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Nirmal Bang Report
We expect most companies under our coverage to deliver good growth on the back of execution of a robust order book. We expect topline growth of 19.8% YoY for our coverage universe.
We expect 51 bps YoY Ebitda margin improvement on the back of easing raw material costs and operating leverage benefits.
We continue to remain structurally positive on the sector from near-to medium term perspective on the back of robust capex cycle and healthy order inflows.
We expect Triveni Turbine to deliver strong growth of 25.6% YoY on the back of improved execution post strong order inflows. We expect Power Mech Projects to register strong topline growth of 29.1% YoY, led by strong execution of its robust order book.
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