Order Book Conversion Timeline
Q1 and Q2 are typically weak quarters (30-40% of annual revenue) due to project award and mobilization phases; revenue recognition accelerates in Q3-Q4.
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Dhruv Consultancy Services · forward-looking guidance across the available source record.
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Billing Commencement for New Orders
New orders secured in Q1-Q2 will start generating billing approximately two quarters after order receipt, expected to commence from Q3 FY27.
Wayside Amenities Revenue Start
First wayside amenity project at a site with 50-60% existing construction will commence revenue from February 2027 after fuel pump installation (4-5 months).
International Market Target
Management targets 10-15% of order book from international markets (Africa, Middle East, Southeast Asia, Gulf regions).