– | Order book is sufficient for revenue generation of next 3-4 years. |
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– | Ircon currently has 11 subsidiaries, including 10 wholly owned subsidiaries, comprising 9 road and highway SPVs. Apart from 11 subsidiary companies, Ircon also has 7 joint venture companies, including 5 whole connectivity companies, which are joint ventures with coal companies. |
– | Revenue Guidance for FY23 is above Rs. 9500-10000 crores as H2 is better than H1. Same type of guidance for FY24. |
– | In H1, focus was more on execution of projects won last year than winning new orders. |
– | Bidding in this year is not very aggressive as markets are volatile & commodity prices are fluctuating. Very conservative in bidding. |
– | INR 1100 crore will still be invested in JVs as equity in this year. |
– | Staying away from station re-development contracts as they are brownfield projects and will require a lot of manpower & are very high risk. |
– | Order book increase of 10-20% every year is what they want to achieve. Margins should remain intact though. |
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