CNL / Q4-FY26 / claim-ledger

Audit the questions that mattered.

Creative Newtech · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ4-FY26 · 2026-05-??Back to quarter ↗

Questions audited

11

Answered directly

82%

Numeric claims

2

Consistency

contradicted

Question ledger

What was answered, and how?

Ahmed · Robo Capital

partial

Consider demerging honey business to unlock value due to higher margins.

the long-term plan is that in a next two to three years we will be on that path where we'll have the brand business separate and the market entry business separate... for the next 15 months there is no plan but then probably after that we could initiate this

Ahmed · Robo Capital

direct

Impact of Middle East war on growth and expansion plans.

Short answer to your question is that the Middle East war yes it is impacting the business currently... freight cost was between $1,500 to $1,700 which has now gone to $7,500 to $8,000... if this continues it will have some material impact for sure.

Ahmed · Robo Capital

direct

Revenue growth outlook going forward.

our internal thing is that we want to grow by at least in a year by 25 30% for sure and the profit also we want to in absolute term for the next five six years growth by 30% for sure.

Ahmed · Robo Capital

direct

Margins as honey business scales to 900-1000 cr topline.

over a long-term period if you look at averages the margin will keep going higher... once we cross the 1000 cr we should operate at 18 19%.

Myria · Sapphire Capital

direct

Reason for high EBITDA margins in Q4.

last two quarters we have started focusing on making India companies and this making India companies are mainly into surveillance and AI... you get a higher percentage margin...

Myria · Sapphire Capital

partial

Is 25-30% growth guidance conservative given 50% growth this year?

50% by any criteria is an ambitious target... crisis like Middle East may impact little bit on the bottom line... but otherwise the demographics of India is in our favor...

Myria · Sapphire Capital

direct

Ability to pass on cost increases and inventory strategy.

whether we are able to pass the cost, yes, we are able to pass the cost to the customer. Whether the customer is able to absorb the cost, now it's the time when the customer is starting to feel the heat...

Myria · Sapphire Capital

partial

Acquisition plans for brand business and growth outlook for FY27.

we are in active lookout of looking at any brand which we can look in the surveillance drone AI space... with our Honeywell brand this month you will hear that we launch our own brand also in this space.

Myria · Sapphire Capital

partial

Timeline to reach 1000 cr brand business and revenue split.

our vision by 2030 we want to be a 50% market entry and a 50% brand business company... any brand which is not doing 1000 cr is not a brand... we would at least require two to three brands which are above 1000 cr.

Sarang · Investor (individual)

direct

Share numbers for brand business, Honeywell India and overseas.

brand business in India was 231.98 cr and outside India was 137.63 crores total brand business we achieved 369.61 crores... brand share of brand business is 14.1% in our total quarter...

Sarang · Investor (individual)

direct

Reason for increase in receivables.

receivables has gone up from 237.76 crores to 565 crores... mainly because in the last quarter our turnover has got doubled... and we are also getting into new area of businesses like AI surveillance and data center product line where we have to extend extended credit.

Sonia Queswani · Coherent Wealth

direct

Reason for increase in intangibles.

intangible has gone up to 4006... we moved to a new ERP... Microsoft business center plus we also wanted to incorporate CRM and supply chain... we also opened one distribution center in Noida...