• Water sector focus: The company derives 80% of its revenue from irrigation and drinking water projects and plans to maintain this 80% focus over the next 2 to 3 years driven by river linking and industrial demand.
• Order book target: Currently standing at around ₹7,953 crore (approximately ₹8,000 crore), the order book is targeted to remain at 2 to 2.5 times expected turnover, supported by opportunities across 12 states.
• Debt repayment strategy: Against net debt of approximately ₹400 crore (with ₹460 crore held in FDs and bank balances), the company will utilize ₹180 crore from IPO proceeds for debt repayment and reinvest the remaining funds.
• Client revenue diversification: Management expects government revenue contribution to potentially reduce from 90% to 65% as private sector orders expand from data centers, nuclear power plants, and thermal stations.
• Precast capacity expansion: In addition to fulfilling internal requirements, the company is supplying external projects such as Tata Semiconductor in Dholera and the Mumbai-Ahmedabad bullet train, prompting the setup of a second plant in Ahmedabad.