Letter of awards have been received for Rs 54 crore for a waste water rehabilitation project in Kenya and for Rs 208 crore for a rural electrification project in Bihar, said Technofab Engineering.
Talking to CNBC-TV18 after bagging new orders worth Rs 262 crore, Arun Kochhar, VP-Corporate Affairs, Technofab Engineering said only 10 percent of the new orders received would be realised in FY15 and rest would flow through later.
He also spoke about the outlook for the company going forward. He said the company aims to achieve revenues of around Rs 450-460 crore in FY15.
"Letter of awards have been received for Rs 54 crore for a waste water rehabilitation project in Kenya and for Rs 208 crore for a rural electrification project in Bihar," said the company in its filing.
Kochhar said the debt for the company currently stands at Rs 100 crore.
More to come
Technofab Engg stock price
On December 11, 2014, at 13:57 hrs Technofab Engineering was quoting at Rs 141.00, down Rs 0.45, or 0.32 percent. The 52-week high of the share was Rs 167.00 and the 52-week low was Rs 59.00.
The company's trailing 12-month (TTM) EPS was at Rs 4.61 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 30.59. The latest book value of the company is Rs 199.67 per share. At current value, the price-to-book value of the company is 0.71.
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