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BEML Performance Update and Outlook by Pradeep Raghunathan is a document available to read on EtoBox.

- BEML management is confident that revenue will recover in the second half of FY15 due to an expected recovery in orders from the mining segment. Operating margins are expected to improve due to growth in higher margin spare parts and services, and a reduction in losses from the defence segment. - Inventory liquidation is expected to lower short-term debt and improve profitability. A healthy order backlog provides visibility, and new orders from Coal India and in defence are expected. - The analysts main

Author
Pradeep Raghunathan
Language
EN