Simplex Infrastructure expecting good growth ahead

Simplex Infrastructure has over the past few years successfully built pre-qualifications for new verticals like roads, ports (marine), urban infrastructure, civil and industrial construction, the company’s growth from a piling and power sector focused construction player to new verticals. Simplex Infrastructure has an order book position of Rs 8,300 crore comprising: building and housing – 26 per cent, roads – 23 per cent, industrial construction – 22 per cent, urban infrastructure – 12 per cent, marine – 10 per cent, and power – 7 per cent. Private sector constitutes 65 per cent of the company’s current order book; short project execution cycle leads to better margins in a continued tight industry scenario; superior return ratios (RoE and RoCE) versus peers; and focus on faster project execution - has one of the largest fleet of equipment. This sites the company looks to a strong growth in future.