Capital Goods Earnings Preview - Recovery Visible In Q4: Prabhudas Lilladher 
An employee assembles dead tank circuit breaker brushings on the production line inside Siemens AG switchgear electronic power unit factory in Berlin. (Photographer Krisztian BocsiBloomberg)

Capital Goods Earnings Preview - Recovery Visible In Q4: Prabhudas Lilladher 

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Prabhudas Lilladher Report

With labour availability reaching pre-Covid-19 level and ramp up in utilisation levels led by pick-up in economic activities, we expect Q4 to be strong quarter for our coverage universe.

Revenues are expected to grow by 12.1%/35.9% YoY/QoQ respectively for our coverage universe.

For project companies, given significant ramp up in execution across project sites and timely disbursement of payments, we expect a healthy revenue growth of 11% YoY.

For product companies, we expect 29% YoY revenue growth led by V-shaped recovery in economic activities along with lot of supply side issue being addressed.

Click on the attachment to read the full report:

Prabhudas Lilladher Capital Goods Sector Q4FY21 Results Preview.pdf


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