My notes from concall
Q4 is generally strong
Can do 2500-2600 cr revenue at peak utilizations .
Margins may be around 21-22 % can drag a bit post next year due to OEM supply. ( Scale may go up margins make be little low )
Looking at sectors the company caters to they made in sweet spot for next 2-3 years( oil & gas / power / steel / cement / sugar ) all sectors are reporting good nos and spend on infra will only boost the demand for industrials.
Free cash flow in next 2-3 years will be solid. Intersting from next 2 years view.
Order flow need to be tracked. EV / railway can be darkhorse for them ( 2024/2025 ).
More clarity for 2024 post Q1 .
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