By Anisha Jain February 11, 2020, 10:57:16 AM IST (Published)
Bharat Heavy Electricals (BHEL) is all set to declare its third-quarter results on Tuesday. Here are the key expectations:
The revenue is expected to remain flat with a growth of anywhere between 1 and 2 percent.
The margin is expected to inch up, likely to be close to 5.2 percent.
Profit is likely to go up by around 11 percent.
The operating profit margin expansion should be led by an increase in gross margins as well as lower provisions.
The EBITDA margin strong performance is not likely to sustain as the company had seen a reversal of some provisions last time which is not expected this quarter.
It is expected that order flow will be anywhere between Rs 5,000 and Rs 6,000 crore which compares to around Rs 8,000 crore of last year.
Among the key things to watch out for will be the status of stranded orders as well as the update regarding debtors and receivables because that continues to be a pain point for the company.