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In an interview to CNBC-TV18, Srinivash Singh, MD of Mcnally Bharat Engineering spoke about the results and his outlook for the company.
Though the overall debt is a concern; it is not out of control since most of it is working capital debt backed by good assets said Prabir Ghosh, wholetime director & group CFO, McNally Bharat.
The company's borrowing has gone up because of payments getting tight in the market. As a result, interest payout too has gone up.
Mcnally expects reasonable revenue growth in FY14. They aim for an orderbook of Rs 3000-4000 crore going ahead.
Emkay Global Financial Services has come with its September quarterly earning estimates for Engineering & Capital Goods (ECG) sector. According to the research firm, subdued performance is expected in Q2FY13E.
Emkay Global Financial Services has come with its June quarterly earning estimates for Engineering & Capital Goods (ECG) sector. According to the research firm, revenue growth would moderate to 11% (YoY) to Rs 276.9 bn.
Deepak Khaitan - Chairman, McNally Bharat Engineering said that the company is targeting to achieve a turnover of about Rs 2,500 crore in FY12. Its consolidated EBITDA margin is expected to grow to 12% this year.
Deepak Khaitan, chairman, McNally Bharat in an interview with CNBC-TV18 spoke about the company's quarterly performance.
Emkay Global Financial Services has come out with its earning estimates on Engineering & Capital Goods sector for the quarter ended March 2011. According to the research firm, McNally Bharat Engineering March quarter sales are expected to go up by 37.8% at Rs 775.1 crore, year-on-year, (YoY) basis.
Deepak Khaitan, chairman of McNally Bharat Engineering Company in an interview with CNBC TV-18's pointed that the company's current order book is at Rs 4,000 crore. It expects to start the new year with an order book of about 4,500 crore.