Technology
Business
Finance
Infrastructure
Financial Performance
Business Growth
Digital Transformation
H.G. Infra Engineering Ltd. conducted their Q1 FY23 conference call on 3rd August 2022
Here are the key highlights 👇🏻👇🏻👇🏻
Here are the key highlights 👇🏻👇🏻👇🏻
• Overview:
- Revenue in Q1 FY23 was at all time highest in any quarter
- New orders gives co. strong visibility of revenues for next 2-3 years
- Ongoing bid pipeline is very strong for co. A lot many bids are now being confirmed and reflected in August or September
- Revenue in Q1 FY23 was at all time highest in any quarter
- New orders gives co. strong visibility of revenues for next 2-3 years
- Ongoing bid pipeline is very strong for co. A lot many bids are now being confirmed and reflected in August or September
• Sector outlook and opportunities:
- Co. is positive on sector outlook and opportunities with numerous initiatives increasing the budget allocation for infrastructure spending etc
- Co. investing heavily on digital initiatives to make their system more robust
- Co. is positive on sector outlook and opportunities with numerous initiatives increasing the budget allocation for infrastructure spending etc
- Co. investing heavily on digital initiatives to make their system more robust
⁃ Co. aims to achieve Rs 5,000cr revenue and maintain 15.5% to 16% EBITDA margin for FY23
- Co. goal is to achieve Rs. 9,000 to Rs. 10,000cr order inflow in FY23
- Co. goal is to achieve Rs. 9,000 to Rs. 10,000cr order inflow in FY23
• Project updates:
- Financial closure of Raipur-Vishalhapatnam OD-6 and received appointment of Raipur-Vishakhapatnam OD-5&6
- Financial closure of Raipur-Vishalhapatnam OD-6 and received appointment of Raipur-Vishakhapatnam OD-5&6
⁃ EPC projects - most of the EOC projects are at completion stage. Neelmangala-Tumkur project post signing of the agreement with appointment date expected by end of August
- HAM project - Most of the HAM projects projecting well as per the scheduled timeline
- HAM project - Most of the HAM projects projecting well as per the scheduled timeline
• Financials:
- Co. expects margins to go back on track to 15% plus in Q3 and Q4 onwards with relief in commodity prices
- Capex of around Rs 45cr added to the total gross block
- Co. expects margins to go back on track to 15% plus in Q3 and Q4 onwards with relief in commodity prices
- Capex of around Rs 45cr added to the total gross block
⁃ Interim increase in debt due to working capital borrowings but it is going to cool down and come back to same range within this July, once co. receives most of the payments from debtors
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