*With Upside, Trail SL* *Book Profit as per Risk Appetite*
*Snapshot* Estab. in '80, engaged in Manufacturing/Supply of power generating equipment/solutions. Mkt. leader in Steam Turbines upto 30MW (India). Caters to >15 Sectors. Strong Revenue diversification. Product/After Market Sales: 73%/27%. Dom/Exp. Revenue: 54%/46%.
Growing Sales/Profitability on Qtrly/Yrly Basis. Sharp jump in RoA/RoE (Double Digits)/ RoCE down in FY22 vs. FY21.Strong/Growing TNW. Nil Debt. +ve CF from Ops (Growing Sharply). Improving WC Cycle since FY20. Promoter Stake Stable. FII stake Up since Sep'20. DII down since Dec'21. Order Book: D/E=Rs.250 Crs/110 Crs (Q1FY23).
*Concern:* Sales vulnerable to Capex cycle in end-user industries.
*Do Your Own Research as Well. This is Just an Opinion.* Happy Investing :)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.