FINANCIAL CAPITAL

Restoring Financial Performance for Growth

Building a strong balance sheet is vital for the long-term success and stability of a company. At our company, we place a strong focus on generating free cash from operations as a key driver of financial strength. Over the past two years, we have taken steps to fortify our balance sheet by infusing capital. We are committed to working on carefully chosen projects, maintaining control over project and management planning, and optimizing our sector mix. By doing so, we aim to ensure that our projects remain on track and deliver optimal results while maintaining a healthy financial position

After successfully completing a rights issue in the previous year, our focus shifted to effectively deploy the fresh capital in the current year. The company’s growth over the past year can be attributed to the efficient management of working capital. We place a strong emphasis on timely collection of receivables and retentions. Furthermore, we are actively working on enhancing our delivery capabilities to drive profitability across our portfolio.

As part of our ongoing transformation program, we are strengthening key processes, ranging from estimation to project management. We have a special focus on leveraging new age technologies and digital interfaces to improve efficiency. Technology investments are being made to enhance execution capabilities, digitize operations, and streamline business continuity by aligning our ERP system. Additionally, we recognize the importance of investing in a resilient supply chain. By making these investments, our goal is to achieve profitability, transform our business, and take our company’s to new heights. Our strategies revolve around having improving growth, driving execution and revenue, and bolstering the bottom line. We are committed to having predictable project delivery leading to sustainable and predictable financial results, being cost conscious and optimising overhead costs.

Impact Measurement