Our current year order book target and fresh inflows is around Rs 9,000-10,000 crore and we believe 40% of it should, minimum, come from the international business, said Manish Mohnot, Managing Director, Kalpataru Power Transmission.

Mohnot said the company continue with a revenue guidance of 15-20% for FY19, as it’s just the beginning of the year.

He said, "We have some challenges coming out in terms of new accounting norms of Indian Accounting Standards (Ind AS) 115, which will get implemented from the current year."

"Given all of that, we believe 15-20% guidance is what we will achieve and we will continue to target our earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin in the range of 11% maybe slightly more than 11% and not lower than 11%,” he added.

Talking about revenue, Mohnot said, "We believe our revenue would grow much higher in railways and pipeline and not as much on transmission.”

“We expect transmission revenue to grow at the range of 10-15% and railways and pipeline to grow at the range of 15-25%, if not higher than that,” he further added.

Kalpataru Power Transmission continue to look at a strategic investor for its subsidiary, Shree Shubham Logistics. We do not have anything concrete as of today, Mohnot said.

Engineering firm Kalpataru Power Transmission has posted a good set of numbers. The company has also achieved its FY18 revenue growth guidance of 15%.

First Published:May 28, 2018 12:22 PM IST