Kalpataru Power: A Pure Play On Infra Sector Segment, Says Prabhudas Lilladher 
Electricity pylon is seen at the construction site. (Photographer T. Narayan/Bloomberg)

Kalpataru Power: A Pure Play On Infra Sector Segment, Says 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 believe Kalpataru Power Transmission Ltd. is well poised for exponential growth led by -

  1. healthy order inflows given strong visibility both in domestic as well as international markets,
  2. strong order book (Rs 123 billion),
  3. deleveraging backed by asset monetization worth Rs 10 billion-plus,
  4. impressive execution track record with stable margins (10-11%),

5. sharp improvement in operational performance of subsidiaries – JMC Projects India Ltd. (profit after tax of Rs 1.5 billion, up 11%% YoY) and Shubham Logistics Ltd. (profit after tax of Rs 6 million in Q4 FY20) and

6. clarity on reducing pledge by Rs 3-3.5 billion over one year.

Click on the attachment to read the full report:

Prabhudad Lilladher Kalptaru Power Company Update.pdf

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