"We are expecting to grow by 75 apiece cent by last part of FY12 to chronometer a revenue of Rs 350 crore, compared to Rs 200 crore in FY10 going away by our growing order books," Om Metals Executive Director Vikas Kothari told PTI at this point.
Talking not far off from profit similar to burden (PAT), he thought the company is expecting to stake profit of Rs 35 crore in FY11, contrary to Rs 26 crore in the carry on economic time.
"By FY12, we find out 13 apiece cent growth in PAT," he added.
The company, which on track 40 years before by building vessel gates with the aim of control the pour of stream, has grown-up into a leading hydro mechanical safe of the terrain, he thought.
He thought the company has an order put your name down for worth Rs 1,200 crore, of which Rs 850 crore are outstanding.
The company besides campaign to foray into another organization inside the engineering construction hole, civil construction, power place between others, Kothari thought.
Om Metals is besides looking by the side of overseas organization opportunities through acquisitions, he thought.
The company is already give to in neighbouring countries like Bhutan, Vietnam and Nepal in place of its hydro-mechanical projects.
"Now we are looking to get bigger into major markets like Europe in hydro power and marine make up through acquisition or hang out venture," he thought.
The company enjoys up to 70 apiece cent marketplace share and has a marketplace capitalisation of Rs 485 crore.
Apart from the specialised engineering segment, the company is besides into boutique lodge organization in Jaipur and infrastructure, like building docks and multi-product SEZ in public-private affiliation in Puducherry.
The company besides has soil banks in Delhi, Hyderabad, Kota, Jaipur and Mumbai in place of real estate projects, Kothari thought.
Shares of the company at the moment congested by the side of Rs 44.60, down by 0.55 apiece cent, on the Bombay Stock Exchange.