Ramky Infra Bags Rs.1,248.95 Orders

May 14, 2012

(RTTNews) – Ramky Infrastructure Ltd. said it had bagged new orders aggregating to Rs.1,248.95 crore across the nation covering the State of Arunachal Pradesh, Bihar, Chandigarh, Gujarat, Karnataka, Madhya Pradesh, Odisha, Tamil Nadu, Tripura and West Bengal and across industrial, irrigation, road and power verticals.

Some of the major projects secured by the company are furnished below.

In Arunachal Pradesh, it has secured orders for Rs.192.01 crore – one for Rs.99.42 crore from HSCC (India) Ltd. for strengthening and up-gradation of General Hospital at Naharlagun and another one for Rs.92.59 crore from the Government of Arunachal Pradesh for 2 laning from Yingkiong to Gobuk in Arunachal Pradesh under Arunachal Pradesh package of SARDP-NE.

In Bihar, it has been awarded a project valued Rs.109.38 crore by NTP Ltd. for SG Area Balance Civil Works Package for Barh STPP State-1 (3×660 MW).

In Gujarat it has secured a project for Rs.98.60 crore from Gujarat Water Supply and Sewerage Board for design, build, operate and construct of Kadana Dam based bulk pipe line scheme for Dahod City.

In Madhya Pradesh, the company has been awarded projects totaling Rs.425.46 crore – one for Rs.131.43 crore from Narmada Valley Development Authority for execution of the Nagod (Satna) Br. Canal and its completed distribution system up to 40 hect. Chak of Bargi Diversion project on turnkey basis, and the second one was for Rs.123.08 crore from Narmada Valley Development Authority for execution of the Rewa Branch Canal and Sanaura Sub Branch Canal, including its complete distribution system up to 40 hect. Chak of Bargi Diversion Project on turnkey basis.

The third one was for Rs.87.18 crore from Madhya Pradesh Road Development Corporation Ltd. for regarding, strengthening, widening, maintaining and operating of Jabalpur-Patna-Shahpura Road on BOT (Toll plus Annuity) basis. The concession period for the project is 15 years including two years construction period.

M.P. Paschim Kshetra Vidyut Vitaran Co. Ltd. placed an order for Rs.83.77 crore for supply of materials, survey, installation, testing and commissioning of 33/11kV substation, augmentation of capacity of power transformer and providing additional power transformer in existing 33/11lkV S/s with extension of 33kV and 11kV Bay along with VCB, laying of single circuit/double circuit 33kV and 11kV lines, augmentation of conductor of existing 33kV and 11kV lines and renovation works of existing 33/11kV S/S, installation of new 63 KVA/100 KVA/200 KVA/315 KVA DTRs at identified location along with associated 11kV line.

(RTTNews) – In West Bengal, it had been awarded a project for Rs.152.69 crore by the Government of West Bengal Irrigation & Waterways Department for reconstruction, remodeling & improvement of embankment in Sundarbans and adjoining areas in the districts of North & South 24-Parganas, West Bengal, damaged by severe cyclone ‘Aila’.

At the BSE, Ramky Infrastructure shares are currently trading at Rs.195..40, up 2.25 percent from the previous close.

Source: http://www.rttnews.com

Written by ITW Editor · Filed Under Ramky Infrastructure Ltd.

New road projects boosts Ramky Infrastructure

December 12, 2011

Ramky Infrastructure surged 7.19% to Rs. 220 at 14:35 IST on BSE after the company said it has secured two road projects aggregating Rs. 2240.65 crore from National Highways Authority of India.

The company made this announcement during trading hours today, 1 December 2011.

Meanwhile, the BSE Sensex was up 355 points, or 2.2% to 16,478.46.

On BSE, 35,995 shares were traded in the counter as against average daily volume of 6,139 shares in the past one quarter.

The stock hit a high of Rs. 226.70 and a low of Rs. 208 so far during the day. The stock had hit a record low of Rs. 200 on 5 October 2011. The stock had hit a 52-week high of Rs. 363.85 on 1 December 2010.

The stock underperformed the market over the past one month till 30 November 2011, falling 14.21% compared with the Sensex’s 9.44% fall. The stock had also underperformed the market in past one quarter, sliding 9.84% as against Sensex’s decline of 3.32%.

The mid-cap infrastructure developer has an equity capital of Rs. 57.20 crore. Face value per share is Rs. 10.

Ramky Infrastructure said the first road project is for six laning of Agra – Etawah bypass section of national highway (NH)-2 covering the stretch between 199.660 Kilometres (KM) to 323 KM under National Highways Development Project (NHDP) Phase V in Uttar Pradesh. The project is to be executed on built-operate-transfer (BOT) (Toll) on design, build, finance operate and transfer (DBFOT) pattern, the company said in a statement. The concession period for the project is 30 years including the construction period of 910 days. The estimated cost of the project as per the client is Rs. 1207 crore, Ramky added.

The second road project involves four laning of Hospet – Chitradurga section of NH-13 covering the stretch between 299 KM to 418.60 KM in Karnataka under NHDP Phase III. The project is to be executed on BOT (Toll) on DBFOT pattern, the company said in a statement. The concession period for the project is 25 years including the construction period of 910 days. The estimated cost of the project as per the client is Rs. 1033.65 crore, Ramky added.

On a consolidated basis, Ramky Infrastructure’s net profit rose 9.5% to Rs. 44.20 crore on 31.6% rise in net sales to Rs. 736.63 crore in Q2 September 2011 over Q2 September 2010.

