SECTOR: CONSTRUCTION & CONTRACTING PNC Infratech PNC Infratech is currently executing 20 expressway, highway and airport runway projects of over Rs.140 billion on the EPC model. It is also implementing seven highway projects on HAM at an aggregate of over Rs.90 billion. The company has a healthy balance sheet with over Rs.21 billion net worth as on March 31, 2019. Yogesh Kumar Jain, Managing Director, PNC Infratech, shares more… One decision you consider the biggest contributor to the company’s growth in FY2018-19: Despite persistent delays in making vacant land available for construction by project proponents, the company was never discouraged and spared no efforts to mobilise resources, including positioning men, machinery and materials with operational readiness to commence execution immediately upon the removal of hindrances without any lead time, and accelerate progress. A positive approach with enduring courage in challenging circumstances has been the biggest contributor to its growth in FY19. A single factor that you avoided, which could otherwise have impacted the company’s top-line and bottom-line: With EPC in the roads and highways sector being the company’s core strength, we avoided venturing into new sectors where we did not find synergy with our expertise. Plans for growth in FY2019-20: With over Rs.120 billion unexecuted order book at the start of FY20, well-progressing physical execution across projects, a large fleet of construction plant and machinery, a workforce of more than 9,000 with proven abilities and excellent financial health, the company is poised to scale new heights in terms of overall growth in FY20, both on a standalone (EPC) and consolidated basis. We expect securing certain new project orders during the reaming period of FY20.