2020-21
Company stands with a robust order book of Rs. 2964 Cr as on 30th June 2020.
We are glad to announce that we are setting up a state-of-the-art manufacturing plant of Precast Concrete Building and allied Infrastructure elements near Sanand, Gujarat which will have annual production capacity of the plant is expected to be 3 Million square feet once fully operational, however initially we are setting up plant with production capacity of 1 Million Square Feet as Phase-I. We are targeting that the phase I will be operational by May 2021.
Presently the bid book is about Rs.3000 Crores which majorly includes of new Parliament building of Rs.889 Crores which is early on presently for prequalification only. Welspun Warehouses at Bhiwandi it is about Rs.400 Crores, Brigade Hyderabad it is about Rs.300 Crores, GIDC we have already been declared L1 but still is yet to receive order is Rs.275 Crores, Torrent House in Ahmedabad is about Rs.100 Crores and there is one project of Reliance in Jamnagar which is about Rs. 100 Crores.
Bid Book includes Government University PQ – 800 Cr, Government Plaza Development – 463 Cr, Private Developer Commercial in Bangalore – 250 Cr, Institute Project in Mumbai – 130 Cr, Logistic Park Project – 350 Cr, IT Company – 850 Cr, we are hopeful to see some conversion by end of this quarter.
- Also We still have a very strong live bid book of Rs. 5000+ Cr and few selected inquiries of Rs. 1500 Cr yet to come on table as those projects are at concept/design stage.
- No, there is no such cases, only one payment, which has been prolonged since long is Pandharpur, which was the salability of the flat, they are not able to clear, so that is the only payment, which has been delayed since last two-and-a-half months, otherwise all the following payments are on time. Pandharpur, Pradhan Mantri Awas Yojana because that is based on the salability of member since they have initiated late, the application and the built out process so largely they are having drawn January 26, 2021, it has been delayed to an access, but that was the only project, which has been not fitted on time, because the corporation was not having money as the members who are not on board.
- At the end of FY ’21 Company stands with robust and highest ever order book of 4120.97 crore, I would like to admit here that out of these order book there is a portion of 17% that is about 730 crores. As the work is not progressing due to clearance issues and other hindrances, remaining 83% of the order book is fully mobilized and work has started.
- So presently we are having a bid pipeline of about 3000 crores
- Order inflow I have always said it should be within the range of whatever revenue we are going to expect for the next year plus 20%-25%, so we should expect minimum 2000 crore order book next year.
