REPL reports 9.76% Revenue Growth in Q1
Delhi-based leading infrastructure consultancy company Rudrabhishek Enterprises Limited (REPL) has reported growth in consolidated revenue from operations by 9.76% in first quarter results (FY 2022-‘23), as compared to the corresponding quarter in previous financial year. The total revenue stood at Rs. 17.03 Crore, while the PAT for the period is Rs. 3.12 Cr. The PAT in Q1 increased by 22.21% as compared to Q1 of previous financial year (YOY). The EBITDA margin has also shown an increase of 8.88%. The strong growth is attributed to sizable work order in hand and faster project executions.
On the first quarter performance of company, Mr. Pradeep Misra (CMD, REPL) said, “We have been able to register growth on all major financial parameters due to a very healthy order book in access of Rs. 400 Crores that we have in hand, and also due to the faster project executions. In this quarter itself, the company has got multiple consultancy projects including – DPR for water supply scheme in Jalpaiguri (WB); third party audit of BharatNet projects (17 States & UTs); DPR preparation under AMRUT 2.0 for Gwalior (MP). We have also been working on multiple stuck-up real estate projects as PMC Consultants for resolution & completion. We have multiple on-going assignments of such projects in NCR.”
Sharing the company’s future plan and vision, Mr. Misra stated that the REPL is expanding rapidly in multiple locations across the country. It has ongoing projects in Ladakh to Kerala, and Maharashtra to Arunachal Pradesh. The company is diversifying in both in terms of geographical presence as well as sectors. In additional to its traditional consultancy of urban planning, GIS, water supply, smart cities etc., the consultancy assignments now include sectors such as Tourism, ICT, Metro Rail and Highways.
Mr. Misra further highlighted that in the coming quarters, the company is looking for both the organic and inorganic growth path. Company is in active pursuit of acquiring stakes in other consultancy firms that are in sectors which are natural extension of REPL’s business domain and have potential to create synergy.
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