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Nila Infrastructures Ltd.

BSE: 530377 Sector: Infrastructure
NSE: NILAINFRA ISIN Code: INE937C01029
BSE 00:00 | 05 Mar 5.17 -0.20
(-3.72%)
OPEN

5.45

HIGH

5.45

LOW

5.14

NSE 00:00 | 05 Mar 5.20 -0.10
(-1.89%)
OPEN

5.25

HIGH

5.35

LOW

5.15

OPEN 5.45
PREVIOUS CLOSE 5.37
VOLUME 28961
52-Week high 8.26
52-Week low 2.19
P/E
Mkt Cap.(Rs cr) 204
Buy Price 5.17
Buy Qty 306.00
Sell Price 5.21
Sell Qty 964.00
OPEN 5.45
CLOSE 5.37
VOLUME 28961
52-Week high 8.26
52-Week low 2.19
P/E
Mkt Cap.(Rs cr) 204
Buy Price 5.17
Buy Qty 306.00
Sell Price 5.21
Sell Qty 964.00

Nila Infrastructures Ltd. (NILAINFRA) - Chairman Speech

Company chairman speech

Dear Readers

It is genuinely a memorable moment of immense pleasure for us as we recount experienceduring our first full year of specific operations ideologically based on the LighterFitter and Faster platform that meticulously crafted a pure Infrastructure Company solelyfocusing on Civic Urban Infrastructure.

Consequent to the demerger of the real-estate enterprise into the Resultant Company wehave carefully recalibrated focused and channelized all our valuable resources towards asole business. This financial year has come to be a memorable one and has positivelyemerged as a year of certain 'firsts'. We have been competent to achieve the mostsignificant ever revenue in a financial year from our sole business endeavour viz.development and construction of Civic Urban Infrastructure. Our notable achievements alsoconfirm the Company is heading in the appropriate strategic direction with granderexpectations of us. As a pure Infrastructure Company we must fulfil to keep growing notonly as a civil EPC Company but also as an Affordable Housing Specialist.

In another historic first we are humbly thrilled to have touched the total AffordableHousing responsibility of 13595 Dwelling Units in aggregate; while 4911 dwelling unitswere progressively delivered during the last few years. Right from our successful forayinto the social Affordable Housing space in FY2012 we accurately maintained a profoundconviction that this could be one of the biggest growth drivers for the Company in theupcoming years. While on other civic urban infrastructure orders the Company isprogressing satisfactorily. Such functional diversity is a result of a well-thought andwell-deliberated strategy for building a robust order-book - it is by design.

As we had envisioned the industrial ecosystem of Mandal Becharaji region is evolvingorganically as the next auto and engineering-hub of the country. We are constructivelycontributing to the inclusive development by progressively opening-up our industrial andlogistics parks in optimal alignment with the build-up of the green-field capacities.These modern parks satisfactorily cater to the unique requirements of the mighty auto-MNCgiants as well as parts suppliers 3PL players by practical way of Built-To-Suitinfrastructure e.g. warehouses and dormitories. We had correctly anticipated this much inconsiderable advance have effectively positioned the Company to fully reap the benefitsof the opportunities that swift economic progress will open up and for that matter it isreasonably estimated to be incredible.

Looking ahead in the face of global economic volatility and imminent risks driven bysociopolitical factors India's macro fundamentals are sound. The infrastructure sectorhas typically been the government's biggest focus area for several years now and shallundoubtedly continue to remain for years to follow. The increased impetus for acceleratinginfrastructure development will further open up vast opportunities for civil constructionplayers. With the Company's core-competence in buildings industrial and civic urbaninfrastructure; we are geared-up well-placed and look forward to assertively capitalizeon this prospective opportunity. The Company will faithfully continue to see the growth isachieved in conjunction with sustainable profitability by driving the operationalexcellence to ensure our project delivery materializes on time within budgets andcomplies with stipulated quality norms of our clients.

I would like to heartily thank all responsible stakeholders - including employeesloyal clients business associates lenders; for their valuable support during thissuccessful transition and stabilization. On behalf of my fellow Directors and the CompanyI renew our specific pledge to remain passionately committed towards our ardent zeal tosatisfactorily establish a pure infrastructure company focused on civic urbaninfrastructure.

With best wishes Sincerely Manoj B. Vadodaria

Chairman and Managing Director

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