Hythro Power Corporation is strengthening its market position in its core segments such as E-BoP, Substation & transmission lines. Anil Agrawal- Executive Director of Hythro Power shares his view on the company's future plan.
What is your observation on business scope in the light of current scenario?
The trend is moving towards the EPC concept. Unlike in the past wherein there were multiple packages floated by the customers, today the customers seeks one point solution and accordingly combines multiple packages to get one point EPC solutions. And we, as EPC solution provider, are well poised to take the advantage of this trend.
According to you, what are the major challenges in the sector?
As stated the major operational challenges for power industry are (a) fuel shortages for generation sector, (b) ROW issues and corridor availability issue for TL, (c) financial losses by the utilities (d) shortage and retaining of skilled manpower
Power companies have major plans for capacities, what kind of market share you are loking at for the next five years?
The company shall strengthen its market position in its identified core segments such as E-BoP, Substation & transmission lines. With today's nominal market share, we are heading towards capturing the market share of 3 to 5per cent in each of our core segments within next five years time. And we had our own plans of organic and inorganic growth for the same.
What kind of growth strategy the company has planned in both segments- organic & inorganic?
At this time, I would say we had kept both the options for growth.
Do you have any plan to tap overseas market? If yes, which are the countries you may be looking at?
Yes, we are very much interested in capturing the international market. And we are looking at business opportunities available across the globe especially the African continent and middle-east.
What is the business share of your several verticals in your total sales?
If we see the past the transmission and distribution had been contributing the major share in the total sales. However, we are now focusing on E-BOP and substations apart from transmission lines to contribute equally to the bottom line in next 4-5 years time. And we may downsize the distribution portfolio.
Brief us about your financial performances for the current fiscal so far.
The FY 11-12 has ended with Rs 350 Crore which is almost 33per cent YOY growth. The FY 12-13 has been also satisfactory. However, the actual numbers will be shared through audited reports
Where do you see your company in next five years?
As I said earlier, we are looking for 3 to 5per cent market share in the next five years time w.r.t. our identified core segments i.e. E-BOP, Sub-station and Transmission Lines. Also, we now seek to mark our presence on the world map focusing on African continent and middle east. And in the process we wish to continuously make all the stakeholders happy.
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