Techno electric concall – strong outlook
● Total unexecuted Orderbook : 4361 Cr
Received this quater- About 850 Cr.
● L1 in order worth 2700 Cr – including About 2000 Cr in AMI ( Smart meter ) – from Jharkhand, Tripura , J&K
● Bid of 5000 Cr yet to open- company expects further 2000 Cr from it
● Guidance:
FY24 topline – 1600-1800 Cr
FY25 – 2500 Cr
● Data centre
~ Got a land allotment in Kolkata for data centre
~ Invested 220 Cr. on chennai data centre so far. – Capex of 330 Cr. to be done by next 4-5 months ) by FY24.
~ Revenue to start flowing in from next FY
Total Capex in chennai phase 1- 1200 Cr – to be done by FY25.
● Cash on books: 1500 Cr. – to be used for growth, such as data centre assets , Smart meters etc.
~ 1000 Cr. Investment in Smart meter projects
~ To be large dividend paying company going forward as well.
~ Receivables pending from windpower: 125 Cr. From tamilnadu goverment
Disc: Invested since last year, as mentioned earlier, biased views.
I am not a SEBI registered analyst. Do your research well before any buy/ sell.
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