Published: 07th Jan 2025
By: Value Research
Quadrant Future Tek manufactures specialty cables for the defence and railway sectors. The cables find usage in train control and signaling systems of the Indian Railways' train protection system ‘Kavach’.
TTM is 12 months ending September 2024 EBIT is earnings before interest and tax PAT is profit after tax
ROE is return on equity ROCE is return on capital employed
The company is expected to ride sectoral tailwinds, aided by government-led capex for railway network expansion as it earns a major chunk of its revenue from the Indian Railways.
The lack of long-term contracts and dependence on government tenders is a key weakness. To read the risk factors in detail, head on to our story from the link below: