Anand Rathi: Kalpataru Power Logs In-Line Q2 Results, Guidance Intact
Power Lines Hang From a Transmission Pole. (Photographer: Jeremy Piper/Bloomberg)

Anand Rathi: Kalpataru Power Logs In-Line Q2 Results, Guidance Intact

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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.

Anand Rathi Report

Kalpataru Power Transmission Ltd.’s revenue and margins were in line with expectations.

Its healthy order book and execution ramp-up at various sites helped management stay upbeat and retain 5-10% revenue growth guidance.

Till now, FY21 orders of Rs 32.3 billion were booked in its international transmission and distribution business largely (76% of inflows).

The Rs 123 billion order book is well diversified across various businesses.

Backed by a robust bid pipeline, management maintained its order-inflow guidance of Rs 90-100 billion.

Click on the attachment to read the full report:

Anand Rathi Kalpataru Q2FY21 Result Update.pdf

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