JMC Projects is in focus as the company has bagged orders worth Rs 634 crores. In an interview to CNBC-TV18, Manoj Tulsian, Whole-Time Director & CFO of the company spoke at length about the order win and gave his outlook for the future.
Tulsian said that for FY19 we are looking at building up our order book around Rs 4,200-4,500 crore.
“Most of the order book which we have declared, Rs 600 crore odd, are all from building segments and they are repeat orders from our existing clients, so they are almost at the similar level of margin,” he said.
Talking about margins, he said our intention is to make sure that the margin level, wherever we have reached, we must protect it, if not improve further.
“This year we should be closing the order book close to around Rs 7,700 crore odd and our waterproof could be close to around 15 percent of the same,” said Tulsian.For entire interview, watch accompanying video.