Simplex Projects Ltd.

NSE: SIMPLEX | BSE: 532877 | ISIN: INE898F01018 | Industry: Construction & Engineering
|

Kotak Securities
Revenue growth of 5% YoY was in line with estimates and is likely to improve in coming quarters. Margins witnessed a decline on YoY basis but improved significantly from Q4FY18 which was impacted by write offs. Borrowings have declined sequentially after company raised Rs 4 bn via QIP and Rs 500 mn via issue of warrants to promoters. Order inflow stood at Rs 7.4 bn for Q1FY19 with closing order book of Rs 178 bn. Based on healthy traction in order inflows, company expects 40% YoY revenue...
More from Simplex Projects Ltd.
Recommended