There is a wide acceptance that if India has to grow, its infrastructure sector needs to catalyse it. PNC Infratech is poised to capitalise on this urgency of Infrastructure growth through the following realities:
Brand
The Company's brand stands for superior physical delivery within committed time frames.
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Strong alliances
The Company enjoys repeat clients like NHAI, MPRDC, AAI and MES, among others. |
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Diversification and expansion
The Company is growing its infrastructural footprint It extended to power transmission, distribution and waste management in 2008-09 and intends to cover railway civil works. |
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Increasing scale
The Company's average ticket size of projects increased from Rs 30 crore in 2005-06 to Rs 350 crore in 2008-09 and now exceeds Rs 1 ,5OO crore. |
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Qualified and experienced team
The Company's over 1 ,600-member team comprises engineers, operators, accountants and other professionals. |
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Asset rich
The Company increased gross block investments from Rs 30 crore as on March 31, 2005, to Rs 149.69 crore as on March 31,2010. Nearly 98% of deployed equipment was owned by the Company, leading to faster deployment, lower idling and savings in hire charges. |
Future Outlook
Even as we grow, we expect to correct our revenue mix with corresponding implications on margins.
Road construction and development account for 90% of our project mix, airport runways and power transmission and distribution contribute 8% whereas waste management projects constitute 2%. As we go along, the proportion of the latter and other verticals will increase, strengthening our order book, shareholder value and business de-risking.
Regards,
Pradeep Kumar Jain
Chairman and Managing Director