FY2018-19 is the remarkable year for the company
ROADS & HIGHWAYS

FY2018-19 is the remarkable year for the company

J Kumar Infraprojects Ltd (JKIL) has a robust order book of Rs 103.72 billion with orders across Maharashtra, Delhi, Rajasthan, Uttar Pradesh and Gujarat. The company posted a turnover of Rs 27.87 billion for FY19 and got new orders of Rs 49.70 billion in FY19, including the Pune Metro; Line 6 of the Mumbai Metro; construction of the emergency medicine, clinical and ward areas in the premises of SGPGI; and construction of the South Delhi Municipal Headquarters. Nalin J Gupta, Managing Director, shares more....

Name one major challenge faced in FY2018-19. How did the company tackle it?
The company clocked 36 per cent YOY growth in our total income and 30 per cent in PAT, despite a challenging year for the construction industry. To ensure timely completion of projects, JKIL owns a large fleet of plants and equipments required for construction. We have been able to maintain margins better than the industry average mainly owing to our large equipment bank, minimal subcontracting, backward integration and cluster approach for maximising equipment utilisation. Over the year, we have made a steady investment in people, equipment, technology and systems, and in strengthening business sustainability.

Name one decision you consider the biggest contributor to the company’s growth in FY2018-19.
The company recorded its highest ever turnover in FY 2018-19. Our approach towards timely completion of ongoing projects and building a robust and healthy order book helped us achieve this. We have successfully completed complex structures with innovative techniques. We kept our focus on acquiring challenging projects that would test our capabilities and competence. 

What was one single factor you avoided that could have otherwise impacted the company’s topline and bottomline?
As a philosophy, we believe there is a right price for everything. We do not take on a project that does not meet our internal benchmarks. This can be detrimental to the client, to the project and, ultimately, to the contractor in the long run. We do not compromise our long-term vision for short-term gains. Moreover, we avoid taking works on BOT/PPP, etc, over EPC jobs to prevent any negative impact on our topline and bottomline.

What are your plans for the company’s growth in FY2019-20? 
We are optimistic about the long-term prospects of our business for a number of reasons. A healthy order book in excess of Rs 100 billion gives the company visibility for the next couple of years. Further, the recently announced Union Budget has laid emphasis on the need for infrastructural development with increased fund allocation towards rural development activities like PradhanMantri Gram SadakYojana, railways, roads and highways, MRTS and metro projects. What’s more, we have expanded our operations in major states like Maharashtra, Delhi, Gujarat, Rajasthan and Uttar Pradesh. We endeavour to broaden our base and presence in a phased manner to the entire nation.

J Kumar Infraprojects
Net Sales EBITDA Reported PAT
FY19 (Rs Billion) 27.87 4.36 1.77
Growth over FY18 (%) 35.91 35.83 29.67

