Dun & Bradstreet India announces winners of Infrastructure Awards 2016

Event also witnessed the launch of ninth edition of ‘India’s Leading Infrastructure Companies 2016’ publication

Dun & Bradstreet, the world’s leading provider of global business information, knowledge and insight, today announced the sixth edition of ‘D&B Infra Awards 2016’. The awards felicitated 22 of India’s leading infrastructure companies and projects. The occasion also marked the launch of the ninth edition of Dun & Bradstreet’s premier publication, ‘India’s Leading Infrastructure Companies 2016’.

Speaking at the release of the publication, Mr. Kaushal Sampat, President & Managing Director - India, Dun & Bradstreet said, “In the last two years, the NDA Government has been able to spark a turnaround in the economy and one of the major levers that the government has used to boost the economy is Infrastructure. The Government has set an investment target of Rs 25 trillion in infrastructure over a period of three years, which will include Rs. 8 trillion for developing 27 industrial clusters and an additional Rs. 5 trillion for road, railway and port connectivity projects.”

“The government has achieved a breakthrough, unblocking previously stuck road projects, while also accelerating the initiation of new road projects. During FY16, about 6,029 km of highways were completed, which is 36% higher compared to the prior year. The Ministry has set an ambitious target of laying more than 40 km per day in FY17, which is more than double the pace in FY16.” he further added.

The publication titled ‘India’s Leading Infrastructure Companies 2016’ was released by Guest of Honour, Shri Mansukh L. Mandaviya, Honourable Minister of State for Road Transport & Highways, Shipping and Chemicals & Fertilizers, Government of India. Also present at the event were Mr. Rahul Munjal, Chairman and Managing Director, Hero Future Energies Private Limited; Dr. Ravi Reddy, Director – Technical, Megha Engineering & Infrastructure Limited and Mr. Manish Sanghi, Managing Director, Everest Industries Limited.

Winners of the D&B Infra Awards 2016

Company performance category

Project based category

Key highlights: ‘India’s Leading Infrastructure Companies 2016’

1. During FY16, construction of highways touched an all-time high of 6,029 km, significantly higher than the 4,410 km completed last year; this translates into construction of 16.5 km of roads & highways per day.
2. On account of the good performance by roads and highways segment, the target for awarding of highway projects for the year FY17 has been set at 25,000 km as against 10,000 km in FY16.
3. In FY16, the passenger traffic handled by Indian Railways (IR) stood at 8,152 mn, as against 8,228 mn passengers in FY15; the revenue earnings of the IR from passengers stood at ` 453.7 bn in FY16 as against 428.6 bn in FY15.
4. During FY16, the passenger traffic (domestic + international) at Indian airports rose by a robust 17.6% to 223.6 mn, from 190.1 mn a year ago.
5. During FY16, all ports in India (major and minor) collectively handled total cargo traffic of about 1,072.5 mn tonnes, which translates into an increase of 1.9% over FY15.
6. India’s installed power generation capacity has grown from 199.9 GW in FY12 to 301.9 GW in FY16, registering a CAGR of 10.6%; during FY16, India added 34.3 GW to its existing power generation capacity, which translates into an increase of 12.8% over the previous year.
7. Notwithstanding the fact that the aggregate total income of all the companies featured in the publication declined by over 15% during FY16, the Profit after Tax (PAT) grew by over 14%, indicating greater efficiency in the sector during the tough years it faced.
8. The aggregate total income of the 95 companies featured under Infra Construction Segment, grew by more than 6% in FY16, while PAT declined by 1%. The decline can be attributed to increase in interest expense by over 7% in FY16.
9. The analysis of the 18 power companies featured in the publication indicates that the aggregate total income grew by over 3% in FY16. And the aggregate PAT grew by over 5% despite the interest expense rising by over 14% in FY16.

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