Industry is consistently discounting and we have been consistently raising prices
- As RM price is going up we have no choice but to raise prices
- In last 7 years we have moved from 300 touch points to roughly around 3000 touch points today
- We were able to grab huge market growth in North and also in Central India in FY 17-18
- Rising crude prices - Freight cost rise will not be in consideration for infrastructure projects to happen
Full Interview :
Manappuram Finance - Mr Nandakumar
- Last 2 quarters we are doing well, collections have been improving in micro finance and other businesses
- Targeting 10-15% growth in gold loan, good recovery in micro finance, CV business has stabilized, Home finance there was some stress
- Asset quality will remain good in gold loan buinsess
- Online gold loan - volumes are high and risks are low
- Average loan to value in gold loan is below 70%
- Efforts are in full steam for digitization
- Security cost has gone up by 130-140 crores, looking to bring down this cost by electronic technology and new storage models
- 25% is non gold book - it will move upto 30% in current year
Full Interview: