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
4.6 -0.0
Consumer Sentiments Index
Base September-December 2015
96.3 +0.7
Consumer Expectations Index
Base September-December 2015
95.7 +0.9
Current Economic Conditions Index
Base September-December 2015
97.3 +0.5
Quarterly CapeEx Aggregates
(Rs.trillion) Dec 16 Mar 17 Jun 17 Sep 17
New projects 2.33 3.83 2.07 1.03
Completed projects 1.01 1.94 1.16 1.00
Stalled projects 1.14 0.73 2.67 0.67
Revived projects 0.18 0.67 0.30 0.29
Implementation stalled projects 0.83 0.33 0.68 0.62
Updated on: 15 Dec 2017 8:20PM
Quarterly Financials of Listed Companies
(% change) Dec 16 Mar 17 Jun 17 Sep 17
All listed Companies
 Income 6.2 10.2 9.8 8.2
 Expenses 6.3 11.9 10.0 9.4
 Net profit 40.2 16.0 -19.6 -18.1
 PAT margin (%) 6.0 6.0 5.3 5.6
 Count of Cos. 4,509 4,444 4,325 4,156
Non-financial Companies
 Income 5.9 11.8 10.4 8.1
 Expenses 7.2 15.6 10.6 8.0
 Net profit 24.5 -2.3 -25.0 -5.4
 PAT margin (%) 6.2 6.2 5.2 6.4
 Net fixed assets 6.9 9.3
 Current assets 2.7 80.1
 Current liabilities 8.8 10.2
 Borrowings 4.8 10.5
 Reserves & surplus 6.3 5.3
 Count of Cos. 3,484 3,440 3,358 3,226
Numbers are net of P&E
Updated on: 15 Dec 2017 8:20PM
Annual Financials of All Companies
(% change) FY14 FY15 FY16 FY17
All Companies
 Income 10.0 5.2 1.1 6.7
 Expenses 9.9 5.2 1.2 6.9
 Net profit -2.3 1.4 -13.1 20.6
 PAT margin (%) 3.2 3.2 2.9 6.4
 Assets 12.3 9.4 9.7 8.6
 Net worth 9.6 8.7 10.6 7.9
 RONW (%) 6.2 6.1 5.1 9.2
 Count of Cos. 24,045 23,818 20,791 4,756
Non-financial Companies
 Income 9.7 4.3 0.1 6.7
 Expenses 9.3 4.5 -0.6 7.5
 Net profit -2.7 -5.8 11.6 14.6
 PAT margin (%) 2.2 2.1 2.6 6.3
 Net fixed assets 11.6 13.3 15.5 7.3
 Net worth 8.1 7.1 11.0 6.3
 RONW (%) 5.1 4.9 5.4 10.3
 Debt / Equity (times) 1.1 1.1 1.1 0.7
 Interest cover (times) 2.0 1.9 2.0 3.4
 Net working capital cycle (days) 69 67 66 49
 Count of Cos. 19,288 19,270 17,281 3,624
Numbers are net of P&E
Updated on: 04 Dec 2017 11:59AM

Data added for HPI at Assessment prices and HPI at Market prices