CHAMANLALSETIAEXPORTS / Q3-FY26 / claim-ledger

Audit the questions that mattered.

Chaman Lal Setia · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ3-FY26 · 2026-02-10Back to quarter ↗

Questions audited

10

Answered directly

15%

Numeric claims

0

Consistency

Question ledger

What was answered, and how?

Anuba Mukhari · Research desk

evasive

When was the 10-15% price hike taken and why not reflected in Q3 realization?

You see the prices in the beginning of this season were quite low... procurement was in that period but the sales were in this quarter... So in September we were buying which reflected the sales part of the final product was in the month of October November and it was good procurement price low selling price good so we made good profit.

Anuba Mukhari · Research desk

evasive

Will the 10-15% hike reflect in Q4 realization?

no no no Q3 you see our top five countries sales have gone up from 15,493 to 34,500 something... volume has gone up... realization have gone up now realization prices have gone up that's why it's the profitability

Anuba Mukhari · Research desk

direct

How are paddy procurement prices compared to last year?

They were more or less same. Last year and this year prices... the paddy prices in the beginning of last year were relatively low from the preceding year but they came down thereafter.

Manish Gil · Research desk

evasive

How is inventory placed and how is current quarter (Jan-Feb) shaping up?

preceding quarter they are going perfectly they're going so far... inventory levels are according to demand we are procuring. We are not taking any risk.

Akash Ba · Research desk

evasive

How much did rupee depreciation help bottom line?

we have not policy of hedging... it is giving benefit or huge benefit we got out of it in the preceding year

Akash Ba · Research desk

direct

Did US sanctions on Iran affect the company?

we don't do any business Iran... we have stopped the business for years altogether... we don't deal with Iran and those who are dealing they have huge amounts outstanding in that country

Akash Ba · Research desk

evasive

Do you plan to increase US market focus given tariff advantage?

No. Which which market we America... we have multiple customers in US export is regular... all the bigger customer kept on buying. Of course their sales come down... it's open market again.

Ashish Sharma · Research desk

evasive

When will improved export realization play out fully in Q4?

the international prices... we have no control on the prices. It's the market going up and down... somewhere our wisdom plays the role... we command our prices in many country because of our quality

Manish Ka · Research desk

evasive

How much incremental sales came from new capacities?

all new plants are working now in Mundra as well as in Karna... sales quantitative sales is quite good this quarter. So obviously the plants are helping

Madur Rati · Research desk

evasive

Can margins improve further from current 10 rupees per kg?

as the foreign exchange is concerned it's we cannot comment more on that maybe it goes weaker more or strengthens... at the point of selling we see today let's assume date is 90 we will not apply 90 rupees for our calculation. We'll apply 89 for our calculation.

Madur Rati · Research desk

direct

What percentage of Maharani sales come from smaller packs?

around 50% of my total Marani sales

Palash Aaral · Research desk

partial

Will company meet 1500 cr revenue guidance and are Q3 margins sustainable?

the performance is almost the same which happened in the preceding quarter. So I'm confident last quarter will be definitely good and let's hope we once again reach the 1500 road... if the performance is going same way the profitability is same way.