EBITDA margin expanded 60 bps YoY to 11.2% led by lower other expenses. It was largely in line with our estimate of 11.4% PAT grew 2.4% YoY to | 69.9 crore (our estimate: | 72.4 crore) Orderbook strong at | 13249 crore in Q4FY18 SEL has received order inflows worth | 8593 crore in FY18, taking its orderbook to a record | 13249 crore, 3.5x its TTM revenues. On the opportunity front, the company expects NHAI to award works worth ~| 1 lakh crore in FY19E. Bids worth | 18032 crore from NHAI on EPC basis, |...