Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
About the Company
Hindustan Dorr‐Oliver Limited (HDO) is primarily involved in Engineering, Procurement
and Construction (EPC) installations in liquid‐solid separation applications. It caters to
segments like Mineral Beneficiation, Environmental Management, Fertilizer and
chemicals and Pulp and Paper processing. The Company got acquired by IVRCL Infra in
mid 2005 and IVRCL currently holds approximately 55.0% stake in the company. In
February 2010, HDO acquired UK‐based Davy Markham Limited for ` 650 mn. This
acquisition will give HDO the expertise to provide Engineering solutions in Europe and
Canada through Davy Markham Limited.
AGM Updates
• HDO’s current order Book stands at ` 20,000 mn including ` 8,000 mn of L1
projects currently under bidding process. Order book of wholly owned
subsidiary Davy Markham stood at £ 35 mn.
• HDO expects standalone topline of approximately ` 10,000 mn to be achieved
during FY 2012. Post that it expects growth in range of 15.0% to 20.0%. HDO
expects EBITDA margins in the range of 11.0%‐12.0%.
• Davy Markham Ltd is expected to contribute approximately £ 23 mn to the
topline during FY 2012 and Profits of approximately £ 1 mn.
• It expects to incur capex of ` 150 to ` 200 mn during FY 2012 for additional
machinery.
• Currently manufacturing forms approximately 20.0% of the total turnover for
HDO. Going forward HDO plans to increase this to 50% in next five years. As
manufacturing sector enjoys higher margins as compared to other segments,
HDO expects overall profitability to improve in coming years.
• During June 2011, HDO bagged order worth $ 85 mn from Konkola Copper
Mines plc in Zambia. The order is to handle residual basic engineering,
engineering procurement, supply and fabrication, erection and commissioning
of the mine. This is part of the expansion of the copper refinery at Chingola in
Zambia. The project is expected to be completed in next two years.
• HDO supplies to the uranium and steel sector and also has expertise in iron ore
beneficiation and pelletisation. Going forward it expects huge opportunities
within the Metal and Minerals, Water Management and Hydrocarbon space.
New Areas where HDO ventured into recently
• Iron Ore Beneficiation
• Copper Refinery
• Manufacturing of Nuclear Power Plant
• Uranium Nitryl Conversion
• Uranium Ore Processing
• Seawater Desalination
About the Company
Hindustan Dorr‐Oliver Limited (HDO) is primarily involved in Engineering, Procurement
and Construction (EPC) installations in liquid‐solid separation applications. It caters to
segments like Mineral Beneficiation, Environmental Management, Fertilizer and
chemicals and Pulp and Paper processing. The Company got acquired by IVRCL Infra in
mid 2005 and IVRCL currently holds approximately 55.0% stake in the company. In
February 2010, HDO acquired UK‐based Davy Markham Limited for ` 650 mn. This
acquisition will give HDO the expertise to provide Engineering solutions in Europe and
Canada through Davy Markham Limited.
AGM Updates
• HDO’s current order Book stands at ` 20,000 mn including ` 8,000 mn of L1
projects currently under bidding process. Order book of wholly owned
subsidiary Davy Markham stood at £ 35 mn.
• HDO expects standalone topline of approximately ` 10,000 mn to be achieved
during FY 2012. Post that it expects growth in range of 15.0% to 20.0%. HDO
expects EBITDA margins in the range of 11.0%‐12.0%.
• Davy Markham Ltd is expected to contribute approximately £ 23 mn to the
topline during FY 2012 and Profits of approximately £ 1 mn.
• It expects to incur capex of ` 150 to ` 200 mn during FY 2012 for additional
machinery.
• Currently manufacturing forms approximately 20.0% of the total turnover for
HDO. Going forward HDO plans to increase this to 50% in next five years. As
manufacturing sector enjoys higher margins as compared to other segments,
HDO expects overall profitability to improve in coming years.
• During June 2011, HDO bagged order worth $ 85 mn from Konkola Copper
Mines plc in Zambia. The order is to handle residual basic engineering,
engineering procurement, supply and fabrication, erection and commissioning
of the mine. This is part of the expansion of the copper refinery at Chingola in
Zambia. The project is expected to be completed in next two years.
• HDO supplies to the uranium and steel sector and also has expertise in iron ore
beneficiation and pelletisation. Going forward it expects huge opportunities
within the Metal and Minerals, Water Management and Hydrocarbon space.
