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
Infrastructure Urban

Canal Water Boost for Mudki

In a significant push for public health and urban development, MLA Rajneesh Dahiya has announced a Rs.280 million canal water supply project for Mudki town in the Ferozepur Rural constituency. The initiative aims to provide clean drinking water to every household within Mudki’s municipal limits. Speaking about the development, Dahiya said the project falls under the Centre’s AMRUT (Atal Mission for Rejuvenation and Urban Transformation) scheme and is being carried out with the support of Punjab Chief Minister Bhagwant Singh Mann and Local Government Minister Dr. Inderbir Nijjar. “This ..

Next Story
Infrastructure Transport

6 Tunnel Boring Machines Idle in Chennai

Six tunnel boring machines (TBMs) deployed by the Chennai Metro Rail Limited (CMRL) are currently lying idle beneath city roads, stuck in limbo due to delayed construction of underground stations at Moolakadai, Perambur, and Mandaveli. The TBMs, launched as part of Corridor 3 of the Phase II Metro project from Madhavaram to SIPCOT, have reached their designated stations but are unable to proceed as the station boxes are incomplete. Without a completed diaphragm wall or station box, the machines cannot break through or be dismantled for reuse. According to CMRL officials, the root of the dela..

Next Story
Infrastructure Transport

Mumbai Metro 3 Nears Launch

The Mumbai Metro Rail Corporation shared a sneak peek of the newly completed Acharya Atre Chowk station on Metro Line 3 (Aqua Line) this Sunday, drawing both praise and impatience from the public. Located on the 9.77 km stretch between Bandra Kurla Complex (BKC) and Worli, the underground station is part of a long-anticipated corridor that promises to ease traffic and boost east-west connectivity. The social media update, posted by the handle @MumbaiMetro3, featured images of the station’s sleek new interiors. But the post quickly sparked a flurry of comments, with several users demanding c..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?