252.0000 1.20 (0.48%)
NSE Jun 24, 2026 14:26 PM
Volume: 86,852
 

252.00
0.48%
ICICI Securities Limited
Execution continues to remain muted due to elevated debtors SIL has secured | 1,122 crore worth of orders in Q1FY20 and has an order book worth | 15,347 crore as of Q1FY20. The present OB implies 2.7x order book-to-bill ratio on FY19 revenues. Despite this, execution remains slow on account of SIL facing issues related to the old debtor's recovery. As per the management, there was a shortfall in revenues by ~| 2,000 crore in FY19. Pending debtors and client-related issues contributed ~60% to this shortfall. The company has been focusing on improving internal operations and...
Simplex Infra has gained 65.87% in the last 3 Months
More from Simplex Infrastructures Ltd.
Recommended