Latest news with #RFQ
Yahoo
22-05-2025
- Business
- Yahoo
Carysil Ltd (BOM:524091) Q4 2025 Earnings Call Highlights: Strong Growth and Strategic ...
Release Date: May 21, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Carysil Ltd (BOM:524091) reported a 17% growth in total income, reaching approximately $100 million, showcasing strong financial performance. The company secured significant deals, including a major contract with a US retail chain and an RFQ award from IKEA, potentially tripling their business with IKEA. Carysil Ltd (BOM:524091) is expanding its production capacity, with plans to increase capacity utilization to 85-90% within the next few months. The company is investing in new molds and infrastructure to support increased demand and has earmarked significant capital for expansion. Carysil Ltd (BOM:524091) is experiencing robust demand in both its quartz and stainless steel sink segments, with plans to expand capacity further. The company faces challenges in scaling up production capacity quickly to meet the rising demand, with current utilization at 65%. There have been bottlenecks in mold production, necessitating immediate orders for additional molds to meet demand. Carysil Ltd (BOM:524091) has experienced increased raw material and freight costs, impacting margins, although these costs are now cooling down. The company is dealing with high working capital days, currently at 87 days, due to increased inventory levels to support future growth. There is uncertainty regarding future tariff impacts, which could affect the company's cost structure and competitive positioning. Warning! GuruFocus has detected 6 Warning Sign with BOM:540975. Q: With the recent deals signed, what is the expected capacity utilization and revenue guidance going forward? A: We anticipate achieving 85% to 90% capacity utilization within the next 3 to 4 months. We maintain our revenue guidance with a 15% increase, aiming for around INR 925 to 930 crore for this year. (Respondent: Unidentified_2, Promoter and Managing Director) Q: Have raw material prices cooled off, and how does this affect margins? A: Yes, both freight charges and raw material prices, especially MMA, have cooled down, which has improved our margins in Q4. We maintain our margin guidance of 18% to 20%. (Respondent: Unidentified_2, Promoter and Managing Director) Q: Is the company open to including the promoter entity in its consolidated financials for transparency? A: The related party transactions are already disclosed in the annual report, and transparency is maintained through a transfer pricing policy. Future consolidation is a possibility that may be addressed at an appropriate time. (Respondent: Unidentified_3, Executive Director, Group CFO) Q: What is the outlook for the export market this year? A: We have significant tailwinds in the export market, with major deals like the RFQ award from IKEA, increasing our share from 25% to 75%. Overall, the demand looks strong globally. (Respondent: Unidentified_2, Promoter and Managing Director) Q: Can you provide insights into the distribution strategy for kitchen appliances? A: We are leveraging 70% of our existing network for appliances and partnering with electronic chains for the remaining 30%. We aim to expand our presence in large modern trade electronic stores over the next 3 to 5 years. (Respondent: Unidentified_2, Promoter and Managing Director) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Business Standard
18-05-2025
- Business
- Business Standard
Sebi eases cash flow disclosure norms in corporate bond database framework
Markets regulator Sebi has simplified the operational process and provided clarity on cash flow disclosure in the corporate bond database after a review of the Request for Quote (RFQ) Platform framework. In its latest circular, the regulator has made yield-to-price calculation on the RFQ platform easier. Now, only the due dates -- and not the actual payment dates -- mentioned in the cash flow schedule will be used for these calculations. This move is aimed at streamlining and simplifying the process of trade execution on the RFQ platform. As part of this simplification, yield-to-price will now be based on scheduled due dates, without applying any adjustments based on day count conventions. At present, yields on debt securities are calculated using more complex methods that consider actual payment dates and required day count adjustments. In addition to simplifying yield calculations, Sebi has introduced a requirement for mandatory cash flow disclosures in the centralised corporate bond database. Under this, issuers will need to provide a detailed cash flow schedule -- covering interest, dividend, or redemption payments -- at the time of ISIN activation and after the securities are listed. To maintain transparency and accuracy, this information is to be regularly updated in the database. Sebi has also mandated that any changes to the cash flow schedule must be updated within one working day. These new regulations will be applicable to all new debt security issues starting August 18, 2025, and also to existing ISINs for their remaining maturity, the Securities and Exchange Board of India (Sebi) said in its circular on Friday. RFQ, which was launched on BSE and NSE in February 2020, is an electronic platform that enables multi-lateral negotiations to take place on a centralised online trading platform with straight-through processing of clearing and settlement to complete the trade. A wide variety of debt securities are available for trading on the RFQ platform.
Mint
18-05-2025
- Business
- Mint
SEBI pushes transparency bid, simplifies operational process of cash flow disclosure in corporate bond database; details
The Securites and Exchange Board of India (SEBI) has announced simplified operational processes for cash flow disclosure in the corporate bond database, PTI reported on May 18. This was announced in SEBI's latest circular, and comes after the capital markets watchdog reviewed a Request for Quote (RFQ) Platform framework. Aimed at streamlining and simplifying the process of trade execution on the RFQ platform, yield-to-price will now be based on scheduled due dates, without applying any adjustments based on day count conventions. SEBI has made yield-to-price calculation on the RFQ platform easier. Now, only the due dates — and not the actual payment dates — mentioned in the cash flow schedule will be used for these calculations. At present, yields on debt securities are calculated using more complex methods that consider actual payment dates and required day count adjustments. In addition to simplifying yield calculations, the markets regulator has introduced a requirement for mandatory cash flow disclosures in the centralised corporate bond database. This will require issuers to provide a detailed cash flow schedule — covering interest, dividend, or redemption payments — at the time of ISIN activation and after the securities are listed. Further, to maintain transparency and accuracy, this information is to be regularly updated in the database. SEBI has also mandated that any changes to the cash flow schedule must be updated within one working day. SEBI's new regulations will be applicable to to existing ISINs for their remaining maturity, and to all new debt security issues starting August 18, 2025. RFQ, which was launched on BSE and NSE in February 2020, is an electronic platform that enables multi-lateral negotiations to take place on a centralised online trading platform with straight-through processing of clearing and settlement to complete the trade. A wide variety of debt securities are available for trading on the RFQ platform. Key Takeaways SEBI is simplifying cash flow disclosure for corporate bonds to improve trading efficiency. The new rules will apply to existing ISINs and all new debt issues starting August 2025. RFQ platform will facilitate easier multi-lateral negotiations and trade executions.
Economic Times
18-05-2025
- Business
- Economic Times
Sebi simplifies operational process of cash flow disclosure in corp bond database
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Markets regulator Sebi has simplified the operational process and provided clarity on cash flow disclosure in the corporate bond database after a review of the Request for Quote (RFQ) Platform framework. In its latest circular, the regulator has made yield-to-price calculation on the RFQ platform easier. Now, only the due dates -- and not the actual payment dates -- mentioned in the cash flow schedule will be used for these move is aimed at streamlining and simplifying the process of trade execution on the RFQ part of this simplification, yield-to-price will now be based on scheduled due dates, without applying any adjustments based on day count present, yields on debt securities are calculated using more complex methods that consider actual payment dates and required day count addition to simplifying yield calculations, Sebi has introduced a requirement for mandatory cash flow disclosures in the centralised corporate bond this, issuers will need to provide a detailed cash flow schedule -- covering interest, dividend, or redemption payments -- at the time of ISIN activation and after the securities are maintain transparency and accuracy, this information is to be regularly updated in the database. Sebi has also mandated that any changes to the cash flow schedule must be updated within one working new regulations will be applicable to all new debt security issues starting August 18, 2025, and also to existing ISINs for their remaining maturity, the Securities and Exchange Board of India (Sebi) said in its circular on which was launched on BSE and NSE in February 2020, is an electronic platform that enables multi-lateral negotiations to take place on a centralised online trading platform with straight-through processing of clearing and settlement to complete the trade.A wide variety of debt securities are available for trading on the RFQ platform.
Time of India
18-05-2025
- Business
- Time of India
Sebi simplifies operational process of cash flow disclosure in corp bond database
Markets regulator Sebi has simplified the operational process and provided clarity on cash flow disclosure in the corporate bond database after a review of the Request for Quote (RFQ) Platform framework. In its latest circular, the regulator has made yield-to-price calculation on the RFQ platform easier. Now, only the due dates -- and not the actual payment dates -- mentioned in the cash flow schedule will be used for these calculations. This move is aimed at streamlining and simplifying the process of trade execution on the RFQ platform. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like '영양제만 3병… 하루 6알 챙기셨다면? 이젠 4알로 한 번에 끝!' 관절건강 정보 더 알아보기 Undo As part of this simplification, yield-to-price will now be based on scheduled due dates, without applying any adjustments based on day count conventions. Bonds Corner Powered By Sebi simplifies operational process of cash flow disclosure in corp bond database Markets regulator Sebi has simplified the operational process and provided clarity on cash flow disclosure in the corporate bond database after a review of the Request for Quote (RFQ) Platform framework. SP Group raises $ 3.3 billion through bond issue India bonds inch up tracking US Treasuries; debt supply eyed ETMarkets Smart Talk: Ambit prefers bonds over equities in 2025; suggests 75:25 asset allocation RBI's OMOs see strong demand with bids worth Rs 71,194 crore Browse all Bonds News with At present, yields on debt securities are calculated using more complex methods that consider actual payment dates and required day count adjustments. In addition to simplifying yield calculations, Sebi has introduced a requirement for mandatory cash flow disclosures in the centralised corporate bond database. Live Events Under this, issuers will need to provide a detailed cash flow schedule -- covering interest, dividend, or redemption payments -- at the time of ISIN activation and after the securities are listed. To maintain transparency and accuracy, this information is to be regularly updated in the database. Sebi has also mandated that any changes to the cash flow schedule must be updated within one working day. These new regulations will be applicable to all new debt security issues starting August 18, 2025, and also to existing ISINs for their remaining maturity, the Securities and Exchange Board of India (Sebi) said in its circular on Friday. RFQ, which was launched on BSE and NSE in February 2020, is an electronic platform that enables multi-lateral negotiations to take place on a centralised online trading platform with straight-through processing of clearing and settlement to complete the trade. A wide variety of debt securities are available for trading on the RFQ platform.
