Medici Firma's research report on RPP Infra ProjIncorporated in 1988, RPP Infra Projects Ltd. is engaged in civil construction, infrastructure, construction of roads, water pipeline projects, industrial structures and irrigation projects. The company is headquartered in Erode, Tamil Nadu and executes projects primarily in the states of Karnataka, Andhra Pradesh, Tamil Nadu and the Union Territory of Andaman Nicobar Islands. As of April 2016, RPP Infra has an order book of approximately Rs.780 crores (2.4x of TTM consolidated revenue).RPP Infra has seen steady growth across its execution trajectory over the past few quarters. The company is relying on its core strength of executing projects at a fast pace on EPC basis in order to manage large book at relatively less amount of liquidity. The model has helped the company to maintain strong margins.In FY16, RPP Infra is expected to expand its topline by approximately 20%-22% with 50 basis to 75 basis points dent in operating margins on lower execution in the last two quarters. However, the trend is expected to improve over the next few quarter with higher margins in FY17.For all recommendations, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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