G R Infraprojects envisages order book of Rs 250 bn by FY23

06 Jul 2022 CW Team

G R Infraprojects is expecting an orderbook of Rs 250 billion by FY23 due to a pick-up in government expenditure in infrastructure segment and rise road construction activities, according to Swadesh Anand Rathi, CFO. Rathi told ET Now that new work orders are expected to increase from Rs 90 billion to Rs 150 billion for FY23.

NHAI orders constitute 88% of the company’s order book, while almost 70% of the total order book is from HAM (Hybrid Annuity Model) projects. In the first quarter of the financial year 2023 the company executed the Rs 13.68 billion HAM project on the Delhi-Vadodra Expressway and the Rs 15.77 billion project in Andhra Pradesh.Rathi stated that GR Infraprojects is a pan India player but has less exposure in the Southern markets.

The company's margins have been impacted over the last 3-4 years, with margins falling from 21.8% to 17.6% due to the higher cost of raw materials. However, Rathi said margins have been impacted as order book has moved from HAM project to EPC, which has less margins as compared to the former. Input prices are expected to cool off from Q3FY23 onwards.

Also read:
Hazoor Multi Projects bags Nagpur-Mumbai expressway order
NHAI told to speed up repair of Bengaluru-Mangaluru highway

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..