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APR Constructions Limited - Saffron Capital

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OUR BUSINESS<br />

Our Company is into infrastructure business focusing on undertaking projects in Irrigation, Railway and Industrial<br />

segment. We have over 25 years of experience in infrastructure activities. We started as a partnership concern under<br />

the name of M/s A. Prabhakar Reddy & Co. in the year 1983 which was converted into a Public <strong>Limited</strong> Company in<br />

the year 2004. We commenced operations by undertaking civil construction works. Having gained experience we<br />

diversified in executing projects in Irrigation sector. As a growth strategy, we ventured into executing projects in<br />

Railways & Industrial segment. Our Company has been credited with ISO 9001:2008 Quality Management System<br />

by BSI for “Administrative and support functions for construction of civil, structural & engineering projects viz.,<br />

irrigation dams, canals, bridges, tunnels, roads, infrastructural works, railways and turnkey projects.”<br />

Our portfolio of services and presence across the states in India is as follows –<br />

Irrigation Projects – Construction of Dams / Barrages /<br />

Spillways; Construction of Canals including structures, cement<br />

concrete lining & distributory systems and Construction of<br />

Tunnels.<br />

Railway Projects – Formation of Railways Embankment;<br />

Construction of Structures; Collection and spreading of Ballasts;<br />

Erection & Laying of Railway tracks; Construction of Railway<br />

platforms & passenger amenities; Construction of Foot-over<br />

Bridges; Construction of Buildings (residential & service);<br />

Electrification and Signal Works.<br />

Industrial Projects – Site preparation & gradation works;<br />

Railway Sidings; Approach Roads; Bridges; Reservoirs &<br />

Industrial Structures.<br />

Our Company secures contracts through competitive bidding process either on a standalone basis or through joint<br />

venture depending on the project size and pre-qualifications requirements. A bid is normally evaluated on three broad<br />

areas viz., past experience; technical aspects and financial requirements. Our order book comprises of work orders<br />

received mainly from Central & State government bodies / agencies, Public Sector Enterprises and Private Sector<br />

Enterprises.<br />

Our Company has entered into Joint Venture agreements with International and Domestic players for bidding &<br />

execution of projects. Our International Joint Venture partners are M/s China Railway Shisiju Group Corporation &<br />

M/s Jiangsu Provincial Transportation Engineering Group Co. <strong>Limited</strong> (JTEGC) and Domestic Joint Venture partners<br />

are M/s V. Narayana Reddy; M/s M. Venkata Rao Infra Projects Private <strong>Limited</strong>; M/s PVR Projects <strong>Limited</strong> & M/s<br />

VNR Infrastructure <strong>Limited</strong>. The JV partner brings in synergies by aiding financial strength and technical skill set<br />

required for project qualification.<br />

For the fiscal 2010 and 2009, our contract revenue was `27,276.40 lakhs and `19,057.07 lakhs respectively<br />

representing an annual growth rate of over 43%. Our net profit for fiscal 2010 and 2009 was `1517.62 lakhs and<br />

`1055.78 lakhs respectively representing an annual growth rate of over 43%. For the eight months period ended<br />

November 30, 2010our contract revenue was ` 18,502.70 lakhs and our net profit was ` 882.60 lakhs.<br />

Our Company has expanded both in service and project profile and also customer profile with greater geographical<br />

presence. Our operations are spread across the states of Andhra Pradesh, Maharashtra, Madhya Pradesh, Assam,<br />

Tripura, Karnataka, West Bengal, Tamil Nadu and Bihar.<br />

Our project delivery is based on professional & skilled manpower that we have. As on February 28, 2011 we have 79<br />

people on the payrolls.<br />

94

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