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Engineering and construction firm Unity InfraProjects is eyeing an up to 25 per cent growth in revenue at over Rs 2,200 crore in FY’12 on the back of execution of most of its orders.
“Our sales guidance is based on the order book which we have on hand. We are confident about executing most of the orders in this fiscal and we see the sales reflecting in our topline. We expect our revenues to grow by 20-25 per cent to over Rs 2,200 crore in FY’12,” the company’s Chief Financial Officer, Mr Madhav Nadkarni, told PTI here today.
The company reported Rs 1,772.20-crore sales in FY’11.
At present, the order book of the company stands at over Rs 3,500 crore, of which 53 per cent is from civil buildings, 33 per cent from water and irrigation business and 14 per cent from the transportation segment, he said.
“FY’11 was a bit sluggish. But in FY’12, we hope to get a fresh order inflow of around Rs 3,500-4,000 crore. We expect to complete around Rs 1,600-crore worth existing orders in this fiscal and over Rs 400 crore from new orders that we bag in FY’12,” Mr Nadkarni said.
By March 2012, the total order book is expected to stand at over Rs 5,000 crore, he said, adding that most of the orders are expected to come from transportation and building segments.
Apart from its existing businesses, the company also plans to diversify into the power and railway sectors, he said.
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