{"id":130411,"date":"2022-06-01T03:52:04","date_gmt":"2022-06-01T07:52:04","guid":{"rendered":"https:\/\/44.250.171.167\/?p=130411"},"modified":"2022-10-06T04:27:35","modified_gmt":"2022-10-06T08:27:35","slug":"shree-pushkar-chemicals-fertilisers-limited-q4-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/shree-pushkar-chemicals-fertilisers-limited-q4-fy22-earnings-conference-call-insights\/","title":{"rendered":"Shree Pushkar Chemicals &#038; Fertilisers Limited Q4 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><strong>Key highlights from Shree Pushkar Chemicals &amp; Fertilisers Limited (<a href=\"https:\/\/44.250.171.167\/symbol\/SHREEPUSHK\/\">SHREEPUSHK<\/a>) Q4 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>Subham Agarwal from Aequitas Investment asked about the fertilizer division and what kind of volumes the company can do in FY23. Punit Makharia MD replied that the company expects to achieve around 3.75-4 lakh tonnes of quantity in FY23. The company also added that it\u2019s hopeful that in FY23, it would be achieving around 80-85% capacity plus additional what it achieved of Deewanganj and Kisan Phosphates.<\/li>\n<\/ul>\n<ul>\n<li>Subham Agarwal from Aequitas Investment also asked about any timeline with respect to Kisan Phosphates expansion of 32,000 and Deewanganj of 132,000 tonnes. Punit Makharia MD said that as far as capex of Kisan Phosphates is concerned, it\u2019s completed. On Deewanganj, a closure order needs to be revoked, post which the company will be able to immediately start the plant.<\/li>\n<\/ul>\n<ul>\n<li>Subham Agarwal from Aequitas Investment enquired about the current realization per tonne of SSP and the subsidy amount per tonne. Punit Makharia MD answered that subsidy remains as it is. It was done on 20 May, 2021. And government has not increased any subsidy on the SSP. However, the company has increased the sales price, so in totality it\u2019s around INR16 a kg, including subsidy.<\/li>\n<\/ul>\n<ul>\n<li>Subham Agarwal from Aequitas Investment asked if there is any issue with regards to availability of raw material for the SSP division. Punit Makharia MD replied that there is fluctuation in price. SHREEPUSHK is having sufficient stock of raw material till the sale of Aug. 2022.<\/li>\n<\/ul>\n<ul>\n<li>Subham Agarwal from Aequitas Investment enquired that due to the solar plant, how much cost saving the company is expecting per unit. Punit Makharia MD answered that for Unit 1, the company is already getting credits in its electricity bill. For Unit 5, the company should be getting the credits from next month. So the company can add around INR5-6 crores to its EBITDA annually.<\/li>\n<\/ul>\n<ul>\n<li>Forum Makim of Forum Capital asked that on the fertilizer segment why volumes on a standalone basis are down 9% YonY. Punit Makharia MD clarified that it is mainly because of certain grade of fertilizer for which the raw material was not available.<\/li>\n<\/ul>\n<ul>\n<li>Ninad Sabnis with Sabnis Financial asked about the capex plans for FY23 and beyond. Punit Makharia MD said the company currently has completed the capex of around INR165-170 crores out of the internal accrual. Now the company does not have any such major plans of any major capex, except few balancing equipment\u2019s capex.<\/li>\n<\/ul>\n<ul>\n<li>Ninad Sabnis with Sabnis Financial asked about the availability of SSP in India and the market size and market share. Punit Makharia MD answered that the total production in India as per the data available in public domain is around INR49 lakh tonnes of the SSPs produced across India. Of this the company\u2019s share is close to 4.5-5% till the last year.<\/li>\n<\/ul>\n<ul>\n<li>Anshuman Mohta asked about Unit 5, if the company is going to dyes and chemicals. Punit Makharia MD said there are currently three plants. One is acid plant which started on March 27, 2022. Second, connected to acid plant is one sulphur chemistry plant which will take 1.5-2 months time to start. The third one is the dye intermediate plant.<\/li>\n<\/ul>\n<ul>\n<li>DR Varun with Stock Gems asked about the sales being good but margins suffering on a quarterly basis and what\u2019s the outlook for FY23. Punit Makharia MD answered that there is big pressure on the business due to steep increase in energy costs. The company consumes around 3,000 tonnes a month of coal, the cost of which has almost doubled vs. last 6-8 months.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Shree Pushkar Chemicals &amp; Fertilisers Limited (SHREEPUSHK) Q4 FY22 Earnings Concall Q&amp;A Highlights: Subham Agarwal from Aequitas Investment asked about the fertilizer division and what kind of volumes the company can do in FY23. Punit Makharia MD replied that the company expects to achieve around 3.75-4 lakh tonnes of quantity in FY23. [&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":[9825,392,12],"tags":[8519],"class_list":["post-130411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-other-industries","tag-chemicals"],"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":128189,"url":"https:\/\/alphastreet.com\/india\/shree-pushkar-chemicals-fertilisers-limited-q3-fy22-earnings-conference-call-insights\/","url_meta":{"origin":130411,"position":0},"title":"Shree Pushkar Chemicals &#038; Fertilisers Limited Q3 FY22 Earnings Conference