Punj Lloyd - India's Most Admired Companies 2013

We continue to expand our footprints in other markets. Given the volatile economy, our efforts will be more on reducing our cost of debt and improving cash flows.- PK Gupta, Director Punj Lloyd is among the few firms that believe in punching through the weight of gloom both in the domestic and global economy. With operations spread across the Middle East, Africa, the Caspian, Asia Pacific and South Asia, the diversified EPC major with a huge presence in the oil & gas, process, civil infrastructure, and thermal power sectors is betting big on its large scale operation, proven capabilities across geographies and verticals to deliver improved financial and operating performance going forward. And with an order book position touching approx Rs 24,000 crore ($4 billion), and a turnover of approx Rs 15,000 crore ($2.6 billion), the Gurgaon headquartered firm has much to cheer about. Its large fleet of sophisticated construction equipment, including horizontal directional drilling rigs and pipe-laying barges coupled with its workshop and equipment maintenance yards in India, Indonesia, Abu Dhabi and Kazakhstan has given Punj Lloyd an extra edge which very few of its competitors possess. Explaining the reason for the company's success across various geographies, PK Gupta, Director, is led to say, 'We have always pursued opportunities. He further elaborates on the company's growth, strategies, differentiating factors, USP, HR initiatives etc. On innovations: For the company's large scale of operations, innovation is invariably the key to its successful business. One of Punj Lloyd's investments in technology has been the incorporation of PL Engineering (PLE), the engineering arm of the group, offering cost competitive engineering capabilities in multiple sectors across the globe. Additionally, we are also deploying smart and efficient technology and systems like e-sourcing in procurement of goods and services, cloud computing, Wi-Fi and broadband. Vision statement: To be 'the' company for our clients in global markets, for all our business, driven by entrepreneurial spirit, cutting edge technology and execution excellence. Year of establishment: 1988 Top management: Atul Punj, Chairman; Luv Chhabra, Director (Corporate Affairs); PK Gupta, Director; Naresh Kumar Trehan, Independent Director; Sanjay Bhatnagar, Independent Director; Phiroz Vandrevala, Independent Director; Ekaterina Sharashidze, Independent Director; MM Nambiar, Additional Director No. of employees: 21,757 Centres of operation: Australia, Bahrain, China, Colombia, Hong Kong, India, Indonesia, Kazakhstan, Kenya, Libya, Malaysia, Myanmar, Oman, Qatar, Saudi Arabia, Singapore, Thailand, Turkmenistan, UAE, UK, Yemen Turnover: Approx Rs 15,000 crore ($2.06 billion) Current order book: Approx Rs 24,000 crore ($4 billion) Biggest project undertaken: Polysilicon Facility, Qatar Range of projects handled: Energy: oil and gas, polymers and petrochemicals, process, power, renewables; Infrastructure: utilities, buildings, infrastructure, telecom; Defence: land systems, aviation, electronics Landmark projects: 500 MW Chabbra Thermal Power Plant; Hyderabad Vijayawada Highway Project; Dabhol-Bangalore Pipeline; Propane/Butane/LPG Import-Export terminal, Ennore