Ashok Leyland · Analyst questions, management answers, and the quality of the response where the ledger is available.
ConCallIQ research layer
Use the controls below to narrow the view, then follow the evidence into the next layer of context.
Questions audited
12
Answered directly
71%
Numeric claims
9
Consistency
contradicted
Question ledger
Kapil Singh · Namora
partialSince October the market has grown very strongly on both MSCV and LCV side... In May we are not seeing any significant slowdown... However, there is a kind of sentimental sentiment attached to the diesel oil prices... Exports might drop in Q1 although things are now coming back to normalcy.
Kapil Singh · Namora
partialWe have taken a price increase of about 1% effective January... On the cost side, we have been successful enough to get savings on account of value engineering and esourcing which is much higher than the commodity increase we witnessed in Q4.
Mummand · Anandrati Institutional Equities
directLCVs had the most positive impact followed by ICVs and then heavy duty trucks... The fleet owner demand started surging from December onwards while the first two months it was largely on the retail side.
Mummand · Anandrati Institutional Equities
directOn the other income side there is no specific reason except that we had some returns on investment of surplus funds... Last year we incurred about 1,000 crores. Next year also the plan would be to incur about 750 to 1,000 crores on capex.
Ben Singh · Morgan Standi
directThat is 5899 crores at end of March. December net cash was 2600 crores so that's a quite a good jump.
Ben Singh · Morgan Standi
directSpares would be around 3,800 crores, power solution business around 1,400 crores, exports crossed 3,000 crores at 3,200 crores. Defense is at 800 crores in the books of AL but overall defense business is at 1,200 crores including subsidiaries.
Prammouth Kumar · UBS Securities
direct4Q spares is 1,060 crores, last year 950 crores. Engines 400-425 crores, last year same level. Exports 1,100 crores, last year 825 crores. Defense 275 crores, last year 170 crores.
Prammouth Kumar · UBS Securities
evasiveI would have loved to give you an estimate but I wouldn't host a guess here because I would be really shooting in the dark... It will be very difficult to say to put a number on it like how much Q1 will grow or how much Q2 will grow.
Prammouth Kumar · UBS Securities
evasiveWe can work on controllable costs... We have started forming cross functional teams to look at each operating expense... The gap seems to be somewhat manageable but we'll have to wait and see.
Amy Pirani · JP Morgan
directWe could not get much leverage as we got in the first three quarters... we had to make some provision towards performance related bonuses for the executives... we did this only in the fourth quarter.
Ragu Nandan · Noama Research
directICV demand has grown more than heavy duty trucks... We believe that initial enthusiasm on ICV side will start to moderate... Tipper segment and multiaxle segment would be the fastest growing segments.
Kul Agarwal · HSBC
partialWe haven't lost market share in last 3-4 years but have tremendously gained on MSCV side... We are very confident of the new product launches... You will see impact starting quarter two.
