(post deleted by author)
Posts in category All News
DIY Momentum QnA and Discussion (12-07-2024)
(post deleted by author)
Budget 2024: Zerodha’s Nithin Kamath wants govt to add additional exemption in capital gains tax (12-07-2024)
June 4 will go down as ‘Modi Mukti Diwas’: Congress slams government’s Samvidhaan Hatya Diwas move (12-07-2024)
US stocks subdued at open after mixed results from banks (12-07-2024)
Indotech – A turnaround story? (12-07-2024)
Agreed but I doubt that they will be able to repeat even 93 crores in Q1 due to strike which lasted more than a month, it might hamper Q2 revenues as well. But on full year basis I am expecting revenue of 800 crores on conservative basis with margin above 15% due to operating leverage (700 crores of orderbook to be executed by FY25 + 100 crores of new orders to be executed this year itself). The company has capacity of 10000MVA and assuming realisation at 10 Lakh/MVA it has revenue potential of 1000 crores at full utilisation, which also can not be ruled out given the unprecedented demand environment.
Indotech – A turnaround story? (12-07-2024)
Agreed but I doubt that they will be able to repeat even 93 crores in Q1 due to strike which lasted more than a month, it might hamper Q2 revenues as well. But on full year basis I am expecting revenue of 800 crores on conservative basis with margin above 15% due to operating leverage (700 crores of orderbook to be executed by FY25 + 100 crores of new orders to be executed this year itself). The company has capacity of 10000MVA and assuming realisation at 10 Lakh/MVA it has revenue potential of 1000 crores at full utilisation, which also can not be ruled out given the unprecedented demand environment.