FY2018-19 is the remarkable year for the company
ROADS & HIGHWAYS

FY2018-19 is the remarkable year for the company

J Kumar Infraprojects Ltd (JKIL) has a robust order book of Rs 103.72 billion with orders across Maharashtra, Delhi, Rajasthan, Uttar Pradesh and Gujarat. The company posted a turnover of Rs 27.87 billion for FY19 and got new orders of Rs 49.70 billion in FY19, including the Pune Metro; Line 6 of the Mumbai Metro; construction of the emergency medicine, clinical and ward areas in the premises of SGPGI; and construction of the South Delhi Municipal Headquarters. Nalin J Gupta, Managing Director, shares more....

Name one major challenge faced in FY2018-19. How did the company tackle it?
The company clocked 36 per cent YOY growth in our total income and 30 per cent in PAT, despite a challenging year for the construction industry. To ensure timely completion of projects, JKIL owns a large fleet of plants and equipments required for construction. We have been able to maintain margins better than the industry average mainly owing to our large equipment bank, minimal subcontracting, backward integration and cluster approach for maximising equipment utilisation. Over the year, we have made a steady investment in people, equipment, technology and systems, and in strengthening business sustainability.

Name one decision you consider the biggest contributor to the company’s growth in FY2018-19.
The company recorded its highest ever turnover in FY 2018-19. Our approach towards timely completion of ongoing projects and building a robust and healthy order book helped us achieve this. We have successfully completed complex structures with innovative techniques. We kept our focus on acquiring challenging projects that would test our capabilities and competence. 

What was one single factor you avoided that could have otherwise impacted the company’s topline and bottomline?
As a philosophy, we believe there is a right price for everything. We do not take on a project that does not meet our internal benchmarks. This can be detrimental to the client, to the project and, ultimately, to the contractor in the long run. We do not compromise our long-term vision for short-term gains. Moreover, we avoid taking works on BOT/PPP, etc, over EPC jobs to prevent any negative impact on our topline and bottomline.

What are your plans for the company’s growth in FY2019-20? 
We are optimistic about the long-term prospects of our business for a number of reasons. A healthy order book in excess of Rs 100 billion gives the company visibility for the next couple of years. Further, the recently announced Union Budget has laid emphasis on the need for infrastructural development with increased fund allocation towards rural development activities like PradhanMantri Gram SadakYojana, railways, roads and highways, MRTS and metro projects. What’s more, we have expanded our operations in major states like Maharashtra, Delhi, Gujarat, Rajasthan and Uttar Pradesh. We endeavour to broaden our base and presence in a phased manner to the entire nation.

J Kumar Infraprojects
Net Sales EBITDA Reported PAT
FY19 (Rs Billion) 27.87 4.36 1.77
Growth over FY18 (%) 35.91 35.83 29.67

J Kumar Infraprojects Ltd (JKIL) has a robust order book of Rs 103.72 billion with orders across Maharashtra, Delhi, Rajasthan, Uttar Pradesh and Gujarat. The company posted a turnover of Rs 27.87 billion for FY19 and got new orders of Rs 49.70 billion in FY19, including the Pune Metro; Line 6 of the Mumbai Metro; construction of the emergency medicine, clinical and ward areas in the premises of SGPGI; and construction of the South Delhi Municipal Headquarters. Nalin J Gupta, Managing Director, shares more....Name one major challenge faced in FY2018-19. How did the company tackle it?The company clocked 36 per cent YOY growth in our total income and 30 per cent in PAT, despite a challenging year for the construction industry. To ensure timely completion of projects, JKIL owns a large fleet of plants and equipments required for construction. We have been able to maintain margins better than the industry average mainly owing to our large equipment bank, minimal subcontracting, backward integration and cluster approach for maximising equipment utilisation. Over the year, we have made a steady investment in people, equipment, technology and systems, and in strengthening business sustainability.Name one decision you consider the biggest contributor to the company’s growth in FY2018-19.The company recorded its highest ever turnover in FY 2018-19. Our approach towards timely completion of ongoing projects and building a robust and healthy order book helped us achieve this. We have successfully completed complex structures with innovative techniques. We kept our focus on acquiring challenging projects that would test our capabilities and competence. What was one single factor you avoided that could have otherwise impacted the company’s topline and bottomline?As a philosophy, we believe there is a right price for everything. We do not take on a project that does not meet our internal benchmarks. This can be detrimental to the client, to the project and, ultimately, to the contractor in the long run. We do not compromise our long-term vision for short-term gains. Moreover, we avoid taking works on BOT/PPP, etc, over EPC jobs to prevent any negative impact on our topline and bottomline.What are your plans for the company’s growth in FY2019-20? We are optimistic about the long-term prospects of our business for a number of reasons. A healthy order book in excess of Rs 100 billion gives the company visibility for the next couple of years. Further, the recently announced Union Budget has laid emphasis on the need for infrastructural development with increased fund allocation towards rural development activities like PradhanMantri Gram SadakYojana, railways, roads and highways, MRTS and metro projects. What’s more, we have expanded our operations in major states like Maharashtra, Delhi, Gujarat, Rajasthan and Uttar Pradesh. We endeavour to broaden our base and presence in a phased manner to the entire nation. .tg {border-collapse:collapse;border-spacing:0;} .tg td{font-family:Arial, sans-serif;font-size:14px;padding:10px 5px;border-style:solid;border-width:1px;overflow:hidden;word-break:normal;border-color:black;} .tg th{font-family:Arial, sans-serif;font-size:14px;font-weight:normal;padding:10px 5px;border-style:solid;border-width:1px;overflow:hidden;word-break:normal;border-color:black;} .tg .tg-eohl{font-weight:bold;background-color:#ffcb2f;color:#343434;border-color:inherit;text-align:right;vertical-align:top} .tg .tg-v56s{font-weight:bold;background-color:#ffcb2f;color:#343434;border-color:inherit;text-align:left;vertical-align:top} .tg .tg-5agr{color:#343434;border-color:inherit;text-align:left;vertical-align:top} .tg .tg-39dc{color:#343434;border-color:inherit;text-align:right;vertical-align:top} J Kumar Infraprojects Net Sales EBITDA Reported PAT FY19 (Rs Billion) 27.87 4.36 1.77 Growth over FY18 (%) 35.91 35.83 29.67

Next Story
Building Material

Jindal Aluminium Marks 56 Years of Industrial Leadership

Jindal Aluminium Limited has marked its 56th Inception Day, celebrating a legacy built on vision, resilience and manufacturing leadership. Founded in 1968 and incorporated in 1970 by Padma Bhushan Dr Sitaram Jindal, the company has grown into a major force in India’s downstream aluminium sector under the leadership of Pragun Jindal Khaitan.The company is India’s largest manufacturer of aluminium extruded products and the second-largest producer of aluminium flat-rolled products. With a turnover of around Rs 5,500 crore and a workforce of over 4,000, Jindal Aluminium continues to strengthen..

Next Story
Infrastructure Transport

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Next Story
Infrastructure Transport

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement