Areva T&D (BOM:522275)

QUOTE AND NEWS
The Hindu Business Line  Mar 12  Comment 
Shares of Areva T&D India will be excluded from the FTSE IDFC India Infrastructure 30 Index making way for Apollo Hospitals effective from March 18, global index provider FTSE has said....
The Hindu Business Line  Feb 7  Comment 
Areva T&D India Ltd has changed its name to Alstom T&D India Ltd with effect from January 31, 2012 following the global acquisition of the Areva T&D's transmission business by Alstom i...
The Hindu Business Line  Feb 7  Comment 
Master And Student | All about Stock Markets  Dec 19  Comment 
Post the acquisition of Areva T&D by a consortium of Alstom and Schenider Electric, the operations of Areva T&D india have been bifurcated into transmission business (to be retained by Alstom group) and distribution business (to be transferred to...
The Hindu Business Line  Dec 5  Comment 
Areva T&D India Ltd's board of directors on December 2, in terms of the Scheme of Arrangement for Demerger, fixed December 15 as the record date for receiving for every one fully...
The Hindu Business Line  Nov 14  Comment 
Areva T&D, a part of Alstom Grid, has bagged a Rs 200-crore contract from state-owned Power Grid Corporation of India Ltd for setting up a transmission network at Bareilly in Uttar Pradesh.
The Hindu Business Line  Oct 24  Comment 
Areva T&D India Ltd on Monday said its transmission business, now a part of Alstom Grid, has bagged a Rs 400-crore contract from Rajasthan Rajya Vidyut Prasaran Nigam Ltd to design and build a...
The Hindu Business Line  Oct 24  Comment 
The Hindu Business Line  Oct 17  Comment 
Areva T&D India's transmission business, which is now part of Alstom Grid, has been awarded a contract by Bharat Heavy Electricals Limited (BHEL) for a substation package. The contract, worth...
The Hindu Business Line  Sep 27  Comment 
Areva T&D India Ltd's transmission business, which is now part of Alstom Grid, has secured a contract from Reliance Power for turnkey design and construction of 220-kV substa...
The Hindu Business Line  Sep 27  Comment 
Areva T&D India Ltd’s transmission business, which is now part of Alstom Grid, has secured a Rs 40-crore contract from Reliance Power. The company will design and construct a 220 kV...
The Hindu Business Line  Sep 20  Comment 
Areva T&D India Ltd's transmission business, which is now a part of Alstom Grid, has bagged a contract worth approximately Rs 220 crore from Bhopal Dhule Transmission Co Ltd. The contra...




RELATED WIKI ARTICLES

Related Articles

 

With the worldwide acquisition of Alstom's T&D (transmission and distribution) business by Areva (French nuclear major), the name of the company was changed to Areva T&D (ATD) in September 2005. Along with Siemens Limited and ABB, ATD is among the top three T&D (transmission and distribution) players in India. The company's product portfolio includes switchgears, transformers and reactors, motors and energy meters.

During 1HCY09, ATD recorded a 45% YoY growth in revenues on account of its successful performance in utilities and industrial areas. Though its operating margins did not fare as well, with the same falling from 17.8% in 1HCY08 to 13.2% in 1HCY09 due to severe pricing pressure. On the back of the contraction in operating margins, substantially higher interest expenses and higher depreciation charges on the back of commissioning of its new factories, ATD’s net profits recorded a fall of 15% YoY during 1HCY09.

At the end of June 2009, the company’s order backlog stood at Rs 42 bn (1.6 times its CY08 net sales). ATD managed to maintain its leadership in the extra high voltage segment of the transmission and distribution (T&D) business by winning 4 major orders from Power Grid Corporation for delivery of 765 kV substations. The company’s dull performance during the recent period due mainly due to the fact that pricing too took a beating. The company has seen about a 15% to 20% fall in pricing in its transmission segment since the start of 2009. The distribution segment has seen an even more severe decline with prices falling by about 25% to 30% in this segment. One of the main reasons for this fall in prices was a certain amount of panic amongst competitors in the face of the slowdown and recessionary prices, which lead to an erosion in pricing. Going forward, the company is looking towards aggressive expansion in the extra high voltage domain.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki