India’s Top PSUs 2022

India’s Top PSUs 2022 97 Ircon International Limited Yogesh Kumar Misra, Chairman & Managing Director Dun & Bradstreet D-U-N-S® No 65-017-7595 Year of Incorporation 1976 Financial Snapshot ( ` Mn) (As on Mar 31, 2021) Total Income 52,003.1 Net Profit 4,045.6 Total Assets 106,644.9 Ratios NPM (%) 7.8 C/R (Times) 1.2 ‘Ratna’ Status Miniratna - I Management Details Chairman & Managing Director Yogesh Kumar Misra Directors Shyam Lal Gupta Ragini Advani Parag Verma Ram Prakash Dhananjaya Singh Ranjana Upadhyay Ajay Kumar Chauhan Dipendra Kumar Gupta Dr. Kartik Chandulal Bhadra (As on Sep 30, 2022) Address C-4 District Centre. Saket New Delhi – 110017 Delhi Website www.ircon.org About the Company IRCON International Ltd (IRCON), a Mini Ratna-Category-I Schedule ‘A’ public sector listed company, is a specialised entity engaged in covering a wide spectrum of construction activities and services in the infrastructure sector. The company is a diversified global infrastructure PSU operating in the areas/ sectors of railways, runways & hangars, tunnels, OHE sub-station, development of industrial areas, commercial, institutional & residential, aircraft hangars, flyover, bridges, highways amongothers.The services providedby the company are Engineering Procurement & Construction (EPC), Project Management & Consultancy (PMC), Public Private Partnership (PPP), Real Estate and Business Operations. Business Operations The company has delivered 128 projects in 25 countries across the globe and over 398 projects in India. IRCON has more than 50 projects in its portfolio, including five international projects in Bangladesh, Algeria, Sri Lanka, Nepal & Myanmar. IRCON is an ISO Certified Company recognised for Quality, Environment, Occupational Health and Safety Management Systems. IRCON group constitutes of eleven subsidiary companies out of which nine are Special Purpose Vehicles created for execution of projects of NHAI; and seven joint venture companies, out of which five JV companies incorporated mainly for coal connectivity projects in the States of Chhattisgarh, Jharkhand, and Odisha. Additionally, IRCON executes projects on Build, Operate and Transfer (BOT) mode and Hybrid Annuity Mode (HAM). Few Notable Highlights of IRCON • IRCON recorded an all-time high total turnover of ` 71.8 bn in FY22, positing a yearly growth of 38.09%. • During FY22, projects worth ` 161.8 bn were awarded to the company, of which 88.9% were from the domestic sphere. • In FY22, IRCON secured newdomestic works of nearly ` 144 bn through competitive bidding. With the new orders secured both in domestic and international segment, the order book as on 31 March 2022, stood at approximately ` 437.6 bn as compared to ` 346.9 bn in the previous year. • The company has forayed into the renewable power sector to establish a 500 MW solar power plant through a joint venture. • In FY22, IRCON secured one foreign project for construction of Road from Paletwa (Myanmar) to Zorinpuri (Mizoram) under Kaladan Multi Modal Transit Transport Project (KMMTTP) on EPC Mode in Myanmar valued at ` 17.8 bn. • In a Dedicated Freight Corridor Project, IRCON manufactured and launched the largest precast PSC segmental twin shell box (measuring 18.47 metres in length, 15.8 metres in width and 9.73 metres in height in four days) at Road Over Bridge (ROB) Valsad between Valsad and Pardi Railway Stations, Gujarat in FY22. • During FY22, IRCON secured the project for construction of Mumbai-Ahmedabad High Speed Railway (MAHSR), which is the first High Speed Railway networks planned to be constructed in India. The Shinkansen Bullet train has been selected for its safety, performance and reliability record. This Shinkansen track would be capable of running bullet trains at maximum permissible speed of 350 Kmph. • IRCON completed 10.34 excavation of Main Tunnels in the Sivok-Rangpo Rail Link project, during FY22. Dun & Bradstreet