AI-generated · cited to primary sources · not investment advice
Bharat Electron (500049) Aug 2023 Filing Analysis
Does management do what it says?
The Price Negotiation Committee (PNC) is concluded; the order is currently in the Ministry of Defence (MOD) process with an expected timeline of up to six months. (2 in progress, 1 revised, 1 not yet due across 4 tracked commitments)
“Sumit Kishore: Okay. So is it reasonable to expect that this can come over a FY ‘25 time frame. Management: Yes it is reasonable as of now.”
See the full cited Management analysis of Bharat Electron
Where does growth come from?
The order book has grown from INR 60,690 crores at the end of March 2023 to INR 65,356 crores by June 2023, driven by strong Q1 inflows of INR 8,090 crores. (3 accelerating, 2 steady across 5 signals)
“Our order book position is INR65,356 crores... We had an order book of INR60,690 crores as on 31, March”
See the full cited Future Growth analysis of Bharat Electron
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