Jul 13, 2013, 01.52 PM IST
Sadbhav Engineering which undertakes projects in roads, irrigation and mining has an order book of over Rs 10,000 crore on a consolidated basis. Infra companies like Sadbhav could return to steady growth if hurdles pertaining to environmental clearances are sorted out.
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Sadbhav wins Rs 163.57cr project from Gujarat's SSNNL
Sadbhav Engineering which undertakes projects in roads, irrigation and mining has an order book of over Rs 10,000 crore on a consolidated basis. Infra companies like Sadbhav could return to steady growth if hurdles pertaining to environmental clearances are sorted out.
Like this story, share it with millions of investors on M3
Sadbhav wins Rs 163.57cr project from Gujarat's SSNNL
Sadbhav Engineering which undertakes projects in roads, irrigation and mining has an order book of over Rs 10,000 crore on a consolidated basis. Infra companies like Sadbhav could return to steady growth if hurdles pertaining to environmental clearances are sorted out.
Also, the firm has been recently declared as the successful bidder for undertaking project work of Delhi Metro Rail Corporation for contract value of Rs 64.64 crore.
The company undertakes projects in roads, irrigation and mining. Its order book as on March 31, 2013 stands at over Rs 10,000 crore on a consolidated basis.
Infra companies like Sadbhav could return to steady growth if hurdles pertaining to environmental clearances are sorted out.
Read This: Sadbhav Engineering declared as successful bidder for Delhi Metro Rail order
For Sadbhav, its irrigation and mining business make up over 25 percent of the order book and the segment also contributes higher margins than road related projects.
Sadbhav's road portfolio consists of projects undertaken as a developer in which it has to manage funds, execution and is also entitled to collect toll on completion of the project. The firm also takes up projects on an EPC basis which involves only construction. The diversification is to mitigate risks in times of sluggish environment in any of the verticals.
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