'
Rail Vikas Nigam hosted a
conference call on Nov 10, 2023. In the conference call the company was
represented by Pradeep Gaur, CMD; Rajesh Prasad, Director (operational) and
Sanjeeb Kumar, Director (Finance) & CFO.
Key takeaways of the call
Order book is Rs 70000 crore
order book of which railway order book is about Rs 35000 crore. The company had an ambitious target to
achieve the order book of Rs 1,00,000 crores.
Expect marginal growth in topline
(Rs 21000 crore plus) and a bottom-line growth of about 15% for FY24.
The first two projects of Indore
Metro which the company got in the month of September/October 2023, the margin
is more than what it was getting from the nomination basis. Similarly, the margin of the first overseas projects i.e.
Maldives project is higher than the margin it used to get from nomination
basis. So, overall some projects where the margins
would be less but t...
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