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Yashika Narang

@yashika_narang
3 years ago ~220 views
In Q2FY22, $Triveni Turbine Ltd 's order book was at 3.07Bn$ which is highest since last many years. Management expects this trend to continue in further quarters too.
Asset under discussion
Triveni Turbine Ltd logo
Triveni Turbine Ltd
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Raj

@raj
3 years ago ~30 views
we should do a study of order book vs impact on revenue in future...when I see order book it just gives me weird feeling
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Yashika Narang

@yashika_narang
3 years ago ~10 views
Completely agree @Raj As the capex cycle has started, there are many companies in capital goods sector which have seen the spike in order book especially in last 2 quarters.

If we look at Triveni's historical trend, its revenues have been in line with the order book.

Here are the 2 charts:
1st one representing- Quarterly trend of order book & revenue

2nd one representing- Rolling 4 quarters Revenue/Order book ratio (here the revenue/order book ratio has not been lower than 80% since FY17)

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