Crisil predicts a 5-7% revenue growth slowdown for road EPC companies due to fewer awarded national highway projects.

Crisil predicts a 5-7% revenue growth slowdown for road EPC companies in the next fiscal year due to fewer awarded national highway projects. Despite this, credit profiles are expected to remain stable due to consistent operating profitability and strong balance sheets. Factors contributing to the slowdown include procedural delays, shifts to build-operate-transfer models, and election restrictions. However, lower raw material prices help maintain operating profitability at 13-14%.

August 27, 2024
107 Articles

Further Reading