Engineering - Construction
|Market Cap||50 Cr||EPS||-31.6||High||22.3|
|Stock P/E||0.0||Net Profit Margin||5.2||Low||21.65|
|Market Cap||50 Cr||ROE||0.0%|
|P/B Ratio||-0.4||Dividend Yield||0.0%|
|Industry P/E||31.8||Book Value||-53.4|
About the Company
The company was originally incorporated as ARSS Stones Private Limited on May 17, 2000 under the Companies Act. The name of the Company was changed to ARSS Infrastructure Projects Private Limited with effect from May 20, 2005. The Company was converted to a public limited company pursuant to a special resolution of the shareholders passed at the Extraordinary General Meeting held on November 15, 2005 and the Registrar of Companies; Orissa issued a fresh certificate of incorporation on April 3, 2006 in the name of ARSS Infrastructure Projects Limited. The Promoters of the company are Rajesh Agarwal, Subash Agarwal, Sunil Agarwal, Anil Agarwal and Mohanlal Agarwal.
It started as a construction company in the field of railway infrastructure development. The company has developed an expertise in railway construction projects, which include earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc. It executes orders for clients like Rail Vikas Nigam Limited, RITES, IRCON International Limited and railway authorities spread across various zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. Over the years the company has acquired the strategic equipment, intellectual know-how and technical manpower needed for executing railway works – for eg. sophisticated design, drawing, and software.
The Company is engaged in construction activities in India. It undertakes construction of railway infrastructure, roads, highways, bridges and irrigation projects. It started as a construction company in the field of railway infrastructure development, mainly in the state of Orissa and subsequently expanded the business activities in the zonal jurisdictions of East Coast Railway, South Eastern Railway, South East Central Railway, Southern Railway and North Western Railway. The company has developed expertise in railway construction projects, which includes earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc. Over the years the company has diversified the field of activities into other construction segments such as development and construction of roads, highways, bridges, irrigation projects, EPC activities for railways. It successfully completed over 200 km rail line and more than 300 km of roads and highways.
The Company has a centralized tender department headed by General Manager- Business Development, which is responsible for applying for all pre-qualifications and tenders. The tender department evaluates the credentials of the Company vis-à-vis the stipulated eligibility criteria. The company endeavors to qualify on its own for projects in which the company proposes to bid. In the event that the company does not qualify for a project in which it is interested due to eligibility requirements relating to the size of the project or other reasons, the company may seek to form project-specific joint ventures with other relevant experienced and qualified contractors, using the combined credentials of the cooperating companies to strengthen the chances of pre-qualifying and winning the bid for the project.
The company is having presence in Eastern India, particularly in the state of Orissa. However, in recent years the company has pursued opportunities in other parts of India including states of Chhattisgarh, Rajasthan, Jharkhand, Haryana, Kerala, Andhra Pradesh, Assam, Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh and Madhya Pradesh.
The company has entered into following joint venture agreements: -
The company’s clients include Ministry of Railways, State Government of Orissa, Rail Vikas Nigam Limited, RITES Limited, IRCON International Limited, National Thermal Power Corporation, Hindustan Steel Corporation Limited, PWD - Orissa, IOCL, National Highway Authority of India, Vendata, Nalco, Jindal Steel & Power Limited, etc.
2000 - The Company ARSS Stones Private Limited was incorporated with its identity as ARSS Stones Private Limited. -The Company established a crusher unit at Nityananpur, in the district of Dhenkanal, Orissa.
|Parent Organisation||ARSS Infrastructure Projects Ltd.||Managing Director||Rajesh Agarwal|
All values are in Rs Cr
|Company||52 Week||Market Price||P/E Ratio|
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