The total orderbook for Gayatri Projects at the end of December quarter is around Rs 6000 crore, said managing director, TV Sandeep Reddy.
The total orderbook at the end of December quarter is around Rs 6000 crore.
TV Sandeep Reddy
MD
Gayatri Projects
TV Sandeep Reddy, managing director, Gayatri Projects in an interview to CNBC-TV18 spoke about the recent order win worth Rs 119 crore from Government of Chattishgarh, PWD.
The order forms part of Government of India and Asian Development Bank (ADB) agreement. It is two-lane road project for which the execution will start immediately, he added.
The total orderbook at the end of December quarter is around Rs 6000 crore, said Reddy.
When asked if they had more orders in the offing, he said NHAI has come out with bids worth Rs 10,000 crore for which the company plans to bid aggressively. The tender dates would start from first week of February till March, he added.
Gayatri Projects Ltd. is the flagship company of the esteemed and well diversified Gayatri Group that has interests in infrastructure, power, hospitality, real estate and industry. With an annual turnover of Rs.1812.53 crores, net worth of Rs.635.74 crores and total assets of Rs.3318.83 crore on a Standalone basis in FY14, it is one of India's leading infrastructure players.
Gayatri Project stock price
On January 27, 2015, at 14:14 hrs Gayatri Projects was quoting at Rs 175.45, up Rs 0.30, or 0.17 percent. The 52-week high of the share was Rs 192.00 and the 52-week low was Rs 49.50.
The company's trailing 12-month (TTM) EPS was at Rs 6.95 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 25.24. The latest book value of the company is Rs 220.32 per share. At current value, the price-to-book value of the company is 0.80.
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