MESSAGES

Konstelec Engineers with an order book dated on the listing day standing at 560 cr with a current Market cap of 335 cr and FY 23 sales standing at 150 crs states that there is a great scope for increase in revenue and rooms for EPS Growth and PE Expansion Moreover the company is looking forward to expand in the Nigeria and MENA Geography that implies better margin for sales and positively affecting profits The family business is currently in its 3rd generation this explains to the immense dealer supplier and customer network and fabulous goodwill that has been laid down by the promoters The cherry on the cake is the Issue Proceeds will be completely used in meeting the Working Capital Requirements Which means there is no PPE Property Plant and Equipment this translates that the capital utilized will soon put positive signs on the P and L and cash flow statements IMMENSE RETURNS UNDERWAY