{"id":337231,"date":"2020-02-13T11:06:45","date_gmt":"2020-02-13T05:36:45","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=337231"},"modified":"2020-02-13T11:26:53","modified_gmt":"2020-02-13T05:56:53","slug":"kalpataru-power-transmission-buy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/kalpataru-power-transmission-buy\/","title":{"rendered":"Kalpataru Power Transmission (Buy)"},"content":{"rendered":"<p>Key takeaways: a) The (standalone) order book was \u20b914,900 crore (up 5 per cent y-o-y). Domestic T&amp;D plunged 30 per cent, whereas growth in overseas T&amp;D (up 22.4 per cent y-o-y) and infrastructure was strong. The company is now L1 for orders of \u20b91,500 crore, mainly overseas T&amp;D. Because of its 15-16 per cent market share, it expects significant inflows from the recently tendered out T&amp;D orders of \u20b98,000-9,000 crore. It has retained its FY20 order-inflow guidance (about \u20b990,000-1,00,000 crore). Management maintained FY20 revenue growth guidance of 18-20 per cent. We expect revenue to clock a 14 per cent CAGR over FY19-22. <\/p>\n<p>b) Despite its operating leverage, the company expects to sustain margins at FY19 levels due to higher execution in the low-profitable business (railways and pipelines).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways: a) The (standalone) order book was \u20b914,900 crore (up 5 per cent y-o-y). Domestic T&amp;D plunged 30 per cent, whereas growth in overseas T&amp;D (up 22.4 per cent y-o-y) and infrastructure was strong. The company is now L1 for orders of \u20b91,500 crore, mainly overseas T&amp;D. Because of its 15-16 per cent market share, it expects significant inflows from the recently tendered out T&amp;D orders of \u20b98,000-9,000 crore. It has retained its FY20 order-inflow guidance (about \u20b990,000-1,00,000 crore). Management maintained FY20 revenue growth guidance of 18-20 per cent. We expect revenue to clock a 14 per cent CAGR [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-337231","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337231","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=337231"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/337231\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=337231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=337231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=337231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}