7.2x Book-to-Bill Signals Multi-Year Revenue Cover, But Conversion Pace and Margin Hold Are the Real Tests

Elevated backlog ratio well above 2.5–4.5x peer norms buys 3–5 years of visibility; near-term call hinges on executable vs. announced orders and whether post-inflation pricing defends H2 FY27 power-segment margins.

ndtv-profit-business · 7/17/2026, 4:48:12 AM · Ask about this →