Page 3 - Construction Firms
Construction firms' growth hinges on execution
Construction sector companies have continued to see strong traction in their order inflow. Recently, a HCC-URC construction joint venture was awarded a Rs 798 crore Bangalore Metro Rail contract. The strong order flow from metro rail projects is improving the outlook for companies such as Larsen & Toubro, J Kumar Infra (JKIL), Simplex Infrastructure and HCC.Also, the government's focus in recent years has translated to more orders in roads and urban infrastructure for most companies in the engineering and construction space. Dilip Buildcon, IRB Infra, PNC Infratech, KNR Infra and many others are well placed in terms of order book.Analysts at Credit Suisse say order inflow continues to rise and are now twice that of the FY13-15 average. It was Rs 29,400 crore in FY15 and was Rs 60,000 crore in FY17. Investment in infrastructure is expected to grow 10 per cent annually in FY15-18, after stagnating during FY12-15.This momentum has led to a higher book-to-bill but not revenue ...
 "Construction firms' growth hinges on execution")
The next-generation construction firms
A number of relatively smaller players, based in Tier-II cities are on the cusp of emerging as the next generation of construction companies
 "The next-generation construction firms")
