Simplex Infrastructures has announced its audited results for the quarter and year ended March’10.
During Q4 it has achieved 39% higher PAT of Rs 45 cr against Rs 32 cr same quarter last year. The EBIDTA margin during the quarter has improved to 10.4% from 9.4%, PBT margin 5.5% from 3.2% and PAT margin 3.5% from 2.3% on sales of Rs 1278 cr as against Rs 1374 cr in the corresponding quarter.
During the whole of FY10, it has earned higher EBITDA of Rs.470cr against Rs.453cr last year, PBT of Rs.201cr against Rs.173cr and PAT of Rs.127cr against Rs.123cr, despite recording lower sales of Rs.4555cr as against Rs.4724cr last year. The full year margins have improved – EBITDA 10.3% from 9.6%, PBT 4.4% from 3.7% and PAT 2.8% from 2.6% of sales.
The order book at year end is 14% higher at Rs.11491cr(Rs.10059cr last year) comprising power - 27%, Building & Housing 22%, Industrial Plants – 19%, Urban Infra – 16%, Bridges – 9%, Marine & Piling – 3% each and Roads & Railways – 2%. There is further order inflow of Rs.1289cr during the first 2 months of the current year in addition to L1 status of Rs.1334cr. The Company has given a guidance of top-line growth of 15-20% during the current year FY11.
About Simplex Infrastructures Ltd (BSE SCRIP ID: SIMPLEXIN, NSE SCRIP ID: SIMPLEXINF, Bloomberg; SINF IN, Reuters: SMCP.BO): Incorporated in 1924, Simplex Infrastructures Limited is the largest pure play civil construction & engineering contractors in India, with more than eight decades of successful operations and completion of about 2300 projects in India and abroad. Simplex Infrastructures has presence across various construction verticals, which include piling, industrial plants, power plants – thermal; nuclear; hydel; urban infrastructures & utilities, buildings and housing, marine, roads; railways; bridges & elevated road & rail corridors.