Cash flow management in terms of focus on receivables and debt reduction was a major contributor
WATER & WASTE

Cash flow management in terms of focus on receivables and debt reduction was a major contributor

SECTOR: Construction & Contracting Ramky Infrastructure Ramky Group is a billion-dollar conglomerate with cutting-edge competency in the areas of civil, environmental and waste management infrastructure with special emphasis on PPP projects. To its credit, Ramky...

SECTOR: Construction & Contracting Ramky Infrastructure Ramky Group is a billion-dollar conglomerate with cutting-edge competency in the areas of civil, environmental and waste management infrastructure with special emphasis on PPP projects. To its credit, Ramky Group in India and abroad is handling over 80 PPP projects and is a preferred partner for both the government and private sector. In addition to its presence in 55 locations across India, Ramky Group also has its operations in the Middle East, Southeast Asia, West Africa and Singapore. The company, established in 1994, is headquartered in Hyderabad, Telangana, and has serviced a diverse range of construction and infrastructure projects in sectors as varied as water and wastewater, transportation, irrigation, industrial parks including SEZs, power transmission and distribution, residential, commercial and retail property. A pan-India presence has allowed Ramky Infrastructure to service growing infrastructure needs throughout the country. Ramky Infrastructure is the flagship company of Ramky Group, a group of affiliated companies engaged in a range of construction and infrastructure projects in all major sectors. It operates in two principal business segments: The construction business and the developer business. A majority of development projects are based on PPPs and operated by separate special SPVs promoted by Ramky Infrastructure, JV partners and respective governments. YR Nagaraja, Managing Director, Ramky Infrastructure Ltd, shares more…. Strategies to overcome COVID-19 and other challenges in FY2020-21: Administrative controls and safe work practices to ensure minimal impact on project execution with emphasis on core principles of Ramky Infrastructure, in terms of quality, timely and budgetary deliverance, safety, health and environment compliance, clean and green operations and high standards of governance, have contributed to sustainable growth. Major contributor to growth in FY2020-21: Cash flow management in terms of focus on receivables and debt reduction was a major contributor to the company’s growth in FY2020-2021. Decision avoided/made that helped maintain top-line and bottom-line: A cautious approach towards taking up any new projects and focus on completion of legacy projects have helped the company to maintain top-line and bottom-line. Plans for growth in FY2021-22 and beyond: We are continuously building on the expertise gained in development of industrial parks and leverage on the water and wastewater construction business, roads, and other highly viable verticals (synergistic). PPPs will be the focus model with visibility on returns. Ramky has benefitted from a first-mover advantage in several verticals and our focus will remain on innovating the company’s core strategy going forward.

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