PUNJ LLOYD

1) Introduction
Punj Lloyd is an international EPC contractor providing services for
energy, infrastructure and defence sectors. Punj Lloyd operations
are spread across the Middle East and Africa, the Asia Pacific, South
Asia and Europe. Punj Lloyd has 50+ subsidiaries and has executed
a diverse range of projects in 60+ countries. Its main offices are in
Gurgaon, Haryana and its stock is listed on the Bombay Stock
Exchange and also on National Stock Exchange of India.
Its corporate headquarters at New Delhi, India, its various regional
and other offices are situated in:

 Bangladesh
 China
 Hong Kong
 India
 Kazakhstan
 Kenya
 Kuwait
 Libya
 Myanmar
 Malaysia

The Company provides integrated design, EPC and management

services for infrastructure projects, including roads, highways,
flyovers, bridges, elevated railroads and railways. The Company
operates in four segments: Oil and Gas, Buildings & Infrastructure
and Power. Its oil and gas business includes pipelines, storage tanks
and terminals including cryogenic tanks, and refineries. Punj Lloyd
has successfully executed complex process plants including
Hydrocracker Units on a turnkey basis, Hydrogen, Motor Spirit
Quality Upgradation, Sulphur Blocks, Visbreaker, Crude and
Vacuum Distillation for modernisation and expansion of refineries.
The Buildings & Infrastructure and Power business of the Company
comprises all elements of both urban and rural infrastructure
creation including construction of roads and highways, airports,
metro, buildings among others.

Vision

To be the company of choice for our clients in our global markets,

for all our business, drive by entrepreneurial spirit, cutting edge
technology and execution excellence.

Mission

We will deliver reliable, high- quality solutions for global

infrastructure, always ensuring that integrity, safety, and
sustainability are at the heart of everything we do.

Value

Performance

Passion

Teamwork

Agility

Reliability

2. Company overview:-
Punj Lloyd Ltd., incorporated in the year 1988, is a Small Cap
company (having a market cap of Rs 764.82 Crore) operating in
Construction sector.
Punj Lloyd Ltd. key Products/Revenue Segments include Contract
Revenue which contributed Rs 2727.86 Crore to Sales Value (81.48
% of Total Sales), Traded Goods which contributed Rs 556.93 Crore
to Sales Value (16.63 % of Total Sales), Income From Management
Services which contributed Rs 59.94 Crore to Sales Value (1.79 % of
Total Sales) and Income From Hire Purchase which contributed Rs
3.09 Crore to Sales Value (0.09 % of Total Sales) for the year ending
31-Mar-2016.
For the quarter ended 30-06-2017, the company has reported
Standalone sales of Rs 977.34 Crore, up 9.82 % from last quarter
Sales of Rs 889.98 Crore and up 10.11 % from last year same
quarter Sales of Rs 887.57 Crore Company has reported net profit
after tax of Rs -194.32 Crore in latest quarter.
The company’s top management includes Mr.Atul Kumar Jain,
Mr.Atul Punj, Mr.Phiroz Vandrevala, Mr.Rajat Khare, Mr.Shiv Punj,
Mr.Shravan Samarth, Mr.SNP Punj, Mr.Uday Walia, and Ms.Jyoti
Punj. Company has Walker, Chandiok & Co.LLP as its audito Rs As
on 30-09-2017, the company has a total of 335,445,745 shares
outstanding.
Punj Lloyd share holding

