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8-Feb-17
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Deep Industries Concall Update: Hexaware Technologies Mgt Guideline : Company profitability will
Outstanding order book as on 3QFY17 is Rs.795 Cr. stay flat in calendar year 2017 as the margin growth will be in line with
3 existing contracts have been extended in terms of both time the revenue growth but the company will grow in double digits.
period and value of contract but management has not Company should expect to see growth again in 2017 over 2016. But, it
quantified value of contracts. tends to be lumpy. So, I would not put a quarterly run-rate
Capex of Rs. 26-27 Cr. for new project received from Cairn India Company said that pushing utilisation beyond a level hampers a
.Capex will be done in Q4FY17. company's ability to service customers fast. The utilisation level will be
Management has targeted Debt/Equity ratio below 0.8 brought tad down from it current levels. Company expect a double digit
Net debt as on 31 Dec 2016 is Rs. 250 Cr, and guided for Rs. 240 growth but expect it to be on the lower end of 10-12 percent
Cr till 31 March 2017.
Incremental Revenue guidance for FY18 is ~ 30%.
Capex guidance for FY18 is Rs. 270-280 Cr based on the tenders Cera Sanitaryware hopes to achieve volume growth of 2 percent this
which will be funded by 70% debt and rest by QIP. quarter. While there was a decline of 18 percent in November, some
Capex of Rs.20-25Cr will be done in development of 70 wells in recovery did come by in December. Company enjoys highest margins in
next 2-3 years. Capex is already funded by private equity. sanitaryware business . The company hopes to clock 12 percent revenue
growth in Q4
Concall 3QFY17 update : SONATSOFTW
Focus on IP. Seeing traction there.
Added 15 new clients . Organic growth for the quarter : 3.3% . Brigade Enterprises expects the infrastructure status awarded to
Decline in TTL : Brexit impact, a large travel client is based on UK affordable housing in Budget to pump up sales in the April-June quarter.
& that revenue has thrown out, some shifts from onsite to The reduction in tax benefit limit to Rs 200,000 in interest in the Budget
offshore led to decline in topline. is a big dampener for the sector
H1BVisa Impact : 60 People on H1B. Seeing some impact but is Alkem Laboratories has inked a pact with Singapore's Haw Par
manageable. Top 10 A/C outlook looks good. Healthcare to market and distribute Tiger Balm range of products in
Forex cost and Interest cost has impacted the PAT margin of India. The company has entered into an alliance with Haw Par India, a
International iT services. wholly-owned subsidiary of Singapore's Haw Par Healthcare, to
I.B.I.S is 1.7 mn of revenue. Halosys : 2.5 mn (liscencing + exclusively market and distribute Tiger Balm range of products in the
Services) . Revenue growth will be the lever to improve EBITDA country
Margin of International IT services in FY18.
IP led revenue in 3QFY17 : 25 Cr and in 2QFY17 it was : 23-24
Cr. We have to look for 4%-6% growth on Quarter on Quarter Narnolia Securities Ltd
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