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Patel Engineering likely to bag orders worth Rs 1000 Cr-1200 Cr
Wednesday, June 20, 2007
Market sources inform that Patel engineering is likely to bag two orders from Africa worth Rs 1000-2000 crore. Order size is likely to be 20-25% of current order book. Patel Engg’s current order book stands nearly at Rs 5000 crore. Order is likely to be announced within a month
Order is for execution of hydro projects, which are to be executed in 3-4 years, sources add. Currently less than 5% of revenue comes from African market for Patel Engg. The management preferred not to make any comment on the issue.
| Revenue | (%) |
| Hydro Projects | 53 |
| Irrigation Projects | 25 |
| Road Projects | 22 |
| EBIDTA Margin | (%) |
| Hydro Project | 20 |
| Irrigation Project | 14 |
| Road Project | 9 |
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