Ramky Infrastructure is an integrated construction, infrastructure development and management company. Since the commencement of its business in 1994, the company has undertaken a range of construction and infrastructure projects in various sectors such as water and waste water, transportation, irrigation, industrial construction & parks (including special economic zones), power transmission and distribution, and residential, commercial & retail property.

Source: indiainfoline.com

Written by ITW Editor · Filed Under Ramky Infrastructure Ltd.

Ramky Infra Bags Orders Orders Worth Rs.1,006 Cr.

September 12, 2011

(RTTNews) – Ramky Infrastructure Ltd. said it had secured new orders aggregating to Rs.1,006 crore across buildings, industrial, water and waste water, road and power sectors.

Some of the notable projects are given below

Buildings Sector

In Tamil Nadu, the company bagged an order for Rs.207.35 crore from Purvankara Projects Ltd. for residential project PURVA WINDERMERE, Chennai, with a completion period of 21 months.

In Maharashtra, it has been awarded a project for Rs.74.41 crore from River View Properties Pvt. Ltd. for constructing residential township project at Nande-Mahalunge Road, Mahalunge, Pune. The tenure of completion is 2 months.

In Karnataka, the company secured a project for Rs.45.12 crore from National Mantri Dwelling Pvt. Ltd. for main contract works, Mantri Glades-Bengaluru. The tenure of completion is 25 months.

In Haryana, it bagged an order for Rs.31.08 crore from Indiabulls Infra Constructions Ltd. for construction of residential premises.

Industrial Sector

In Madhya Pradesh, the company secured an order for Rs.109.12 crore from Reliance Infrastructure Ltd. for construction of general civil work for coal handling plant at Sasan Ultra Mega Power Project, Sasan, Madhya Pradesh, with a completion period of 20 months.

In Orissa, it has been awarded a project for Rs.59.92 crore from Hindustan Construction Co. Ltd., for general, civil and arch. work for auxiliary buildings, pipe racks, misc. pump houses including CW Pump House and Forebay structure at Lapanga.

In the Gujarat, it had secured a project for Rs.28.83 crore from National Dairy Development Board for civil, structural, water supply, sanitary, internal electrification and street lighting works of 100MTPD dairy whitener powder plant project at Banas Dairy, Palanpur. The completion 18 months.

Water and Waste Water

In Rajasthan, it has secured orders for Rs.219.33 crore for water supply projects in Rajasthan. The completion period is 24 months.

Roads segment

In Madhya Pradesh, the company bagged an order for Rs.91.06 crore from Madhya Pradesh Road Development Corporation Ltd. for strengthening, widening, maintaining and operating of Sehore-Icchawar-Kosmi Road on BOT (Toll + Annuity) basis, with a completion period of 24 months.

In Power segment, the company secured a project for Rs.37.81 crore from M.P. Madhya Kshetra Vidyut Vitaran Co. Ltd., for survey, supply of materials, installation, testing and commissioning of new 33/11kV substations and new 33kv and 11kV lines under are of central Discom Bhopal at Guna, Shivpuri, Sheopur and Hind circle. The completion period is 18 months.

(RTTNews) – At the BSE, Ramky Infrastructure shares are being traded at Rs.231.60, up by 0.46 percent from the previous close.

Source: http://www.rttnews.com

Written by ITW Editor · Filed Under Ramky Infrastructure Ltd.

Ramky Infrastructure sees Rs6,000 cr orders till March

August 23, 2011

Ramky Infrastructure Ltd, a South-based construction and infrastructure development company, is expecting an additional order inflow of about Rs6,000 crore in the rest of the current fiscal.

At present, the company’s order book has been pegged at about Rs12,000 crore in the engineering, procurement and construction arm, in addition to about 16 build-own-transfer (BOT) projects under execution.

In the first quarter ended June 2011, the company recorded fresh order inflows worth about Rs1,600 crore. “There is a strong pipeline of another Rs1,200-1,300 crore. Bids worth about Rs11,000-12,000 crore are yet to be opened. So, we are confident of getting another Rs6,000 crore worth orders during the year,” M Gautham Reddy, executive director of Ramky Group, said.

However, he said, the company was not aggressively looking at piling up the orders. “We are not aggressively pursuing orders. We have a philosophy of making optimum use of men, material and capital. We will follow that. We have not set any target for order-book expansion,” he said.

The current order book is dominated by three sectors with roads & bridges contributing about 35% followed by water and waste water management (22%) and buildings (16%). While the company expects the average earnings before interest, tax, depreciation and amortisation (Ebitda) margins to hover between 11% and 11.5%, what is likely to impact is the interest rate burden.

Currently, the company’s debt carries an interest of about 12%.

“There is a possibility of these rates going further up by 0.50%. But, that’s where the rates are expected to peak out,” he said.
In the BOT segment, Ramky currently has five road projects including four annuity projects and one toll project. “Our exposure to NHAI projects is not much. One of the four annuity projects is a Hyderabad outer ring road project offered by the state government. We have already achieved

COD for the project. The other is a Gwalior bypass of the NHAI. This is yet to achieve the COD. The other two projects in Jammu and Kashmir and Assam have achieved financial closure,” he said.

The only toll project — a state road between Narketpally and Addanki in AP connecting to a Chennai road — is still being developed.

Meanwhile, the company is gearing up to replicate its prestigious integrated industrial park concept in Africa. The company has developed a pharma city near Visakhapatnam to cater to the needs of the pharmaceutical sector.

“A similar concept is now being adopted for a project in Africa. We have been asked to develop a timber SEZ, an industrial park to cater to the needs of timber processing in Africa. It is a $89 million project and the works are expected to commence during September-October this year,”he said.

Source: dnaindia.com

Written by ITW Editor · Filed Under Ramky Infrastructure Ltd.