Adani Total Gas · 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
10
Answered directly
60%
Numeric claims
2
Consistency
mixed
Question ledger
Father Rajan · Research desk
partialThey've agreed upon giving enough notice so that everybody can plan their purchase and the shortfall demand they see. It is under process, and definitely, it will be in place in due course. The timeline is given. Earlier, it was very short notice that has been extended, and they are trying to extend it further.
Father Rajan · Research desk
directOn the contrary, I think our belief is this is not the price of a lone CNG vehicle. This is a normal increase which takes place by OEMs due to various factors. Otherwise, the difference between petrol and diesel vehicles is being maintained. If you see, as I stated also in my announcement of the results, there is actually a volume growth of 20%, 21%.
Father Rajan · Research desk
evasiveI would say, Rajan, I think there are multiple considerations which get into when people decide to go for a commercial vehicle on CNG. One is, of course, efficiency or price differential between CNG and the HST. It also is driven by several organizational objectives. On the efficiency side, of course, everyone is expecting a bit higher efficiency.
Yogesh Patil · Dolat Capital
partialOn the zonal tariff side, the tariff clarity is yet to come. Currently, the existing regime is continuing. The good news is that they have also stated in the same notification that for CGD, for a home PNG, as well as CNG, which is the priority segment for which we get APM, there will be only zone one tariff irrespective of a distance.
Yogesh Patil · Dolat Capital
declinedI think, Yogesh, as you understand that as a publicly listed company, it will not be right to hazard a guess. We don't know what is the revised tariff which is going to be coming. I would urge you and all the participants to bear some patience with us. We would come back with correct implication.
Yogesh Patil · Dolat Capital
partialFor Q1, close to about 69% is PNG. The balance 31% is within the PNG segment. 70% of this is actually dominated by industrial segment only, whilst about 24% is domestic and 6% is commercial.
Yogesh Patil · Dolat Capital
directI would say not 80%- 85%, but roughly around 60%.
Kirtan Mehta · Baroda BNP Paribas
directToday, our composition is close to about 65% from the existing geographies, while about 35% is from the newer geographies. If I were to see from a YoY, 30%+ is actually in terms of newer CNG growth rate, while 12% is from the existing geographies in terms of CNG growth.
Kirtan Mehta · Baroda BNP Paribas
directThis year, we are likely to incur a CapEx of somewhere in the range of about INR 900-INR 1,000 crore. That's the CapEx that we are intending to do for this year. As far as the next two to three years are concerned, we will end up doing a CapEx of INR 3,500-INR 3,700 crore.
Kirtan Mehta · Baroda BNP Paribas
partialActually, again, I'm glad that you asked this question. You know, it's 20% or higher. The key for us is to expand CNG volume in each of the geographical areas, contact the potential of currently used vehicles which are being used, also promote, along with OEMs, new vehicles which are being purchased.
