Dear All,
I have some questions to be raised in AGM but i am unable to attend AGM, if anyone attending AGM pl. raise these questions?
- Indabrator Unit : (As per Annual report ) “Your Company has recently won several large contracts. Company has decided to expand its machine building division at its Visholi Complex, Gujarat, construction for which is expected to start in Q4 of this year.”
I would like to know,
What is our current order book for this unit and what kind of expectations of order book and operating profit from this unit?
What is expected capex for this unit? - What is expected capex for IT4 and how much we have already incurred, and when will it come in operations?
- We have approximately Rs.413 crs cash and cash equivalent, our operations are generating around 110-130 crs from operations activity only plus other income from cash and cash equivalents, I think it will be good for our capex requirement so what is our plan for cash utilization?
- As our operations are very efficient and generating significant higher RoE, our cash and cash equivalents are pulling company’s RoE significantly lower, so do we have any significant plan for cash utilization to increase returns from cash and cash equivalents?
- Is there any plan for increasing dividend payout or thinking of shares buybacks?
- I appreciate idea of hospitality division to take benefits of footfalls of BEC and IT parks, i would like to know how much capital employed in this segment and how much EBIT it is generating? What is our growth plan pertaining to this particular segment?
- What are our plans for further development of IT park and BEC?
Thanks
Prashant