Management Guided for total consolidated revenues of Rs. 450-500Cr by FY-25 with 18-20% Margins easily achievable.
Also, the company will close this year with consolidated orderbook of Rs.310-320Cr and expects orders worth 150-200Cr to flow in first four months of FY 25.
Also, the management was bullish on ME Energy which can give better revenues as post consolidation Balancesheet Strength would increase which could help ME Energy bid for high value orders going forward.
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Management also mentioned that post 2-3 years, ME Energy will enter into waste heat recovery systems for Cement industry wherein single order size is around 250Cr+ which could again give a boost to its revenues forward.
Hence, ME Energy can play on strong balancesheet of the group and get big orders in future.
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Hi,
Can any one help me to understand this announcement of company.
bc39fb90-b54b-406f-a24d-70b7268b5ab7.pdf (382.6 KB)
Its just conversion of warrants allotted earlier and not fresh buying.
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