One Of The Fastest-Growing Engineering, Procurement And
Construction Company (EPC) In Terms Of
3-Year Revenue CAGR As of FISCAL 2023
We are an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways and runways. We are one of the fastest growing engineering, procurement and construction (“EPC”) company in terms of three-year revenue CAGR as of Fiscal 2023, among the companies with a turnover of over ₹ 10,000 million in Fiscal 2023 (Source: CARE Report). We have achieved the highest year-on-year revenue growth of 82.67% in Fiscal 2023 among the peers. We have grown at a CAGR of 37.65% between Fiscals 2020 to 2023 (Source: CARE Report). Over the last two decades, our Company has transitioned from a small construction company to an established EPC player, demonstrating expertise in the design and construction of various road and highway projects including specialised structures across 10 states in India (Source: CARE Report). Our revenue from operations has increased significantly from ₹ 8,732.02 million in Fiscal 2021 to ₹ 20,681.68 million in Fiscal 2023 and to ₹ 20,857.62 million in the nine months ended December 31, 2023. Our principal business operations are broadly divided into EPC projects and hybrid annuity model (“HAM”) projects, which are spread over ten states in India.
EPC & HAM Projects
EPC and HAM projects, the scope of our services typically includes design and engineering of the project, procurement of raw materials, project execution at site with overall project management up to the commissioning of these projects.
Operation & Maintenance Projects
We have in the past and continue to enter into agreements in relation to operation and maintenance (“O&M”). We carry out the maintenance of the projects inter alia lighting, electrical, barrier related work pursuant to the terms of the agreements.