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Sunday, August 17, 2008

UB Engineering Ltd

about :ub engineering

UB Engineering Ltd., is one of the largest Engineering & Construction Companies operating in India as well as Overseas markets over last 30 years.

ub engg offer services such as Concept to Commissioning works on Turnkey Projects, on – site Fabrication, Piping, Equipment Installation, Overhauling & Maintenance of large Infrastructure & Industrial Plants, from Power to Refineries to Steel to Petrochemicals and Hydropower projects (upto 1000 MW).

And as each day passes by, UB Engineering advances – from one challenging assignment to another, from myriad deserts to slushy terrains in diverse sectors like 440 KV Substations to 1000 MW Power Plants (be it Hydro, Thermal or Nuclear), from Refineries to Down – streams (In Oil & Gas technology) to Fertilizers to Cement Plants.

Thanks to our persistent and dedicated efforts, our achievements in Quality, Project Management & Safety have been appreciated by International Giants like Bechtel Inc., Rolls Royce, Mitsubishi Heavy Industries Ltd., etc. But more than that we have our customers to thank for keeping faith in us and our professional services.

What follows hereon is an elaboration on our activities.

Browsing through our site will be an interesting experience for you. DO contact us if you are looking for a reputed association, who can meet customer’s tough deadlines with International quality of Workmanship, Supervision and Management.

UBEL is committed to achieve customer satisfaction through consistency in Quality and Cost effective operation and professional manpower.

Highlights
  • UB Engineering is proud of constructing 50% of India's installed capacity of power generation.
  • Largest single overseas electro mechanical service contract awarded to any Indian Co.
  • 103 Steam Generators from 10 MW to 500 MW involving 950,000 Tons of Equipments and materials
  • 40 Specialised projects from "Concept to Commissioining"
  • 30 Large sized projects in the field of Steel & Metallurgy
  • 108 Projects of Electrical & Instrumentation works involving switchyards upto 400 KV, HVDC Substations, GIS etc.
  • 156 Projects covering Desalination, Aluminium, Cement, Paper & Pulp, Satellite communication etc. involving 270,000 Tons of equipments and materials & also Civil & Structural works.
  • 42 Projects of Fertilser / Petrochemical / Refinery / Oil & Gas Industries.
  • Excellent Export Performance awards from Engineering Export Promotion Council and Overseas Construction Council of India.
from annul report08:-

MANAGEMENT DISCUSSION & ANALYSIS

a) BUSINESS OVERVIEW:

The Company has single primary business segment of activity, i.e. Engineering/Construction. The sphere of the Companys activities encompasses EPC Projects, Infrastructure, On-site fabrication, Installation, Testing and Commissioning of Structural Mechanical, Electrical & Instrumentation Equipments, piping etc. for large Industrial projects such as Power, Refineries and Piping, Steel, Cement, Fertilizer, Petrochemicals and Desalination Projects. The Company also undertakes Overhauling & Maintenance of Operating Plants in varied Industries in India and abroad.

b) REVIEW OF OPERATIONS & FUTURE PROSPECTS:

During the year under review the turnover increased to Rs. 2632.10 Million from Rs. 2162.90 Million in the last year with substantial improvement in the profit. Consequent upon the successful conclusion of Rights Issue of Rs. 59.73 crores debt burden has been reduced considerably. The Company is now well poised to bid for big projects with higher margins and take advantage of the present infrastructure development in the Country. With significant orders in hand Company expects to substantially improve turnover and profits in the coming years.

c) OPPORTUNITIES & THREATS:

Steady growth of GDP, increased investment in Power and other infrastructure sectors, boom in industry globally offers excellent opportunities for continued growth of the Company, whereas delay in recovery of debtors, up gradation of high-tech skills, competitive pressures on skilled manpower and increased capital expenditure requirements pose major threats for operations.

company posted 265cr turnover and 12.84cr net profit for 08.(e.p.s of 7.5 rs).

for 08/09 first quarter it has posted 113.cr turnover and profit of 5.82cr .expecting 15rs e.p.s for full year. current market price 112.60 target of 200 in a six months time.

buy on every decline

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