AVP Infracon Reports Strong 75% Growth In H1 FY25 Net Profit

Mumbai (Maharashtra) [India] November 5: AVP Infracon Limited (NSE:AVPINFRA), is a versatile infrastructure development firm renowned for its adept execution in constructing Civic Amenities, Commercial, and Residential Projects across multiple domains managing projects from conceptualization to completion, has reported its Unaudited financials for H1 FY25. Key Financial Highlights Consolidated Key Financial Highlights H1 FY25 Revenue [...]

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Tue, 05 Nov 2024 06:49 PM (IST)
AVP Infracon Reports Strong 75% Growth In H1 FY25 Net Profit
AVP Infracon Reports Strong 75% Growth In H1 FY25 Net Profit

Mumbai (Maharashtra) [India] November 5: AVP Infracon Limited (NSE:AVPINFRA), is a versatile infrastructure development firm renowned for its adept execution in constructing Civic Amenities, Commercial, and Residential Projects across multiple domains managing projects from conceptualization to completion, has reported its Unaudited financials for H1 FY25.

Key Financial Highlights

Consolidated Key Financial Highlights H1 FY25

  • Revenue From Operations of ₹ 109.22 Cr, YoY growth of 63.05%
  • EBITDA of ₹ 23.95 Cr, YoY growth of 63.19%
  • EBITDA Margin of 21.92%, YoY growth of 2 Bps
  • Reported Net Profit of ₹ 12.76 Cr, YoY growth of 75.37%
  • Net Profit Margin of 11.69%, YoY growth of 83 Bps
  • EPS of ₹ 5.11, YoY growth of 26.39%

Standalone Key Financial Highlights H1 FY25

  • Revenue From Operations of ₹ 95.89 Cr, YoY growth of 51.84%
  • EBITDA of ₹ 23.15 Cr, YoY growth of 71.36%
  • EBITDA Margin of 24.14%, YoY growth of 275 Bps
  • Net Profit of ₹ 12.75 Cr, YoY growth of 75.38%
  • Net Profit Margin of 13.30%, YoY growth of 179 Bps
  • EPS of ₹ 5.11, YoY growth of 26.49%

Commenting on the performance Mr. Prasanna Dhandayuthapani, MD, AVP Infracon Limited said“We are pleased to report strong growth in the first half of FY25, driven by several major project wins and solid operational performance. The new contracts secured from the National Highway Authority of India and CDR & Co. Constructions have significantly contributed to our momentum. These projects align with our core strengths in road infrastructure and further diversify our project portfolio.

We are now well-positioned to bid for more projects in the coming years, enhancing our growth prospects. This is further strengthened by our 90% ownership in AVP RMC, whose newly inaugurated plant in Tirupur District will meet rising regional demand and improve operational efficiency.

Our strategic focus on timely project execution, particularly in Tamil Nadu, has been a key driver of success. By maintaining our own equipment fleet and RMC plants, along with implementing cost optimizations, we have not only ensured quality delivery but also improved our margins. We are confident that these initiatives will continue to drive sustainable growth and position us for long-term success.”

 

Key Highlights For H1 FY25

Secured Contracts FromNational Highway Authority Of India Contract 1
  • Scope of Work: Strengthening/Overlay of the Thirumayam- Manamadurai section
  • Contract Value: ₹ 33.93 Cr
  • Completion Timeline: The project is slated to be completed within a year.

Contract 2

  • Scope of Work: Operation & Maintenance and Incident Management Services along the Pondicherry- Tindivanam section of NH-32, extending into Tamil Nadu and Puducherry
  • Contract Value: ₹ 7.32 Cr
  • Completion Timeline: The project is slated to be completed within a year.
Credit Ratings Update • Long-term credit rating upgraded from CRISIL BB/Stable to CRISIL BBB-/Stable.

• Short-term credit rating upgraded from CRISIL A4+ to CRISIL A3.

Inaugurated

AVP RMC’s 3rd RMC Plant

• AVP RMC, a partnership firm with AVP Infracon Limited holding a 90% stake.

• The new plant is strategically positioned to cater to concrete demand in Dharapuram, Palani, Oddanchatram, Udumalaipet, and Kangeyam.

• Location: Merku Thottam, Tripur District, Tamil Nadu.

 

Received Contracts FromM/S.CDR & Co Constructions

 

 

Contract 1
  • Scope of Work: Construction of a bypass to Bagalur town, in the state of Tamil Nadu.
  • Contract Value: ₹ 23.60 Cr
  • Execution Timeline: The project is slated for completion within one year.

Contract 2

  • Scope of Work: Widening and strengthening of Kallakurichi-Tiruvannamalai Road (SH-6) this includes the installation of a center median, construction of minor bridges, and completion of drainage works in Tamil Nadu.
  • Contract Value: ₹ 47.20 Cr
  • Execution Timeline: Completion is expected within one year.
The Board Of Directors Approved An Investment In The Partnership Firm M/S. Kanthan Blue Metals. • Capital Contribution: Up to ₹ 3.60 Cr.

Ownership Stake: Secures a 90% ownership stake in the firm.

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PNN Agency