Dolat Capital: Kalpataru Power Transmission Establishing A Strong Worldwide Network
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Research
Kalpataru Power Transmission Ltd. has laid out a three-pronged strategy of disciplined bidding to protect margins, improve wheeling charge and liquidate non -core assets. It is targeting becoming debt-free in FY21, mainly from proceeds from selling transmission assets.
Similar to KEC International, it has also diversified with rail and oil and gas as key areas.
In international markets Kalpataru Power established operations in three more countries in SAARC, Africa and Europe. It increased its presence in Europe in FY20, through subsidiary Linjemontage with its ongoing investments towards the refurbishment of existing transmission and distribution (T&D) lines.
For the future, it has identified Latin America as the next market. The company has an order book of approximately Rs 220 billion in SAARC, which is the biggest focus market. Kalpataru Power fortified its leadership position in the railways, oil and gas and T&D segment in Africa and SAARC.
The company expanded operations in oil and gas segment winning largest engineering, procurement and construction order worth approximately Rs 6.2 billion for a gas pipeline.
Click on the attachment to read the full report:
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 brokerage 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.