Govt sets target to award highway projects worth Rs.5 trillion in 2 years

Around 50,000 kms of road length to be constructed

by Natasha Nadkar

The government has set a target to award highway projects worth Rs.5 trillion within two years. This investment will include construction of around 50,000 kms of road length. The road transport & highways minister Nitin Gadkari has stated that the contracts will be for 44 economic corridors and 10 expressways. Most of these projects will be undertaken on the hybrid annuity model. He believes that these new highways will help to de-congest the existing roadways and reduce the logistics cost by 5-6 per cent. The ministry will raise money through NHAI bonds, monetisation of highways and additional allocation in budgetary support.

References
1. http://economictimes.indiatimes.com/news/economy/infrastructure/highway-projects-worth-rs-5-lakh-crore-planned-in-2-years/articleshow/58740876.cms
CMIE STATISTICS
Unemployment Rate
Per cent
4.8 -0.0
Consumer Sentiments Index
Base September-December 2015
94.7 0.0
Consumer Expectations Index
Base September-December 2015
94.8 0.0
Current Economic Conditions Index
Base September-December 2015
94.6 0.0
Quarterly CapeEx Aggregates
(Rs.trillion) Jun 17 Sep 17 Dec 17 Mar 18
New projects 2.36 1.34 1.30 2.28
Completed projects 0.87 1.21 1.05 1.26
Stalled projects 2.67 0.69 0.95 3.35
Revived projects 0.23 0.34 0.22 0.18
Implementation stalled projects 0.77 0.78 0.59 1.05
Updated on: 22 May 2018 9:20AM
Quarterly Financials of Listed Companies
(% change) Jun 17 Sep 17 Dec 17 Mar 18
All listed Companies
 Income 9.6 7.9 11.9 10.9
 Expenses 9.9 9.0 12.9 18.6
 Net profit -19.8 -18.1 -14.0 -62.8
 PAT margin (%) 5.3 5.5 4.9 3.2
 Count of Cos. 4,493 4,481 4,445 993
Non-financial Companies
 Income 10.2 8.2 13.2 12.7
 Expenses 10.5 8.1 12.4 14.0
 Net profit -25.1 -6.0 12.6 2.8
 PAT margin (%) 5.2 6.2 6.4 9.3
 Net fixed assets 9.2 18.1
 Current assets 78.6 8.6
 Current liabilities 11.0 11.1
 Borrowings 10.4 -5.7
 Reserves & surplus 5.2 9.8
 Count of Cos. 3,471 3,456 3,443 784
Numbers are net of P&E
Updated on: 22 May 2018 9:20AM
Annual Financials of All Companies
(% change) FY15 FY16 FY17 FY18
All Companies
 Income 5.6 1.8 5.5 3.6
 Expenses 5.7 1.9 5.5 2.8
 Net profit 0.0 -10.0 25.8 9.8
 PAT margin (%) 3.1 2.8 3.6 10.0
 Assets 9.5 10.1 7.1 7.1
 Net worth 8.5 11.3 6.6 5.1
 RONW (%) 5.8 4.9 6.0 15.5
 Count of Cos. 25,791 23,882 21,156 37
Non-financial Companies
 Income 4.8 0.9 5.3 3.0
 Expenses 5.0 0.3 5.6 2.0
 Net profit -8.2 19.0 20.5 10.6
 PAT margin (%) 2.0 2.4 3.0 8.7
 Net fixed assets 13.4 17.3 6.1 2.7
 Net worth 7.0 12.0 5.3 3.6
 RONW (%) 4.7 5.2 6.1 17.0
 Debt / Equity (times) 1.1 1.1 1.0 0.2
 Interest cover (times) 1.9 1.9 2.1 16.2
 Net working capital cycle (days) 66 65 62 27
 Count of Cos. 21,034 19,996 17,659 28
Numbers are net of P&E
Updated on: 20 May 2018 10:09PM

Time-series available from 2007-08 onwards