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.
IDBI Capital Report
We met the management of PSP Projects Ltd. Company has maintained its FY23E guidance on revenue (at Rs 22 billion), Ebitda margin (11-13%) and order inflow (at Rs 22 billion).
After achieving 60% of order inflow target (including Rs 7.5 billion received post June-22), PSP Projects is eying incremental inflow from Nestle India Ltd., Maruti Suzuki India Ltd., central vista and DLF Ltd.
On slow moving order book, Bhiwandi project matter is in court and resolution deadline is extended to September (previously August). Precast is another growth area and on low base, revenue contribution is expected to increase to 20% of revenue in FY24E from 11% in FY23E.
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