BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Yes Securities Report
GE T&D India Ltd. reported a poor set of numbers, led by weak executional performance owing to pandemic and supply chain issues.
Ebitda slipped into negative owing to elevated commodity prices (impact of Rs 350 million), other items (Rs 200 million impact) and certain non‐recurring expenses.
Order inflows in Q4 FY22 and FY22 declined 10% and 5% YoY, respectively.
As on Q4 FY22 GE T&D India's order book stands at ~Rs 37.2 billion (1.2 times trailing twelve months revenue), providing revenue visibility for one‐two years.
Going forward management expects strong traction with healthy ordering pipeline in renewable and tariff based competitive bidding segments however it would selectively bid for orders with prime focus on profitability.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR