ABB India · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
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Questions audited
10
Answered directly
45%
Numeric claims
1
Consistency
contradicted
Question ledger
Renu Baid Pugalia · IIFL Capital Services
evasiveIn our view, the process automation business represents largely the projects business, which is about 10% of our total portfolio. ... It's very difficult. We have just finished the first quarter briefing, so it's difficult to say what happens end of the year.
Renu Baid Pugalia · IIFL Capital Services
partialIf you have been Renu, you've been hearing our commentary for at least, in my history, about 38 quarters. We have maintained that we play the market from three or four angles. ... Definitely, you mentioned localization of the product.
Mahesh Bendre · LIC Mutual Fund
evasiveAs far as when we talk about ABB present in this market with 18 divisions and 23 market segments, we are the true reflection of what the market is doing. ... I would say indirectly, if we watch these market segments and see the CapEx formation there and the government CapEx release, I think that should have a direct correlation with when the recovery in the process automation businesses will come.
Mahesh Bendre · LIC Mutual Fund
evasiveWe are coming on back of last five years, wherein we grew CAGR 22% in the last five years, and our revenues grew 20.5% on back of economy growing 6%-6.5%. ... Whether it happens in running quarter or it happens in next quarter is difficult to say, but we are very optimistic going forward that we'll have reasonable rates of growth in this market for us.
Subramaniam Yadav · SBI Life Insurance
directThat's an interesting question. One is that this particular picture is both for our internal as well as external consumption. ... Ideally, it is not quarter to quarter because this capital formation of the size we look for and we track does not change quarter to quarter. I would say calendar year basis is a reasonable way to look at it.
Subramaniam Yadav · SBI Life Insurance
partialService is almost every time between 12%-13%, but ideally, I think our aim is to get to 15%, but with more orders coming in. Service as a percentage looks pretty much the same.
Mohit Kumar · ICICI Securities
declinedYeah. So Mohit, actually, it's a very good question. I'm also interested in those numbers, but today, Sanjeev Arora is not here. He's traveling. He is responsible for that business. We may not be able to give that answer immediately. Plus, we typically do not go to that granularity of information because it's very kind of sensitive to the business.
Mohit Kumar · ICICI Securities
directThat is a global acquisition. What has happened in India, we have not a great footprint about it, so we are buying only some inventories and capital equipment, as what we informed the stock exchange in the last quarter. ... Not much of relevance for India, at least, as what it is.
Parikshit Karnapal · HDFC Securities
partialGenerally, on an overall basis, you're right. I think there is a bit of a sluggishness in the marketplace, more especially on the large project side, I would say. In certain product categories, of course, there is an increased competitive intensity. ... I would say that is on the minor side of the portfolio.
Parikshit Karnapal · HDFC Securities
directI think we have been saying that 12%-15% is where we are talking at the back margins at this point of time. So that's how it is.
Umesh Raut · Nomura India
partialA growth of 40% on export side, I believe, is quite a healthy growth. This is something which is available. When we talk about percentages, as long as the domestic market growth is strong, then the percentages of export, even after 40% growth, looks nominal, right?
Umesh Raut · Nomura India
partialWe are expanding our capacities organically to meet the market demand. That is how some of the balances are. We have increased our dividends, so that is how our shareholders are benefiting out of our cash balances. As we speak, there are quite a few inorganic opportunities in our crosshairs, but then it takes two to tango.