Call Insights","author":"Praveen","date":"March 9, 2022","format":false,"excerpt":"https:\/\/youtu.be\/I07QEBECBrw Key highlights from Shree Pushkar Chemicals & Fertilisers Limited (SHREEPUSHK) Q3 FY22 Earnings Concall Q&A Highlights: Shubham Agarwal from Aequitas India asked about the reason for a 33% QonQ volume drop in the dye and dye intermediary division. Punit Makharia MD answered that as far as dye, the company\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":136341,"url":"https:\/\/alphastreet.com\/india\/shree-pushkar-chemicals-fertilisers-limited-shreepushk-q1-fy23-earnings-concall-transcript\/","url_meta":{"origin":130411,"position":1},"title":"Shree Pushkar Chemicals &amp; Fertilisers Limited (SHREEPUSHK) Q1 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"August 10, 2022","format":false,"excerpt":"Shree Pushkar Chemicals & Fertilisers Limited\u00a0(NSE:SHREEPUSHK) Q1 FY23 Earnings Concall dated Aug. 10, 2022 Corporate Participants: Punit Makharia\u00a0--\u00a0Chairman and Managing Director. Deepak Periwala\u00a0--\u00a0Chief Financial Officer Analysts: Shubham Agarwal\u00a0--\u00a0Aequitas -- Analyst Unidentified Participant\u00a0--\u00a0-- Analyst Sanjeev Damani\u00a0--\u00a0SKD Consulting -- Analyst Forum Makim\u00a0--\u00a0Equitree Capital -- Analyst Chirag\u00a0--\u00a0Keynote Capital -- Analyst Yogesh Tiwari\u00a0--\u00a0Arihant Capital\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":146866,"url":"https:\/\/alphastreet.com\/india\/shree-pushkar-chemicals-fertilisers-limited-shreepushk-q4-fy23-earnings-concall-transcript\/","url_meta":{"origin":130411,"position":2},"title":"Shree Pushkar Chemicals &amp; Fertilisers Limited (SHREEPUSHK) Q4 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"May 21, 2023","format":false,"excerpt":"Shree Pushkar Chemicals & Fertilisers Limited (NSE:SHREEPUSHK) Q4 FY23 Earnings Concall dated May. 17, 2023. Corporate Participants: Rasika Sawant\u00a0--\u00a0Investor Relations Manager Punit Makharia\u00a0--\u00a0Founder, Chairman and Managing Director Deepak Beriwala\u00a0--\u00a0Chief Financial Officer Analysts: Unidentified Participant\u00a0--\u00a0-- Analyst Harshil Solanki\u00a0--\u00a0Equitree Capital Advisors -- Analyst Samarth Singh\u00a0--\u00a0TPF Capital -- Analyst Ankur Agrawal\u00a0--\u00a0RC Wealth Solutions\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":173530,"url":"https:\/\/alphastreet.com\/india\/shree-pushkar-chemicals-fertilisers-limited-shreepushk-q2-2025-earnings-call-transcript\/","url_meta":{"origin":130411,"position":3},"title":"Shree Pushkar Chemicals &#038; Fertilisers Limited (SHREEPUSHK) Q2 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Shree Pushkar Chemicals & Fertilisers Limited (NSE: SHREEPUSHK) Q2 2025 Earnings Call dated Nov. 13, 2024 Corporate Participants: Pankaj Manjani \u2014 Company Secretary & Compliance Officer Punit Makharia \u2014 Founder, Chairman and Managing Director Deepak Beriwala \u2014 Chief Financial Officer Analysts: Prit Nagersheth \u2014 Analyst Harshil Solanki \u2014 Analyst Saumil\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":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":146870,"url":"https:\/\/alphastreet.com\/india\/aurionpro-solutions-inc-aurionpro-q4-fy23-earnings-concall-transcript\/","url_meta":{"origin":130411,"position":4},"title":"Aurionpro Solutions Inc (AURIONPRO) Q4 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"May 21, 2023","format":false,"excerpt":"Aurionpro Solutions Inc (NSE:AURIONPRO) Q4 FY23 Earnings Concall dated May. 17, 2023. Corporate Participants: Rasika Sawant\u00a0--\u00a0Investor Relations Manager Punit Makharia\u00a0--\u00a0Founder, Chairman and Managing Director Deepak Beriwala\u00a0--\u00a0Chief Financial Officer Analysts: Unidentified Participant\u00a0--\u00a0-- Analyst Harshil Solanki\u00a0--\u00a0Equitree Capital Advisors -- Analyst Samarth Singh\u00a0--\u00a0TPF Capital -- Analyst Ankur Agrawal\u00a0--\u00a0RC Wealth Solutions Private Limited --\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":173529,"url":"https:\/\/alphastreet.com\/india\/shree-pushkar-chemicals-fertilisers-limited-shreepushk-q3-2025-earnings-call-transcript\/","url_meta":{"origin":130411,"position":5},"title":"Shree Pushkar Chemicals &#038; Fertilisers Limited (SHREEPUSHK) Q3 2025 Earnings Call Transcript","author":"News desk","date":"January 22, 2026","format":false,"excerpt":"Shree Pushkar Chemicals & Fertilisers Limited (NSE: SHREEPUSHK) Q3 2025 Earnings Call dated Feb. 12, 2025 Corporate Participants: Pankaj Manjani \u2014 Company Secretary & Compliance Officer Punit Makharia \u2014 Founder Chairman and Managing Director Deepak Beriwala \u2014 Chief Financial Officer Analysts: Unidentified Participant Harshil Solanki \u2014 Analyst Sauresh Pal \u2014\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":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/Transcript-thumbnail.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/130411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=130411"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/130411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=130411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=130411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=130411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}