Simplex Infrastructures Limited has announced the unaudited results of 2nd Quarter FY10. The consolidated sales for the quarter is 5% higher at Rs1053 cr, EBITDA 10% higher at Rs.113 cr, PBT 20% higher at Rs. 45 cr and PAT Rs.29cr.The EBITDA margin has improved to 10.7% from 10.2%,PBT margin 4.3% from 3.8% and PAT margin remains same at 2.8%.
Sales for the first half of FY10 is 7% higher at Rs.2180 cr, EBITDA 9% higher at Rs. 230 cr. On account of higher provisions of depreciation and tax, the PAT at Rs.57cr is lower than Rs.66cr same period last year.
The order intake during the quarter is healthy at Rs.1523cr comprising Power Plants 43%, Industrial Plants 21%, Buildings & Housing 21%(entirely from foreign territories), Piling , Bridges & Urban Infra 5% each. The Order Book Backlog as of September is 10517 cr as compared to June Rs.10012 cr. The entire Order Book comprises of Power 27%, Industrial 18%, Urban Infra 17%, Buildings 15%, Bridges 13%, Marine 5% , Piling 4% and Railways and Roads 1% each. The Foreign territories contributes 22% of the Order Book while 78% is Domestic comprising 39% from Government Sector, 11% PPP Players and 28% Private Sector. In addition the Company has L1 status aggregating Rs.740 cr.
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 corridors.