ICICI Securities Limited
Revenue, EBITDA to grow 40.6%, 85%, respectively Overall, the coverage universe revenue is expected to grow 40.6% YoY owing to reasonable execution amid low base at engineering and T&D; companies like L&T;, KEC, KPTL, BEL and Cochin Shipyard. The international business is likely to aid performance of companies like L&T;, KEC, AIA, Elgi, etc. We expect EBITDA to grow 85% YoY owing to operating leverage in product companies and reasonable execution by EPC companies amid low base factoring in pandemic impact and higher commodity prices....
Prabhudas Lilladhar released a Sector Update report for Capital Goods on 09 Jul, 2025.
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