New Areas where HDO ventured into recently
• Iron Ore Beneficiation
• Copper Refinery
• Manufacturing of Nuclear Power Plant
• Uranium Nitryl Conversion
• Uranium Ore Processing
• Seawater Desalination
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
About the Company
Hindustan Dorr‐Oliver Limited (HDO) is primarily involved in Engineering, Procurement
and Construction (EPC) installations in liquid‐solid separation applications. It caters to
segments like Mineral Beneficiation, Environmental Management, Fertilizer and
chemicals and Pulp and Paper processing. The Company got acquired by IVRCL Infra in
mid 2005 and IVRCL currently holds approximately 55.0% stake in the company. In
February 2010, HDO acquired UK‐based Davy Markham Limited for ` 650 mn. This
acquisition will give HDO the expertise to provide Engineering solutions in Europe and
Canada through Davy Markham Limited.
AGM Updates
• HDO’s current order Book stands at ` 20,000 mn including ` 8,000 mn of L1
projects currently under bidding process. Order book of wholly owned
subsidiary Davy Markham stood at £ 35 mn.
• HDO expects standalone topline of approximately ` 10,000 mn to be achieved
during FY 2012. Post that it expects growth in range of 15.0% to 20.0%. HDO
expects EBITDA margins in the range of 11.0%‐12.0%.
• Davy Markham Ltd is expected to contribute approximately £ 23 mn to the
topline during FY 2012 and Profits of approximately £ 1 mn.
• It expects to incur capex of ` 150 to ` 200 mn during FY 2012 for additional
machinery.
• Currently manufacturing forms approximately 20.0% of the total turnover for
HDO. Going forward HDO plans to increase this to 50% in next five years. As
manufacturing sector enjoys higher margins as compared to other segments,
HDO expects overall profitability to improve in coming years.
• During June 2011, HDO bagged order worth $ 85 mn from Konkola Copper
Mines plc in Zambia. The order is to handle residual basic engineering,
engineering procurement, supply and fabrication, erection and commissioning
of the mine. This is part of the expansion of the copper refinery at Chingola in
Zambia. The project is expected to be completed in next two years.
• HDO supplies to the uranium and steel sector and also has expertise in iron ore
beneficiation and pelletisation. Going forward it expects huge opportunities
within the Metal and Minerals, Water Management and Hydrocarbon space.
New Areas where HDO ventured into recently
• Iron Ore Beneficiation
• Copper Refinery
• Manufacturing of Nuclear Power Plant
• Uranium Nitryl Conversion
• Uranium Ore Processing
• Seawater Desalination
About the Company
Hindustan Dorr‐Oliver Limited (HDO) is primarily involved in Engineering, Procurement
and Construction (EPC) installations in liquid‐solid separation applications. It caters to
segments like Mineral Beneficiation, Environmental Management, Fertilizer and
chemicals and Pulp and Paper processing. The Company got acquired by IVRCL Infra in
mid 2005 and IVRCL currently holds approximately 55.0% stake in the company. In
February 2010, HDO acquired UK‐based Davy Markham Limited for ` 650 mn. This
acquisition will give HDO the expertise to provide Engineering solutions in Europe and
Canada through Davy Markham Limited.
AGM Updates
• HDO’s current order Book stands at ` 20,000 mn including ` 8,000 mn of L1
projects currently under bidding process. Order book of wholly owned
subsidiary Davy Markham stood at £ 35 mn.
• HDO expects standalone topline of approximately ` 10,000 mn to be achieved
during FY 2012. Post that it expects growth in range of 15.0% to 20.0%. HDO
expects EBITDA margins in the range of 11.0%‐12.0%.
• Davy Markham Ltd is expected to contribute approximately £ 23 mn to the
topline during FY 2012 and Profits of approximately £ 1 mn.
• It expects to incur capex of ` 150 to ` 200 mn during FY 2012 for additional
machinery.
• Currently manufacturing forms approximately 20.0% of the total turnover for
HDO. Going forward HDO plans to increase this to 50% in next five years. As
manufacturing sector enjoys higher margins as compared to other segments,
HDO expects overall profitability to improve in coming years.
• During June 2011, HDO bagged order worth $ 85 mn from Konkola Copper
Mines plc in Zambia. The order is to handle residual basic engineering,
engineering procurement, supply and fabrication, erection and commissioning
of the mine. This is part of the expansion of the copper refinery at Chingola in
Zambia. The project is expected to be completed in next two years.
• HDO supplies to the uranium and steel sector and also has expertise in iron ore
beneficiation and pelletisation. Going forward it expects huge opportunities
within the Metal and Minerals, Water Management and Hydrocarbon space.
New Areas where HDO ventured into recently
• Iron Ore Beneficiation
• Copper Refinery
• Manufacturing of Nuclear Power Plant
• Uranium Nitryl Conversion
• Uranium Ore Processing
• Seawater Desalination
No comments:
Post a Comment