BQ Prime'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 BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
HDFC Securities Retail Research
J Kumar Infraprojects Ltd. is one of the key beneficiaries of increasing government focus on the urban mobility space over the next few years. Its focus on margins and cash flow generation augurs well from a long-term perspective.
Over the years, the company has transformed itself into one of the leading engineering, procurement and construction contractors and has grown its order book and revenue at a healthy rate with good margins.
J Kumar has also increased its geographical footprint, leading to superior scalability and recognition. Given its target of Rs 5,000 crore topline in FY25; the company need to garner more order flows to improve its book-to-bill ratio thereby improving revenue visibility.
Healthy balance sheet coupled with strong execution and moderate working capital requirements, we expect operating cash flow to remain strong.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime 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 BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
