Tamil Nadu based company RPP Infra Projects is presently have orders in its order book reached to Rs 7.5 bn. The company had entered into primary market in the month of December 2010. The company is in the business of infrastructure development such as Highways, Roads and Bridges. Company is also involve in civil work like SEZ Development, Water Management projects, Irrigation and Power Projects. The company expecting to reach around Rs 10 billion in orders this fiscal.
Currently company is operating at net margin of about 20%. There will be no compromise on the margin front and company expect to maintain similar kind of margins in future. The company expect to deliver growth of 8.59% for earnings and to touch revenues of around Rs 2.50-2.60 billion.
Share’s Data :-
BSE Code : 533284
Market Cap : Rs 159.10 Crores
RPP Infra Projects Limited share’s CMP is Rs 70.70 on 15th Mar 2011.
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