Financial
As of December 31, 2024, the company’s order book was its fiscal year 24’s revenue of 20,529 crore. The flow of year-to-date order is Rs 4,991 crore. This strong order book guarantees income visibility for the next 3-4 years. Axis Securities CAGR projects 17% of the financial year 24-FY26E. The company has a strong bid pipeline of Rs 40,000-47,000 crore. These include an elevated corridor of Rs. The tender pipeline remains strong, and the company aims to consume large orders in the financial year 26 in the range of Rs 8,000-10,000 crore. The company expects EBITDA margins to improve in FY26, which is more than 15%, which is supported by efficient project execution and strong executable order book.
Investment
Which Kumar is the leading EPC contractor, who is supported by a strong order book, strong execution capacity and healthy balance sheet. Company Fiscal Year 24? The income of 17%/19%/22%on FY26E/EBITDA/AAPAT is in good condition for delivering CAGR, underpin by its diverse order backlog, compatible bidding activity, solid order flow and extended construction opportunities. Stock is currently trading on 10x/9x its FY26E/FY27E earnings? An attractive valuation compared to its strong fundamentals. The latest correction in stock prices offers a favorable entry point. We get our by -rating Rs. Repeat with a target price of 722/share, which indicates 10% Side Light from the current levels.
Promoter/FII Holdings
The promoters had stake in.6 46..65 per cent in the company by 31 -MR -2015, while FIIs were 11.95 per cent, DIIS 15.5 per cent.
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