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Chairman’s Message 2016 2012/ 2013/ 2014 / 2015 / MD’s Message
Dear Stakeholders,

I am happy to inform you that SPML Infra has become the only Indian company to be featured into the World’s Top 40 Private Water Management Companies as per the report published by Global Water Intelligence.
 
     


Indian economy is now on the threshold of a major transformation with positive business sentiments and controlled inflation. Higher spending on infrastructure development, speedy implementation of projects and major policy reform initiatives will further escalate the growth of infrastructure sector. The good monsoon and passage of GST will help the economy maintain its growth trend to reach the GDP growth of 8%.

The Company sees good business prospect in urban infrastructure sector after the government has initiated several new programs. The ambitious 100 Smart City development, the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme for development of infrastructure in 500 towns and cities, Swachh Bharat Mission for clean and affordable sanitation facilities, National Mission for Clean Ganga (NMCG), Roads & Highways development projects, Power and Railway Projects etc with dedicated budgets has contributed to the growth. There have been positive moves on the policy front, in areas related to ease of doing business, promoting start-ups, rationalizing tax structure and administration reforms, opening up more areas for foreign investment, land acquisition reforms, GST bill etc.

The year 2015-16 has been a good year for your Company. As the Indian infrastructure sector recovered, your Company competently positioned itself ahead of the competition and accomplished through a combination of structural improvements, continuing emphasis on our strengths and added thrust in project execution and completion. Your Company recorded revenues of Rs.1,459 crores; EBITDA of Rs. 215.55 crores with CAGR growth of 64.5%.

The Company received new projects from Madhya Pradesh, Rajasthan, Telangana, Uttar Pradesh and West Bengal worth about Rs. 1200 Crores. The year also saw the commissioning of several projects including the 200 MLD Water Treatment Plant at Surajpura, Rajasthan to enhance the existing treatment capacity from 400 MLD to 600 MLD. With the new treatment plant, water supply to Jaipur city will be increased to cover newly developed colonies and other areas to reduce the city’s dependence on existing sources and consequently bring down pressure on the ground water; and two packages of Swarnim Gujarat Water Supply project with laying of 76 kms 2300 & 2400 mm dia of 16 mm thickness MS Pipeline for bulk water transmission with pumping stations. Also commissioned Kalisindh Concrete Gravity Dam in Jhalawar, the biggest concrete dam of Rajasthan executed as per international standards to supply 1200 million cubic feet water to 1200 MW Kalisindh Super Thermal Power Project for power generation.

The smart city development project in Ujjain is in full swing and we expect that to complete it within the time schedule. The main objective of this township is to initiate industrial expansion that will drive manufacturing growth with economic development and employment generation. The urban water supply projects in 6 cities of Karnataka and Delhi is progressing well and we will be able to provide drinking water facilities to almost 2 million people of these cities.

Our indigenously developed Integrated Management Information System (IMIS) has been well received by several water utilities and after implementing this system, the water loss has been considerably reduced and revenue increased significantly with better consumer services in Delhi and Karnataka. In going forward with smart cities development, this integrated system will be immensely helpful for water utilities to reduce water losses (Non-revenue water) and increase their revenue and service standards. We are happy to inform you that the system has won several awards – NetApp Technology Award 2016; CBIP Award 2016 for Optimum and Efficient Utilisation of Water Resources; ASSOCHAM’s ICT for Development Award 2015; and NDTV & CISCO’s Digitizing India Award 2015 under the category of Smart City Solutions Provider for implementing IMIS among several others.

Your Company has achieved a significant milestone for the third consecutive years to become the only Indian company featured into World’s Top 40 Private Water Companies as per Global Water Intelligence, London.

The Company has always accorded highest importance to health & safety in its planning and execution in all projects. A dedicated and qualified team for HSE is provided with support from each project for compliance. The Company also focuses on other aspects that are important for the development, including initiatives in the areas of corporate governance, employee training and enhancement programs, client services etc. The company’s expertise is well recognised by industry associations, government agencies and others with representation of officials in national level expert committees and task forces.

I believe your Company has been able to maintain its growth momentum last year. Given the present economic indications and the plans developed for the future, I am confident that your Company will continue to better its performance in the coming years.



I would like to express our gratitude for your confidence in us. I would also acknowledge the constant support of our board members for their valuable guidance and contribution. I would also like to convey sincere thanks to our esteemed clients, suppliers, bankers, auditors, employees for their continued support and commitment to the company. We remain strongly committed to creating great value with all of our stakeholders.

Before I conclude, I would like to assure you again that your Company has put appropriate plan, policies and strategies to achieve growth with quality and profitability.
 
Investor Presentation
 
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YEAR > 2011-12
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YEAR > 2009-10
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YEAR > 2006-07
YEAR > 2005-06
Sincerely
Subhash Chand Sethi
Chairman,
SPML Infra Limited
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