Simplex Infrastructures Limited has announced the unaudited results of q2 of FY 2010. As per report the consolidated sales for the quarter is 5% higher at INR 1053 crore, EBITDA up by 10% higher at INR 113 crore, PBT 20% higher at INR 45 crore and PAT INR 29crore. 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 INR 2180 crore, EBITDA 9% higher at INR 230 crore. On account of higher provisions of depreciation and tax, the PAT at INR 57 crore is lower than INR 66 crore same period last year.
The order intake during the quarter is healthy at INR 1523 crore comprising Power Plants 43%, Industrial Plants 21%, Buildings & Housing 21%, Piling, Bridges & Urban Infra 5% each. The Order Book Backlog as of September is 10517 crore as compared to June INR 10012 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 INR 740 crore.