percentage

promoters

general public

foreign promoters

others

financial instiutions

foreign promoters
History of the company:-
In 1998- The birth of Punj Lloyd Engineering Private Limited
In 1989- Renamed Punj Lloyd Private Limited
In 1992- Becomes Public Limited and wins its first overseas pipeline
contract In Indonesia
In 1993- Gets it first Middle East Contract for Field Development
In 1999- 1st Road project, Vadodara-Halol Toll way, India
In 2002- Gains entry into the Caspian with KAM pipeline, Kazakhsta
n
In 2004- EPC Tank Contract in Asia Pacific, Bulk Liquid Terminal,
Singapore
In 2005- 1st Thermal Power Plant, Jindal, India
- Punj Lloyd has fixed its IPO price at Rs 700. The company has
Come
- Out with public issue of 91.7 lakh shares, which include fresh
Issue Of 83.5 lakh shares and the rest was offer for sale, with a
Price Band of Rs 600-700 for Rs 10 share.
In 2006- Became a listed company
-Acquires Singapore-based Sembawang and Simon Carves, UK
-Launches new brand identity
In 2007- Punj Lloyd Upstream Ltd incorporated in April 2007 to add
ress the Opportunities in the Integrated Drilling Services market.
- Punj Lloyd to acquire 25.1 % stake in Pipavav Shipyard Ltd
In 2008- Acquires 74% in Techno dyne International UK. This design
capability will make Punj Lloyd an end-to-end service provider in ta
nks and Terminals
In 2009- Punj Lloyd Group launches into Solar Utility Projects
In 2010- Punj Lloyd has bagged an order worth Rs 960 million from
the Hyundai Engineering & Construction Company.
- Punj Lloyd Ltd has informed that Sembawang Engineers and
Constructors Pte Ltd, a subsidiary of the Company has been award
ed a contract worth approximately Rs. 1394 crore (Rupees one thou
sand three hundred and ninety four crores) from Sentosa Pte Ltd Si
ngapore for construction of Hotel, Spa, Beach Villas, an Oceanarium
and Water Theme Park in Singapore.
In 2011- Punj Lloyd Group has signed a 25 year Power Purchase Agr
eement with NTPC Vidyut Vyapar Nigam Ltd (NVVN) for sale of pow
er from a 5 MW PV based Solar Power plant to be built at Phalodi a
rea of Jodhpur district in Rajasthan.
In 2012- Punj Lloyd Group receives a letter of award from Delhi Poli
ce for Rs. 1300 crore social infrastructure project.
-Company wins Rs 153 cr order from Singaporean company.
-Company wins Rs. 664 crore residential Infrastructure projects
In 2013- Punj Lloyd wins project worth Rs 358 crores from Chennai
Petroleum Corporation Ltd.
-Punj Lloyd wins Subsea Pipeline Project in Mumbai Project worth
Rs 730 crores
In 2014- Punj Lloyd gets Rs 3254 crore Buildings and Infrastructure
project.
-With Rs. 1400 crore Tankage order Punj Lloyd ventures into a new
Country in Kuwait.
In 2015- Punj Lloyd Group secures INR 666 crore Asian Highway con
tract from the Ministry of Road Transport & Highways.
- Punj Lloyd earns third road project from NHAI in Bihar
-Punj Lloyd receives two orders from NTPC for rural electrification
Of Puri and Koraput in Odisha.
In 2016- Punj Lloyd announces four Highway contracts worth Rs 15
55 crore pan India
-Punj Lloyd wins Pipeline contracts worth Rs. 2,070 crores (US$ 304
Million) in Oman
-Punj Lloyd wins Rs 308 crore infrastructure order in Dubai.

3. Strategies used by the company:-

diversification
(1992-2004)

integration
(2004-2008)

divestment
(2013-present)

Diversification of the company:-

 Punj Lloyd fallows the corporate level strategy. Punj Lloyd
was established as a company who took Contracts only for
gas & oil pipeline.
 Then emerged as a globally known EPC (Engineering
Procurement & Construction) conglomerate.
  In 1992 to 2004, the company invested in various different
projects of different stream i.e. infrastructure, pipeline
and nuclear & thermal plant sector.
Integration of the company:-
 Punj Lloyd are fallows the horizontal integration level of
strategy.in this strategy company’s acquisition of similar
or a competitive business.
 Acquires Singapore-based Sembawang and Simon Carves,
UK.

 Punj Lloyd to acquire 25.1 % stake in Pipavav Shipyard Ltd.

 Acquires 74% in Techno dyne International UK. This design
capability will make Punj Lloyd an end-to-end service
provider in tanks and Terminals.
Divestment of the company:-
 Divestment can be part of following either a corporate
optimization strategy or political agenda,
when investments are reduced and firms withdraw from a
particular geographic region or industry due to political or
social pressure.
 The most common reason for divestment is the selling of
non-core businesses. Companies may own different business
units that operate in different industries that can be very
distracting for their management teams.
 4. Financial status of the company
The quarterly financial statement of the company

Source: - money control

 Financial statement of the company:-

Source: - economics times

 Profit and losses of the company:-

Source: - economics times

 The historical price of the company:-

ource