Maytas Infrastructure Ltd is implementing 30 projects across four verticals like building and structures, water and irrigation, transportation and energy. The order book size of the company right now is about Rs 5,600 crore including partnerships. At any given point of time the company pursues nearly 4-5 jobs in every vertical, said P K Madhav, director and chief executive officer of the company.
Speaking to media persons here on Tuesday, he said, right now irrigation sector accounts for 37% of the order book, roads and bridges account for 31% and the balance 32% is shared by other segments like railways, power, oil and gas and buildings. “Going forward, say in the next 3-5 years, the share of all the verticals in the overall order book will be even. We are currently chasing about 10-12 projects worth Rs 2,000 crore to Rs 3,000 crore. The company will pursue every business opportunity which is spotted. For instance, in the water and irrigation sector we will participate in the entire gamut of water transportation, water treatment plants, desalination project etc,” he said.
In terms of turnover, Maytas would continue to show healthy growth year after year. Two years ago, the topline of the company was Rs 400 crore and last year it was Rs 800 crore. Talking about the attrition rate in the industry, he said it is as high as 20%-25% but in Maytas the attrition rate is low at 12%. The company takes efforts to retain talent by empowering the workforce, posting them on overseas assignments, offering good compensation package and powerful incentives. There is also a continuous assessment on employee satisfaction, Madhav said.