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SUNIL HITECH ENGINEERS LTD. An ISO 9001:2008 & OHSAS 18001:2007 Company. Disclaimer
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SUNIL HITECH ENGINEERS LTD. An ISO 9001:2008 & OHSAS 18001:2007 Company Disclaimer “This document has been prepared by Sunil Hitech Engineers Ltd. This Document is subject to changes without prior notice and is intended only for the person or entity to which it is addressed to and may contain confidential and/or privileged material and is not for any type of circulation. Any review, retransmission, or any other use is prohibited. Kindly note that this document does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. This document is prepared for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. Each recipient of this document should make such investigations as it deems necessary to arrive at an independent evaluation, for any decision and should consult its own advisors to determine the merits and risks of such decision. We do not undertake to advise you as to any change of our views. This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation.
About us… • Starting off in mid 1980s as subcontractor erecting power plant equipment, RatnakarGutte CMD of Sunil Hitech Engineers Ltd. has steers his company into midsized company in a span of just two years. • We transformed ourselves from a sub contractor for installation and erection of steel super structures to a responsible and resourceful Organisation engaged in EPC & Turnkey contracts for Thermal Power Plants • Today, we assist global power companies in boiler, turbine installation works and stand tall in the elite league of Balance of Plant Players.
History At a Glance……. • In 1984 Sunil Hitech was formed by taking over of proprietorship concern M/S sunil Engineers Works with Shri Ratnakar M. Gutte as a proprietor. • Sunil Engineering Works renamed Sunil Hitech Engineers Limited in 1998 and provides services comprising the design, fabrication, erection and commissioning of balance-of-plant projects (excluding the boiler, turbine and generator assignments) for power plants.
An ISO 9001:2008 AND OHSAS 18001:2007 Company ISO CERTIFICATE & OHSAS CERTIFICATE
VISION • To contribute to the development of the power, steel and process industries as well as related infrastructure. • To meet quality, quality, price and schedule benchmark and consistently satisfy customers.
MISSON • To develop, implement innovative construction and onsite implementation methods to meet the best industrial standards. • To continuously improve on cycle time reduction and the improvement of the construction methods applicable for the power, process and infrastructure industries and enhance safety standards.
Key Milestones 2010 2009 2006 • First Order for BOP Package for U-8, 250 MW from MSPGCL at Parli Vaijnath MS. • Complete Civil, Structural and Architectural Work of MSPGCL, Koradi & Jhabua Power Ltd. 2005 2004 Complete Civil, Structural and Architectural Work of 2X250 MW BTG Area of MPPGCL, Sarni MP. Listed on Bombay Stock Exchange & National Stock Exchange with 9 times over subscription of IPO 1998 1994 Company rechristened as ‘Sunil Hitech Engineers Ltd’ (Non listed limited company) Again a major break-through order from NTPC 1983 Incorpor-ated with name “Sunil Hitech Engineers Pvt Ltd Mega order from BHEL at Chandrapur M/S Sunil Engineers Works with Sh. Ratnakar Gutee as a proprietor.
HUMAN RESOURCE PLANING People Power is the secret of our growth…… • Manpower is our first asset. It still remains the bedrock of our success. • We go to extreme lengths to ensure the safety of our employees and team members. • Our recognition and reward for achievement begins at the workmen’s level. • We have set up an in-house training school that trains around 50 student every year. Students from the training school are hired by reputed companies giving a fillip to their career.
AWARDS & RECOGNITION Our Chairman & Managing Director Mr. Ratnakar Gutte was honored with many national level awards in recognition of his services- • “MARATHWADA GAURAV AWARD” by Maharashtra State Government • “Bharat Vibhusan Samman-2009” by The Indian Organization for Commerce and Industry. • “ NCCL Entrepreneur of the year, 2007-08” by Nagpur Chamber of Commerce Limited. • “ Great Achiever in Industrial Excellence Award 2004” by IOCI. e. “Life Time Udhyog Achievement Award 2004” by EGSI.
FINANCIAL (CONSOLIDATED) (Rs in Crores)
ORDER BOOK POSITION There is a marginal change in order book position on Q on Q basis due to completion of old projects.
REVENUE GROWTH Top line of the company has increased by 36.75% on Q on Q. Due to better and faster execution of Project at different sites we have achieved Revenue Growth of Rs 238.82 Crores as compare to Rs 174.64 Crores.
PROFIT BEFORE TAX Profit after tax has increased to Rs 23.53 Crores from Rs 12.70 Crores on Q on Q basis and registering the growth of 85.27 %.
PROFIT AFTER TAX There is an positive inflow in profit after tax on Q on Q basis by registering a growth of 127.43 %. Its shows the profitability of the company on higher side.
INTEREST COST There is an increase in Interest Cost by 68.26 % on Q on Q basis. This is mainly due to change in lending rates of Banks.
OPERATING EXPENSES Operating Expenses has increased by 32.55 % on Q on Q basis because of increase in scale of operations of the company.
EMPLOYEE COST Due to better utilization of Manpower the employee cost has decrease to 4.62% from 5.90% (as an percentage of sales) on Q on Q basis.
PAN INDIA PRESENCE Marginal increase in the employee cost by 7.09% on Q on Q basis. The induction of highly qualified professionals at Different levels as technical and administrative level for excellence in overall performance of the company has resulted this increase in Employee cost.
National Thermal Power Corporation Ltd. Bharat Heavy Electricals Ltd. Larsen & Toubro Limited Reliance Energy Limited Jindal Steel & Power Ltd. Hindalco Industries Ltd. Gujarat State Electricity Corporation Ltd Maharashtra State Power Generation Company Ltd. JSW Energy Ltd. And JSW Steel Ltd. VALUED CUSTOMERS Maharashtra State Transmission Co. Ltd. Hindustan Steelwork Construction Ltd Bharat Aluminium Company Ltd. Rajasthan Rajya Vidyut Utpadan Nigam Ltd. Chattisgarh State Electricity Board TATA Projects Ltd. Tamil Nadu Electricity Board Jaypee Group Madhya Pradesh State Elect Board
M/s Sunil Hitech Engineers Ltd. 97, East high Court road, Ramdaspeth Nagpur-440 010 Tel. : 0712-2562087/3045200 (300 lines) Website : www.sunilhitech.com Thank You
