* - Tentative Dates
The company intends to utilize the Net Proceeds from the Issue towards funding of the following objects:
1. Funding long-term working capital requirements of the Company; and
2. General corporate purposes.
Hindustan Construction Company Limited's revenue decreased by -8.44% and profit after tax (PAT) dropped by -104.95% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 13,179.93 | 14,225.18 |
| Revenue | 9,912.33 | 10,826.46 |
| Profit After Tax | -27.84 | 562.74 |
| Amount in ₹ Crore | ||
Hindustan Construction Company Limited was incorporated in January 1926. We are one of the largest construction companies and one of the oldest infrastructure development companies in India. The Company is primarily engaged in the following business segments: (i) Engineering and Construction, (ii) Infrastructure Development, (iii) Comprehensive Urban Development and Management and (iv) Real Estate Development. While the engineering and construction business is operated directly by the Company, the other businesses are housed in some of its subsidiaries.
HCC is a pioneer in the Indian infrastructure industry and has executed landmark projects since 1926 that have shaped the country’s progress. Maintaining their legacy of innovation in engineering and construction, they continue to set new milestones with each passing year, building world-class infrastructure and creating new opportunities for all.
The company has an order backlog in four main sectors within the Engineering and Construction segment and for Steiner. The order backlog as of September 30, 2018, on a consolidated basis (including Steiner) was ₹ 28,714 billion, which includes the residual value of work to be performed under existing contracts. 14% of the order book was for the hydropower projects, 39% for the transportation projects, 5% for the water projects, 9% for the nuclear and special projects and 33% for Steiner (excluding the order book of Steiner India as the main contractor for Lavasa). No order backlog is reported for the other divisions.