GAMMON INDIA LIMITED
GAMMON INDIA LIMITED
GAMMON INDIA LIMITED
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Our Order Book<br />
In the civil engineering and construction industry, the order book is considered as a potential future performance<br />
indicator since it represents a portion of anticipated revenues. We aim to focus not only on order book additions, but<br />
also on capturing a quality order book with potentially high margins. For the years ended March 31, 2006, 2007,<br />
2008 and 2009, our order backlog was Rs.56.68 billion, Rs.65.33 billion, Rs.90.01 billion and Rs.129.67 billion,<br />
respectively. During the same period, our book-to-bill ratio was 3.79, 3.54, 3.85 and 3.57, respectively.<br />
The following table sets forth the order book of our Company, Sofinter, FTM and SAE Powerlines as of September<br />
30, 2009:<br />
Order book as of September 30, 2009<br />
(Rs. in millions)<br />
Our Company:<br />
Transportation Engineering 59,560.79<br />
Power Transmission and Distribution 19,965.80<br />
Energy 18,960.94<br />
Environment and Pipelines 13,843.03<br />
Hydro Power Structures 10,784.21<br />
Hydraulic and Irrigation 4,489.63<br />
Industrial Structures and Buildings 4,182.74<br />
Total 131,787.14<br />
Our subsidiaries/joint venture<br />
Sofinter 35,246.20 *†<br />
FTM 17,500.25 *<br />
SAE Powerlines 3,150.05 *<br />
* Based on the conversion of €1 to Rs.70.0010, being the reference rate as on September 30, 2009 provided by the European Central Bank<br />
† As of September 30, 2009, the Company held 50.00% of Sofinter.<br />
Our Competitive Strengths<br />
We believe that we are well positioned to take advantage of the growth opportunities in the Indian civil engineering,<br />
construction, infrastructure and power sectors because of the following strengths:<br />
Quality and strength of execution: We have a strong track record in the successful development and<br />
execution of EPC and infrastructure projects. In 2009, we received OHSAS 18001:2007 and ISO<br />
14001:2004 from BM TRADA as recognition of our occupational health and safety management system<br />
and environmental management system in the construction of civil engineering structures and pipeline<br />
projects. Our strength in execution can also be evidenced by our timely completion of projects. Our access<br />
to financing sources, partners and industry expertise enables us to value new projects effectively, assess<br />
risks properly and compare evaluation results against our experience. We believe that our expertise in the<br />
successful and timely execution of projects provides us with a significant competitive advantage.<br />
Technical, engineering and in-house design capabilities: We have in-house design capabilities with staff<br />
possessing professional qualifications and experience in undertaking the design of all types of civil<br />
engineering structures. We also have the latest software in executing these designs. As on September 30,<br />
2009, we had a team of 74 skilled employees in our in-house design department. Over the years, we have<br />
introduced several advanced technologies to India, such as extra-dosed bridge, slipform technology for<br />
tapered chimney, thin shell structures, cantilever construction technology, hyperbolic cooling towers, multi-<br />
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