Our Company has completed its 10 year of successful operation. With construction of each kilometre, we are creating new milestones. Rapidly growing in scale with our portfolio increasing to a redefined the space.
I am delighted to report to you at the end of yet another successful year that this has been a landmark year for the Company. This goes on to prove, the immense confidence the shareholders have in the TANISHK ENERGY brand. I reassure all our shareholders that the Company shall continue to work even more untiringly to sustain this trust.
With our continued efforts towards strengthening project team, enhancing construction equipment infrastructure and operational efficiency, we have emerged as a holistic integrated infrastructure developer. We believe that our untiring efforts and unwavering focus on these areas shall enable us to grow stronger as an organisation. While we keep transferring our stabilised assets to these trusts, the unlocking of capital from these assets shall enable us to bid for new projects. Our commitment towards creating value for all stakeholders has earned us the respect in the industry.
The year under review saw your Company delivering a record performance. Despite, rapid execution of projects and highest ever construction of large projects during the financial year, we witnessed order book surging to an all-time high as we bagged three new projects.
OUTLOOK
Going forward, we shall continue to focus on strengthening internal competencies to expedite our execution pace to reduce project turnaround time and free-up resources to take on new projects. Besides, the close understanding between the team shall ensure the perpetuity of this model. We intend to keep building a robust pipeline of assets and transfer stabilised ones periodically to unlock tied-up capital and reduce leverage while providing value growth to the trust’s unit holders as well. This business model shall enable us to graduate to the next phase of growth while maximising returns to the shareholders. The prospects of Construction and Infrastructure Industry & Roads space continue to remain positive. We shall remain excited about the future with expectations of growing faster than ever.
ANTICIPATING THE FUTURE
Our successes as well as the learnings from our failures inspire us to raisethe bar every single time. We believehigh performance organisations are bynature sustainability focused and future ready. TANISHK’s achievements are dueto the collaborative teamwork of our employees’, continued support has been of great value and going forward we hope to be always inundated with it and I take this opportunity to thank everyone for their efforts which resulted in the Company’s path breaking performance in last financial year. I also thank all our stakeholders for your unflagging trust and support.
