BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
J Kumar Infraproject Ltd. reported a strong set of numbers with revenues and margins coming in above our and street estimates, led by execution pick up in newly awarded and existing projects.
J Kumar Infra lost revenue of Rs 1-1.2 billion, owing to pandemic and labour availability falling to 50% pre-Covid-19 levels.
However, it has improved to pre-Covid-19 levels from mid-June 2021 with decent execution ramp up.
On the back of sharp execution pickup, strong order book and healthy bid pipeline, management has maintained its revenue guidance of Rs 30-35 billion with Ebitda margins at 14-15% range.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR