Energy and environment engineering company Thermax's fourth quarter profit is seen falling 22 percent to Rs 103 crore and revenue may slip 10 percent to Rs 1,363 crore compared to year-ago period, according to analysts polled by CNBC-TV18.
The management has been giving bearish commentary, so there is no reason to expect much from quarterly earnings.
Lower revenue may be on account of low order backlog. Order inflows during the quarter may remain muted. Analysts expect order book at Rs 3,509 crore and order inflow of Rs 1,159 crore for the quarter.
Cost containment may help the company to maintain EBITDA margin that may be flattish at 10 percent. Operating profit (earnings before interest, tax, depreciation and amortisation) may decline 13 percent to Rs 137 crore YoY.
Key issues to watch out for:-Order inflows-Execution-Sustainability of margins in energy and environment segments
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