Simplex Infra reports PAT Rs29 crore
Simplex Infrastructures Ltd has announced the unaudited results of 2nd Quarter FY10. The consolidated sales for the quarter is 5% higher at Rs1053 crore, EBITDA 10% higher at Rs.113 crore, PBT 20% higher at Rs. 45 crore and PAT Rs29 crore.
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 crore, EBITDA 9% higher at Rs. 230 crore. On account of higher provisions of depreciation and tax, the PAT at Rs.57crore is lower than Rs.66crore same period last year.
The order intake during the quarter is healthy at Rs.1523 crore 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 Rs10517 crore as compared to June Rs10012 crore. 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 crore.