One can never time a stock. If the order book and cap ex is high, it is only allowing for more visibility of future revenues. Execution has never been a concern. Cash flows will always be a concern for growing co. Such constrains are temporary, and hence in the medium term, that too settles down. The cushion in this tread is relative valuations. One positive news, and you will see the stock move 30-50%.
This year they have a Capex in Solar Panels and EV motors. Their current motors capacity at peak can give them 3000 cr sales. So some Capex for debottlenecking is on. Payments from Maharashtra govt form a big chunk of their receivables. FY 25 and 26 will be a year of consolidation for Shakti Pumps.
One can never time a stock. If the order book and cap ex is high, it is only allowing for more visibility of future revenues. Execution has never been a concern. Cash flows will always be a concern for growing co. Such constrains are temporary, and hence in the medium term, that too settles down. The cushion in this tread is relative valuations. One positive news, and you will see the stock move 30-50%.
This year they have a Capex in Solar Panels and EV motors. Their current motors capacity at peak can give them 3000 cr sales. So some Capex for debottlenecking is on. Payments from Maharashtra govt form a big chunk of their receivables. FY 25 and 26 will be a year of consolidation for Shakti Pumps.