As of 30th June 2022, the total order book stands at Rs.42,066 Crore. The break-up is which is as follows:
Railways : Rs.32,700 Crore
Highways : Rs. 7,395 Crore
Others : Rs. 1,971 Crore
Financial Performance:
The Board of Directorsof Ircon International Limited (NSE: IR
Q1FY23 – Consolidated (Rs. Crore)
|
Particulars |
Q1FY23 | Q1FY22 | Growth% |
|
Total Revenue |
2068.44 |
1175.54 |
75.96% |
|
Operating Revenue |
2001.91 |
1142.04 |
75.29% |
|
Core EBITDA |
172.60 |
118.50 |
45.65% |
|
Core EBITDA Margin (%) |
8.62% |
10.38% |
(176 bps) |
|
PAT |
144.57 |
88.99 |
62.46% |
|
EPS (Rs./Share) (FV-Rs.2/Share) |
1.54 |
0.95 |
62.11% |
Q1FY23 – Standalone (Rs. Crore)
|
Particulars |
Q1FY23 | Q1FY22 | Growth% |
|
Total Revenue |
1956.95 |
1103.49 |
77.34% |
|
Operating Revenue |
1897.20 |
1053.10 |
80.15% |
|
Core EBITDA |
108.43 |
72.93 |
48.68% |
|
Core EBITDA Margin (%) |
5.72% |
6.93% |
(121 bps) |
|
PAT |
123.13 |
84.70 |
45.37% |
|
EPS (Rs./Share) (FV-Rs.2/Share) |
1.31 |
0.90 |
45.56% |
Industry Outlook/Way forward:
India is a major market with a growing need for more sophisticated and more sustainable structures. Significant growth in infrastructure is likely, thanks to the policy-driven focus on the sector. The government’s continued impetus on infrastructure development has been beneficial for the whole industry though headwinds arising out of rising cost pressure and inflationary impacts could have some volatilities.
However, the scope for development across the sector is huge, given the substantial number of ongoing and proposed projects. The current scenario, therefore, presents a competitive landscape for the company to buckle up and take the opportunities to grow the business and continue to create value for its stakeholders.
The global Infrastructure sector has grown from strength to strength throughout the disruption and uncertainty in the last year. As we move into 2022 and beyond, it is evident that infrastructure is consistently innovating and developing. Hence, FY23 will be another rewarding but challenging year, and the industry looks to be poised to capture growth opportunities.