Bid capacity is the lever
Eligibility for larger packages moves with net worth, not with capability — the plant and the team are already in place.
02 — Performance
Bid capacity is the lever.
Turnover across seventeen financial years peaked at ₹153 Cr in FY 2018-19 on the back of large EPC awards, and tracks the size of the order book in any given year. Growth from here is a function of bid capacity, which scales directly with net worth.
Historical revenuesKm 02 · Performance
09-1010-1111-1212-1313-1414-1515-1616-1717-1818-1919-2020-2121-2222-2323-2424-2525-26
Annual turnover Peak — FY 2018-19
Annual turnover, ₹ crore. Values for FY 2009-10 to FY 2011-12 not stated.
Financial outlook
What a stronger balance sheet unlocks.
Eligibility for larger packages moves with net worth, not with capability — the plant and the team are already in place.
FY 2025
FY 2026
FY 2027
FY 2029
FY 2030
Max bid capacity Single biggest work Gross revenue
Forecast · ₹ Crore · assumes PE / debt infusion.
Order book covers the base
₹170 Cr of confirmed work underwrites the current cost base while new capacity is built.
Owned plant protects margin
Roughly 80 owned machines remove hire costs and mobilisation risk on remote packages.
03 — The market
Why now
India runs the second largest road network in the world, and the build-out is accelerating. The projects coming to tender are exactly the EPC, HAM and PPP formats SSR Crest already delivers — the constraint on capturing them is balance sheet, not capability.
₹2.76 Lakh Cr
Central Government’s continuing commitment to infrastructure projects — roughly US $33 billion, with roads taking the largest share.
1.46 Lakh km
Existing national highway network, the second largest road system in the world after the United States.
20,000+ km
New national highway construction planned over the next two years, on top of ongoing widening and maintenance contracts.
9,000+ km
Greenfield expressways planned — long, high-value corridors suited to contractors with owned plant and batching capacity.
What this means for SSR Crest
- Every state government is now funding roads and connectivity as a core citizen service, widening the tender pool well beyond national highways.
- Most future work will be floated as EPC, HAM or PPP — the modes the company has already executed and can readily scale into.
- A deeper project pipeline is raising demand for specialised construction expertise and for contractors who own their plant rather than hire it.
Key customers
National HighwaysR&B TelanganaPanchayat RajTSIICTribal WelfarePublic HealthIrrigationTSPSCAPSPHCAPEWIDCVSP
The ask
With private equity or debt, bid capacity rises from ₹800 Cr to ₹3,000 Cr by FY 2030 — and the single biggest work the company can tender for triples to ₹1,200 Cr.
Destination · FY 2030 — With the balance sheet in place, the company can tender for single packages of up to ₹1,200 Cr — three times today’s ceiling.