BHEL Management Interview: (CNBC TV-18)
- Margin reduction was due to execution of older orders which were at low costs. As and when new orders are executed this problem will start resolving. Order intake for Q2 FY23 is 12000 crores.
- Total order book of Rs. 106376 crores.
- Gross Margins are expected to rise but not on the older levels of around 40%. They will increase but not to the older levels. Will take 2-3 years for margins to substantially increase.
- Coal Gasification is a very major area for the company as well as the country. Plans are in place to implement the same and construction will start soon.
- Targeting revenues of around Rs. 40000 crores by FY27 with double digit margins.
- Have always remained cash positive as receivables are in a good position.
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