The company aims to repay its fixed term debt in the next two to two and half years. The current term debt is around Rs 200 crore, says Anil Gupta, CMD of KEI Industries.
According to Anil Gupta, CMD of KEI Industries the company expects 20-25% topline growth for FY15 and aims to better that in FY16.
The company also aims to repay its fixed term debt in the next two to two and half years. The current term debt is around Rs 200 crore, says Gupta
The order book for the company currently stands at Rs 1700 crore. Gupta expects another Rs 200-300 crore orders from the turnkey projects.
The company wants to improve its market share by two percent from the current 10-11 percent in the organised sector in the coming 1-2 years.
Talking about the outlook for the company, Gupta says there would be substantial order book growth from the increased underground transmission lines by both state utilities and public sector utilities. He also sees substantial growth in revenues from the metro projects and some of the power projects that were stuck earlier due to non availability of coal, gas.
KEI Industries is the leading player in the wires and cables industry. It manufactures high and low tension cables (EHV, HT & LT), control and instrumentation cables, house wires and stainless steel wires. Its unique product range is known pan India and across the globe.
transcript to follow
KEI Industries stock price
On December 23, 2014, at 14:12 hrs KEI Industries was quoting at Rs 43.50, down Rs 0.3, or 0.68 percent. The 52-week high of the share was Rs 50.25 and the 52-week low was Rs 9.00.
The company's trailing 12-month (TTM) EPS was at Rs 2.84 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 15.32. The latest book value of the company is Rs 34.87 per share. At current value, the price-to-book value of the company is 1.25.
Anda sedang membaca artikel tentang
KEI Ind eyes 20-25% growth for FY15; plans to repay debt
Dengan url
https://kesehatanda.blogspot.com/2014/12/kei-ind-eyes-20-25-growth-for-fy15.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
KEI Ind eyes 20-25% growth for FY15; plans to repay debt
namun jangan lupa untuk meletakkan link
KEI Ind eyes 20-25% growth for FY15; plans to repay debt
sebagai sumbernya
0 komentar:
Posting Komentar