Fastest Growing Construction Companies: Supreme Infrastructure India

October 2012
Fastest Growing Construction Companies

Reigning supreme as the fastest growing construction company in the medium category, Supreme Infrastructure has spread its base all over India. The nine group companies of this relatively recent public company, have helped to register a growth of 64 per cent owing to a robust sales turnover of over Rs 1500 crore.

An infrastructure company noted for its presence in roads, bridges, power, water, railways and civil construction, Supreme Infrastructure India, has made considerable progress since its incorporation in 1983. The company went public by launching an initial public offering in 2007.

In July 2012, the company's order book stood at Rs 5,800 crore of which, its unexecuted order book was Rs 3,900 crore. Its businesses are operated through its group companies, namely, Supreme Housing and Hospitality, Supreme Suyog Funicular Ropeways, Supreme RMC and Aggregate, Supreme Infra Projects, Supreme Infrastructure BOT, Saint Developers, Supreme Innovative Building Projects, Supreme Manor Wada Bhiwandi Infrastructure and HGCL-Niraj-Supreme Infrastructure.

The firm's clientele ranges from central gov¡ernment agencies, state government agencies, municipal corporations to corporate houses. The company also operates wet mix plants for captive consumption, an RMC plant for captive consumption as well as for sale, an asphalt plant to the requirement of projects under execution, and a crushing plant for crushing the stones or boulders into aggregates of various types for use in construction activities.

The firm has a regional office in Kolkata, West Bengal to monitor projects taken up in the North East. In March 2012, the company secured orders worth Rs 344.2 crore for infrastructure projects across Orissa, Delhi and Maharashtra. This includes a Rs 274.49 crore contract for road, construction of reservoir and rehabilitation and resettlement colony in Orissa. In North India, the company has secured a contract for construction of 4,560 EWS houses in Delhi worth Rs 173.29 crore. The company's standalone sales turnover rose an impressive 64 per cent to Rs 1,505.91 in 2011-12 from Rs 917.85 crore in the previous year. Its net profit rose to Rs 92.62 crore from Rs 75.95 crore in 2010-11.

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