Man Industries is expecting to achieve growth of 20-25% in FY23 and 40-50% in FY24

Q1FY23 did not meet internal expectations
HIgher input costs was a major setback in Q1FY23
Whatever company lost in Q1FY23 will be recovered in coming qtrs
Oil and Gas sector is performing well
Current bid book stands at Rs 17k cr
Current order book stands at Rs 1000cr+
Current order book to be executed by Dec 2022
Expect to see health growth in order book going ahead
Water sector is seeing traction in the domestic market
Expect revenue contribution between exports and domestic market to be 50:50 going ahead
Current capacity utilization stands at 60-70%
Expect to increase capacity utilization going ahead
Expect to achieve 20-25% growth in FY23
Expect to achieve 40-50% growth in FY24
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