BHEL
*BHEL*
C&H Pattern: Weekly Basis
MultiYear Trendline/C&H: Price BreakOut
Vol. Consolidation/Further BuiltUp
*With Upside, Trail SL*
*Book Profit as per Risk Appetite*
*Snapshot*
GOI owned (63.17%), India’s largest Engineering Co. Into Supply of Equipment for power plants. Products include gas turbines, generators, thermal sets, diesel shunters, turbo sets, hydro sets, power transformers, switch gears, circuit breakers / boilers. Also manufactures compressors, valves, rectifiers, pumps, capacitors, oil rigs /castings/ forgings.
In Q2FY23, booked new orders of Rs 14511 Crs. Total O/s orderbook stands at Rs.106,376 Crs for 30th Sep’22.
Net debt was at Rs.5680 Crs.
RoA/ROE/RoCE turned +ve in FY22 vs. -ve in FY21.
C&CE of ~Rs.2400 Crs for FY22 / Low utilisation of FB Bank Lines.
Trade Receivables Down 8% YoY/ 6% QoQ, to Rs.6600 Crs.
FII Stake Up since Dec’21 /DII Stakes Up since Jun’22.
*Concern:*
In Q2FY23, Revenue grew 0.4% YoY to Rs. 4928 Crs. EBITDA was -ve at Rs.244 Crs, PAT at Rs.10 Crs (tax refunds).
High dependence on Power Sector. To mitigate, Co. diversifying.
Slow execution of Projects.
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
C&H Pattern: Weekly Basis
MultiYear Trendline/C&H: Price BreakOut
Vol. Consolidation/Further BuiltUp
*With Upside, Trail SL*
*Book Profit as per Risk Appetite*
*Snapshot*
GOI owned (63.17%), India’s largest Engineering Co. Into Supply of Equipment for power plants. Products include gas turbines, generators, thermal sets, diesel shunters, turbo sets, hydro sets, power transformers, switch gears, circuit breakers / boilers. Also manufactures compressors, valves, rectifiers, pumps, capacitors, oil rigs /castings/ forgings.
In Q2FY23, booked new orders of Rs 14511 Crs. Total O/s orderbook stands at Rs.106,376 Crs for 30th Sep’22.
Net debt was at Rs.5680 Crs.
RoA/ROE/RoCE turned +ve in FY22 vs. -ve in FY21.
C&CE of ~Rs.2400 Crs for FY22 / Low utilisation of FB Bank Lines.
Trade Receivables Down 8% YoY/ 6% QoQ, to Rs.6600 Crs.
FII Stake Up since Dec’21 /DII Stakes Up since Jun’22.
*Concern:*
In Q2FY23, Revenue grew 0.4% YoY to Rs. 4928 Crs. EBITDA was -ve at Rs.244 Crs, PAT at Rs.10 Crs (tax refunds).
High dependence on Power Sector. To mitigate, Co. diversifying.
Slow execution of Projects.
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.