HGINFRA,
Some info from their annual report…
● Consistent rise in revenue/ PAT since last 4 years.
● Maintaining EBIDTA margin of 15-16%, RoCE of near 30%.
● Maintaining Low gearing ratio
● Net fixed asset turnover at 7.7x
● Company aims to secure orderbook of 8-9k cr.
● Railway metros - expected bidding of 15k cr.,
● NHAI expected bid of 1.1 lac cr.
● Company seeks to grow revenue 20-25%, growing top line to 10k Cr. In 3 years time.
● SAP implementation completed. To improve productivity.
● Company aiming to increase it’s non road orderbook from existing 10% to 25% in next 3 years from railways, metro & Water resources.
● Credit rating of the company improved during this FY.
● Average Cost of debt was 8.28%,
● fresh short term debt at 8.7% one of the lowest in peer group…
● Budget 23-24 - Raising capital investment outlay to 10 lac cr. - Almost 3 times of 2019-20 outlay.
● Road construction between 12k to 15k kms. ( 16-21% higher )
● Budget allocation: 2.7 lac cr. ( 24.6% higher )
Infra outlay
In 2020-21 = 4.39 lakh cr.
In 23-24 = over 10 lakh cr.
Indian rail infrastructure:
● To receive investment of 50 lakh Crore by 2030.
● 5243 km track length in '23 vs 2909 km in '22
● 140367 Cr. - Budget for '23
● NRP focuses on increasing railway model share in freight to 45%
Disc: Invested since early 2021.
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