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