According to Vimal Kejriwal of KEC International the order inflow in first three quarters was not significant even though tenders were floated but now clients like Power Grid and utilities are keen to award those tenders.
Talking on the business prospects going forward Vimal Kejriwal, MD & CEO, KEC International said January to March quarter has always been the best. Historically, about 40-45 percent of the company's revenues come from the fourth quarter.
The company has already announced orders worth Rs 2000 crore in Q3 and Q4 and the total order book by March-end would be between Rs 8000-10000 crores. So, the revenues and margins in Q4 and the next fiscal would improve considerably, he adds.
He expects 150-200 basis points improvement in margins for the next fiscal. In the current year the margins were low due to significant losses in the new business of water and railway but now these loss making orders are getting closed, adds Kejriwal.
According to Kejriwal the order inflow in first three quarters was not significant even though tenders were floated but now clients like Power Grid and utilities are keen to award those tenders.
transcript to follow
KEC Intl stock price
On March 27, 2015, at 14:12 hrs KEC International was quoting at Rs 74.65, up Rs 1.10, or 1.50 percent. The 52-week high of the share was Rs 153.00 and the 52-week low was Rs 65.50.
The company's trailing 12-month (TTM) EPS was at Rs 5.57 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 13.4. The latest book value of the company is Rs 40.15 per share. At current value, the price-to-book value of the company is 1.86.
Anda sedang membaca artikel tentang
See FY16 margins higher by 150-200 bps: KEC International
Dengan url
https://kesehatanda.blogspot.com/2015/03/see-fy16-margins-higher-by-150-200-bps.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
See FY16 margins higher by 150-200 bps: KEC International
namun jangan lupa untuk meletakkan link
See FY16 margins higher by 150-200 bps: KEC International
sebagai sumbernya
0 komentar:
Posting Komentar