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Home International Customs

Sunil Hitech targets revenue growth of 15-20% in FY16

byCT Report
28/12/2015
in International Customs, World Business
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WASHINGTON: Sunil Hitech has won an order worth Rs 83 crore for affordable housing in Jharkhand to be executed over 2 years, says C Venkataramana, Director and CEO of the company.

He expects revenues from this project to start coming in three months from now. The company’s orderbook stands at Rs 3,900 crore. Furthermore, Sunil Hitech is targeting revenue growth of 15-20 percent in FY16, he tells CNBC-TV18.

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On December 28, 2015, Sunil Hitech Engineers closed at Rs 282.70, up Rs 4.00, or 1.44 percent. The 52-week high of the share was Rs 352.00 and the 52-week low was Rs 136.25.

The company’s trailing 12-month (TTM) EPS was at Rs 25.09 per share as per the quarter ended September 2015. The stock’s price-to-earnings (P/E) ratio was 11.27. The latest book value of the company is Rs 209.77 per share. At current value, the price-to-book value of the company is 1.35.

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