Q3-FY26 · Anjit Lala
The target that we have set both for the top line and EBITDA margins you know we should be able to achieve it. The CAGR of 25% for next two years and the EBITDA of 20 plus% that also seems to be very much possible.
Kilburn Engineering · tone and specificity signals across the available quarters.
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The target that we have set both for the top line and EBITDA margins you know we should be able to achieve it. The CAGR of 25% for next two years and the EBITDA of 20 plus% that also seems to be very much possible.
So for the benefit of your requirement, I would say that we are well booked. And the expansions that we are talking about, we expect both these expansions to get completed in next 6 to 8 months and all this is being done to get to the level of 800 crores plus.
We have put a benchmark of 23% but for all our discussions I have said 20 plus%. Each order has different margins. It's very difficult to give a projection as to which quarter it can be high or low and that's why we give a narrow range of 22 to 23%.
We are not guiding for 20%, we are saying 20% plus. We have also mentioned we are looking at maintaining our margins which are there today which is the 22-23%.
The leverage has already been achieved and that's why we are stable at 25% EBITDA margin. It's not that from 25% we can jump to 30 or 35%. That will not happen because we are also building the company for the future.
Most of our dealings are with the private sector. We are not facing any payment delays from them. The money will be realized from the customers in the next 3-4 months so we believe that the working capital cycle will again normalize as collections come in.