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With strong traction in areas like air pollution control, wastewater management, and zero-liquid discharge, the company is expecting its industrial products to perform well in the second half of FY25
The company will have to wait a little for its new initiatives to yield results
Net Sales are expected to increase by 13.9 percent Y-o-Y (down 20.4 percent Q-o-Q) to Rs 2,201 crore, according to Motilal Oswal.
The company continues to see good traction in execution and margins. Also, orders in hand are good
Net Sales are expected to increase by 15 percent Y-o-Y (down 17.7 percent Q-o-Q) to Rs. 1,902.7 crore, according to Nirmal Bang.
High valuations could be a dampener in the near term for Thermax
Net Sales are expected to increase by 19.7 percent Y-o-Y (up 6.3 percent Q-o-Q) to Rs. 1,759 crore, according to Yes Securities.
High valuations could limit stock price returns in the short to medium term
Recent outperformace in Thermax could limit near term upside
Net Sales are expected to increase by 4.9 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs 1,387.7 crore, according to YES Securities.
High valuation and slow growth in earnings could keep Thermax stock under pressure
Net Sales are expected to decrease by 6.9 percent Y-o-Y (up 15 percent Q-o-Q) to Rs. 1,312.2 crore, according to Yash Securities.
Net Sales are expected to increase by 3.2 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 1,473 crore, according to Sharekhan.
Net Sales are expected to increase by 20.4 percent Y-o-Y (up 22.5 percent Q-o-Q) to Rs. 1,430.4 crore, according to ICICI Direct.
Net Sales are expected to increase by 19.5 percent Y-o-Y (down 40.3 percent Q-o-Q) to Rs. 1,237.3 crore, according to Kotak.
Brokerages turned mixed in their opinion after March quarter earnings and expect 3-20 percent potential upside in stock price.
Net Sales are expected to increase by 20 percent Y-o-Y (up 26 percent Q-o-Q) to Rs. 1,572.2 crore, according to ICICI Direct.
Net Sales are expected to increase by 15.1 percent Y-o-Y (up 15.6 percent Q-o-Q) to Rs. 1,660.7 crore, according to Prabhudas Lilladher.
The capital goods companies (excluding L&T) have announced orders worth Rs 14,500 crore for Q4FY19, down 55 percent YoY
Net Sales are expected to increase by 18.6 percent Y-o-Y (down 2.1 percent Q-o-Q) to Rs. 1,162.9 crore, according to ICICI Direct.
On an aggregate basis, 10 companies that we have covered in this study have delivered 20 percent revenue growth as they benefitted from improved execution.
Net Sales are expected to increase by 20 percent Y-o-Y (down 34.7 percent Q-o-Q) to Rs. 855.9 crore, according to ICICI.
While the management alluded to much better visibility in coming years, valuation at 31 times FY20e earnings limits near-term upside.
Net Sales are expected to increase by 18 percent Y-o-Y (up 61.6 percent Q-o-Q) to Rs. 1,584.6 crore, according to Edelweiss.
The company’s overall December quarter performance was uninspiring, but the order inflows give reason for hope.