J Kumar Infraprojects Ltd (JKIL) has a robust order book of Rs 103.72 billion with orders across Maharashtra, Delhi, Rajasthan, Uttar Pradesh and Gujarat. The company posted a turnover of Rs 27.87 billion for FY19 and got new orders of Rs 49.70 billion in FY19, including the Pune Metro; Line 6 of the Mumbai Metro; construction of the emergency medicine, clinical and ward areas in the premises of SGPGI; and construction of the South Delhi Municipal Headquarters. Nalin J Gupta, Managing Director, shares more....Name one major challenge faced in FY2018-19. How did the company tackle it?The company clocked 36 per cent YOY growth in our total income and 30 per cent in PAT, despite a challenging year for the construction industry. To ensure timely completion of projects, JKIL owns a large fleet of plants and equipments required for construction. We have been able to maintain margins better than the industry average mainly owing to our large equipment bank, minimal subcontracting, backward integration and cluster approach for maximising equipment utilisation. Over the year, we have made a steady investment in people, equipment, technology and systems, and in strengthening business sustainability.Name one decision you consider the biggest contributor to the company’s growth in FY2018-19.The company recorded its highest ever turnover in FY 2018-19. Our approach towards timely completion of ongoing projects and building a robust and healthy order book helped us achieve this. We have successfully completed complex structures with innovative techniques. We kept our focus on acquiring challenging projects that would test our capabilities and competence. What was one single factor you avoided that could have otherwise impacted the company’s topline and bottomline?As a philosophy, we believe there is a right price for everything. We do not take on a project that does not meet our internal benchmarks. This can be detrimental to the client, to the project and, ultimately, to the contractor in the long run. We do not compromise our long-term vision for short-term gains. Moreover, we avoid taking works on BOT/PPP, etc, over EPC jobs to prevent any negative impact on our topline and bottomline.What are your plans for the company’s growth in FY2019-20? We are optimistic about the long-term prospects of our business for a number of reasons. A healthy order book in excess of Rs 100 billion gives the company visibility for the next couple of years. Further, the recently announced Union Budget has laid emphasis on the need for infrastructural development with increased fund allocation towards rural development activities like PradhanMantri Gram SadakYojana, railways, roads and highways, MRTS and metro projects. What’s more, we have expanded our operations in major states like Maharashtra, Delhi, Gujarat, Rajasthan and Uttar Pradesh. We endeavour to broaden our base and presence in a phased manner to the entire nation. .tg {border-collapse:collapse;border-spacing:0;} .tg td{font-family:Arial, sans-serif;font-size:14px;padding:10px 5px;border-style:solid;border-width:1px;overflow:hidden;word-break:normal;border-color:black;} .tg th{font-family:Arial, sans-serif;font-size:14px;font-weight:normal;padding:10px 5px;border-style:solid;border-width:1px;overflow:hidden;word-break:normal;border-color:black;} .tg .tg-eohl{font-weight:bold;background-color:#ffcb2f;color:#343434;border-color:inherit;text-align:right;vertical-align:top} .tg .tg-v56s{font-weight:bold;background-color:#ffcb2f;color:#343434;border-color:inherit;text-align:left;vertical-align:top} .tg .tg-5agr{color:#343434;border-color:inherit;text-align:left;vertical-align:top} .tg .tg-39dc{color:#343434;border-color:inherit;text-align:right;vertical-align:top} J Kumar Infraprojects Net Sales EBITDA Reported PAT FY19 (Rs Billion) 27.87 4.36 1.77 Growth over FY18 (%) 35.91 35.83 29.67

Next Story
Real Estate

The Only Way is Up!

In 2025, India’s real-estate market will be driven by a confluence of economic, demographic and policy-driven factors. Among these, Boman Irani, President, CREDAI National, counts rapid urbanisation, the rise of the middle class, policy reforms like RERA and GST rationalisation, and the Government’s decision to allow 100 per cent FDI in construction development projects (including townships, housing, built-up infrastructure, and real-estate broking services).In the top metros, especially Bengaluru, followed by Hyderabad and Pune, the key drivers will continue to be job creation a..

Next Story
Building Material

Organisations valuing gender diversity achieve higher profitability

The building materials industry is projected to grow by 8-12 per cent over the next five years. How is Aparna Enterprises positioning itself to leverage this momentum and solidify its market presence?The Indian construction and building materials industry is projected to witness significant expansion, with estimates suggesting an 8-12 per cent compound annual growth rate (CAGR) over the next five years. This growth is fuelled by rapid urbanisation, increased infrastructure investments and sustainability-focused policies. With India's real-estate market expected to reach $ 1 trillion by 2030, t..

Next Story
Real Estate

Dealing with Delays

Delays have beleaguered many a construction project in India, hampering the country from building to its ability and potential, and leading to additional costs incurred by the contractor. The reasons for delayIn India, delays mainly occur owing to obtaining statutory approvals, non-provisioning of right of way, utility diversion and approval of drawings and design. Delays are broadly classified based on responsibility and effect. Excusable delays arise from factors beyond the contractor’s control, such as force majeure events or employer-induced delays. These delays generally entitle th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?