Capital Goods Conference Review - Tender Pipeline Looks Promising: Prabhudas Lilladher 
Employees operate a splitting and cutting machine in a razor blade strip shop at a factory in Hisar, Haryana, India. (Photographer Udit Kulshrestha/Bloomberg)

Capital Goods Conference Review - Tender Pipeline Looks Promising: Prabhudas Lilladher 

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

We hosted eight capital good companies for PL Capital Goods Day in order to gain insights on bid pipeline, upcoming sectoral opportunities, various government initiatives and payment cycle and working capital intensity of various players.

Overall commentary seemed positive as -

1. enquiry levels for most companies remained strong with conversions are expected to rise in Q4,

2. international markets mainly Middle East/Africa/SAARC witnessed healthy pipeline of enquiries,

3. companies received payments on time from both clients as well as govt. authorities and

4. corporate focus remained on improving profitability, reducing working capital cycle and getting positive cash flow from operations.

Click on the attachment to read the full report:

Prabhudas Lilladher CapitalGoods Sector Update.pdf


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