{"id":129466,"date":"2022-05-11T09:13:19","date_gmt":"2022-05-11T13:13:19","guid":{"rendered":"https:\/\/44.250.171.167\/?p=129466"},"modified":"2022-10-06T03:25:34","modified_gmt":"2022-10-06T07:25:34","slug":"welspun-india-ltd-q4-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/welspun-india-ltd-q4-fy22-earnings-conference-call-insights\/","title":{"rendered":"Welspun India Ltd Q4 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"Welspun India Ltd Q4 FY22 Earnings Concall\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/S7c_NWMl4CE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><strong>Key highlights from Welspun India Ltd (<a href=\"https:\/\/44.250.171.167\/symbol\/WELSPUNIND\/\">WELSPUNIND<\/a>) Q4 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Abhishek Nigam from B&amp;K Securities asked about reason for revenue decline in Home Textile segment and utilization numbers also going down. Dipali Goenka CEO answered that there has been a complete glut in the whole logistics; and inventories and warehouses are choked. So there is a correction happening in stock. Going forward, the situation doesn&#8217;t look good right now and definitely demand would be a little muted.<\/li>\n<\/ul>\n<ul>\n<li>Abhishek Nigam from B&amp;K Securities also asked about price hikes in 4Q and 1Q23. Dipali Goenka CEO said the company has already taken two rounds of price increases. Definitely all the price can\u2019t be passed on to the consumer, because then the demand is going to slow down.<\/li>\n<\/ul>\n<ul>\n<li>Abhishek Nigam from B&amp;K Securities enquired about the drivers of Flooring turning to a marginal loss and outlook for 1Q23. Rajesh Mandawewala MD said it\u2019s due to cost on commodities, which have been relentless and also the ocean freights, which makes it difficult. Going forward, the company expects the situation to continue.<\/li>\n<\/ul>\n<ul>\n<li>Biplab Debbarma from Antique Stock Broking asked about the demand outlook. Dipali Goenka CEO answered that the demand outlook looks muted and it doesn&#8217;t look very encouraging for the next couple of quarters. Post the holiday season is the time, the company will see the green shoots coming in.<\/li>\n<\/ul>\n<ul>\n<li>Akshay Kothari from Envision Capital asked about the revenue from the top 5 or 10 customers. Dipali Goenka CEO answered that it would be major of the number. The company is doing around $782 million in Home Textiles. So it will be about 40%, 45%.<\/li>\n<\/ul>\n<ul>\n<li>Prathamesh Sawant from Axis Securities queried about truckers issue in U.S. and Canada and if this problem is about to end in next quarter or two. Dipali Goenka CEO replied that it\u2019s not just because of the COVID, it is also because of the demand and the Amazon factor. They have basically hired most of the truckers, and prices are far dearer.<\/li>\n<\/ul>\n<ul>\n<li>Prathamesh Sawant from Axis Securities asked about the ballpark figure of cotton price in two, three quarters down the line. Dipali Goenka CEO replied that the company feels the floor will open at INR70,000, not lesser than that. That&#8217;s what it looks like at the moment.<\/li>\n<\/ul>\n<ul>\n<li>Kalpesh Gothi from Valentis Advisors asked on ESG and target for carbon neutrality. Dipali Goenka CEO answered that the company is water positive today. And on carbon neutrality, the company has a road map for 2030.<\/li>\n<\/ul>\n<ul>\n<li>Prerna Jhunjhunwala from Elara Capital asked about the capex plans, when the towel capacity expansion of 25% to reach 1,00,2000 tonnes per annum is expected to come in. Rajesh Mandawewala MD replied that end of 1Q23 the company will be there. And most of the capex is either concluded or will get concluded by Sept. 2022.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Welspun India Ltd (WELSPUNIND) Q4 FY22 Earnings Concall Q&amp;A Highlights: Abhishek Nigam from B&amp;K Securities asked about reason for revenue decline in Home Textile segment and utilization numbers also going down. Dipali Goenka CEO answered that there has been a complete glut in the whole logistics; and inventories and warehouses are choked. [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,6351,392,12],"tags":[9793],"class_list":["post-129466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-consumer-stocks","category-earnings","category-other-industries","tag-textile"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":129479,"url":"https:\/\/alphastreet.com\/india\/welspun-india-ltd-welspunind-q4-fy22-earnings-concall-transcript\/","url_meta":{"origin":129466,"position":0},"title":"Welspun India Ltd. (WELSPUNIND) Q4 FY22 Earnings Concall Transcript","author":"Staff Correspondent","date":"May 12, 2022","format":false,"excerpt":"Welspun India Ltd. (NSE: WELSPUNIND) Q4 FY22 Earnings Concall dated May. 10, 2022 Corporate Participants: Nihal Jham\u00a0--\u00a0Edelweiss Securities -- Analyst Abhinandan Singh\u00a0--\u00a0Head - Group Investor Relations Dipali Goenka\u00a0--\u00a0Chief Executive Officer and Joint Managing Director Sanjay Gupta\u00a0--\u00a0Chief Financial Officer Rajesh R. Mandawewala\u00a0--\u00a0Managing Director Analysts: Abhishek Nigam\u00a0--\u00a0B&K Securities -- Analyst Biplab Debbarma\u00a0--\u00a0Antique\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"stock earnings conference call transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":137362,"url":"https:\/\/alphastreet.com\/india\/welspun-india-ltd-welspunind-q2-fy23-earnings-concall-transcript\/","url_meta":{"origin":129466,"position":1},"title":"Welspun India Ltd (WELSPUNIND) Q2 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"November 8, 2022","format":false,"excerpt":"Welspun India Ltd\u00a0(NSE:WELSPUNIND) Q2\u00a0FY23 Earnings Concall dated Nov. 08, 2022 Corporate Participants: Biplab Debbarma -- Antique Stock Broking -- Analyst Abhinandan Singh -- Head, Group Investor Relations Dipali Goenka -- Chief Executive Officer & Joint Managing Director Sanjay Gupta -- Chief Financial Officer Analysts: Abhishek Nigam -- B&K Securities --\u2026","rel":"","context":"In &quot;Earnings Call Transcripts&quot;","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"Earnings Conference Call Transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/09\/Transcript-thumbnail-e1657213425955.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128200,"url":"https:\/\/alphastreet.com\/india\/welspun-corp-ltd-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":129466,"position":2},"title":"Welspun Corp Ltd Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"March 10, 2022","format":false,"excerpt":"https:\/\/youtu.be\/1Z2JfQLsvX8 Key highlights from Welspun Corp Ltd (WELCORP) Q3 FY22 Earnings Concall \u00a0Q&A Highlights: Abhishek Ghosh from DSP Mutual Fund asked about the outlook for the domestic business as the volumes are muted. Vipul Mathur MD said that the volume was muted in the last couple of quarters due to\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128618,"url":"https:\/\/alphastreet.com\/india\/bajaj-finance-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":129466,"position":3},"title":"Bajaj Finance Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"April 27, 2022","format":false,"excerpt":"Key highlights from Bajaj Finance Ltd (BAJFINANCE) Q4 FY22 Earnings Concall Q&A Highlights: Abhishek Murarka from HSBC asked about the NIM and cost to income outlook for FY23. Rajeev Jain MD said opex to NIM would remain elevated. Eventually it will lead to better OpEx to NIM ratio eventually. 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