Forwarded message
Wilson Solar: Update
1) As per press release on 9th, SWsolar has paid CP of 300 cr and now, no CP is outstanding. Creditable achievement in these stressed times. Hence *co continues to have A1+ Rating*
2) Has already received back ICD of 1500 cr ( stock had crashed due to some delay) and balance 1000 cr will be done in Q1/Q2
3) Has retired 1340 Cr debt. Now DE is only 1.33
4) Order book 13000 cr
5) Q3 revenue 1000 cr. Mgtmnt has confirmed that despite virus, Q4 will be best quarter of FY20 ( expecting 1800 cr sales with disproportionately higher NP)
Subject to mkt conditions, SWsolar should continue to rise
52 week high 753. Globally Solar EPC companies are valued at 8xEbidta. SWsolar largest in the world available at 2.4xEbidta