| – | Margins are lower in consultancy business. Higher revenue share from turnkey business. EBITDA margins contracted overall. |
|---|---|
| – | Management expects margins to normalize. Consultancy revenue is expected to increase along with order inflow where a segment profit of 25% is expected which is currently 20%. |
| – | They will benefit from opportunities like Coal Gasification, Green Hydrogen backed by strong order pipeline from hydrocarbon industry. |
| – | Orders worth 1275 crores are in the finalization stage and orders should be received in Q4 FY23. Company has maintained its guidance of order intake of 4000 crores. |
| – | Company is currently working on feasibility projects across multiple hydrocarbon fuels, pipeline and renewable fuels and biofuels. As the capex cycle picks up across industries, they will benefit. Need to keep a check on order intake outlook and balance sheet which is necessary to be kept cash rich. |
| Subscribe To Our Free Newsletter |
