Engineering and construction firm Unity InfraProjects is eyeing an up to 25% growth in its revenue at over Rs 2,200-crore in FY 12 on the back of execution of most of its orders in the fiscal, a senior company executive said today.
"Our sales guidance is based on the order-book which we have on hand. We are confident about executing most of the orders in this fiscal and we see the sales reflecting in our top-line. We expect our revenues to grow by 20-25% to over Rs 2,200-crore in FY'12," the company's Chief Financial Officer, Madhav Nadkarni, told PTI here.
The company reported a sales of Rs 1,772.20-crore in FY'11.
At present, the order-book of the company stands at over Rs 3,500-crore, of which 53% is from civil building, 33% from water and irrigation business and 14% from the transportation segment, he said.
"FY 11 was a bit sluggish. But in FY 12 we hope to get a fresh order inflow of around Rs 3,500-4,000-crore. We expect to complete around Rs 1,600-crore worth existing orders in this fiscal and over Rs 400-crore from new orders that we plan to bag in FY 12," Nadkarni said.
By March 2012, the total order-book is expected to stand at over Rs 5,000-crore, he said, adding most of the orders are expected to come from transportation and building segments.
Apart from its existing businesses, the company also plans to diversify into the power and railway sectors, he said.
