Triveni Turbine Q3 Review - Strong Enquiry Pipeline: 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.Triveni Turbine Ltd. reported Q3 FY22 numbers broadly in-line with our estimates led by strong revenue growth in domestic market, while exports were impacted due to travel restriction. Enquiry pipeline continues to grow strong at 23% YoY for domestic market and 68% YoY for export market. Given strong enquiry generation, Triveni Turbine is confident of reporting healthy order inflow for FY23 mainly from sectors like cement, steel, distillery, pharma, pulp and paper, food and beverage etc. While with three large breakthrough order win in 30-100 mega watt segment (from South Korea), we expect this segment to scale up in coming period, given its strong technical expertise. With increasing contribution from export market backed with cost optimisation imitative margins are expected to remain stable at ~21% going ahead..Click on the attachment to read the full report:.DISCLAIMERThis 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 author entity 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.

Triveni Turbine Q3 Review - Strong Enquiry Pipeline: Prabhudas Lilladher

Triveni Turbine Q3 Review - Strong Enquiry Pipeline: Prabhudas Lilladher

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