Triveni Turbine Q4 Review - Decent Quarter; Optimistic Outlook: Yes Securities

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.Triveni Turbine Ltd. reported healthy performance on account of better sales mix and execution ramp up. Ebitda margins expanded ~390 basis points YoY despite commodity pressures owing to operating leverage and ramp up in after market revenues. Order inflows came in at Rs 2.8 billion (up 71% YoY) led by strong growth in domestic markets at Rs 2.1 billion while export order inflows grew by meager 2%. Order book remains strong at ~Rs 9.7 billion (1.1 times trailing twelve months revenue), providing revenue visibility for FY23. Enquiry pipeline remains strong both domestic and exports from sectors such as food processing, cement, sugar, oil and gas, steel, etc. Going forward Triveni Turbine's management expects margins to revert to ~20% levels as most of the contracts have factored in the prevailing commodity inflation maintaining its dominant market share..Click on the attachment to read the full report:.DISCLAIMERThis 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.

Triveni Turbine Q4 Review - Decent Quarter; Optimistic Outlook: Yes Securities

Triveni Turbine Q4 Review - Decent Quarter; Optimistic Outlook: Yes Securities

Choose a plan