TARGET : 300
CMP : 104
PERIOD : 12 MONTHS
FUNDAMENTALS
COMPANY PROFILE
The Company was incorporated under the name of 'Atlanta Construction Company (India) Private Limited' pursuant to a Certificate of Incorporation No. 11-031852 of 1984 dated January 17, 1984 issued by the Additional Registrar of Companies, Maharashtra. The name was changed to 'Atlanta Construction Company (India) Limited' April 5, 1991 on being deemed a public company under Section 43A (1A) of the Companies Act, 1956. The name changed to 'Atlanta Infrastructure Limited' on February 2, 1997 and to 'Atlanta Limited' on December 16, 2004
HISTORY AND MAJOR EVENTS
Year Event
October 17, 1995
Completed widening and strengthening of National Highway No. 45 from Km. 67/0 to Km. 160/2 Package V & VI valued at Rs. 395.56 for National Highways of Authority of India, Chengalpattu Tamil Nadu.
March 28, 1998
Completed construction of Udaipur Bypass Road Phase-II on B.O.T. Basis valued at Rs. 244.50 million for Public Works Department, Udaipur.
December 31, 2001
Completion of improvement of arterial and sub arterial roads in Bangalore valued at Rs. 652.22 million for Bangalore Mahanagar Palike.
2002-03
Completed extraction and transfer of Coal/Coal Measure Strata in deploying "surface miners" on hire basis at Belpahar OCP valued at Rs. 40.91 million for Mahanadi Coal Fields.
April 15, 2004
Completion of periodic renewal of Vapi-Ambethi (link to pient) and Vapi Daman road valued at Rs. 128.38 million for National Highways Authority of India.
February 15, 2006
Letter of recommendation for certification under ISO 9001:2000
NFRASTRUCTURE DEVELOPMENT
From executing India's first greenfield BOT project on National Highways - Udaipur Bypass and successfully participating in toll-based PPP infrastructure development projects to building roads, highways, bridges, runways, docks, ports, canals, water courses, irrigation, embankment, reservoirs and executing several EPC projects, Atlanta is at the forefront of developing India's infrastructure.
The company has serviced some of the biggest players in the industry such as National Highway Authority of India (NHAI), Ministry of Road Transport and Highways, Public Works Department, Municipal Corporation of Greater Mumbai and Airports Authority of India to name a few.
Atlanta has established an enviable reputation in the infrastructure development and EPC space due to its ability to harness technology to match the momentum of tomorrow. The company owns and employs modern, specialised and critical fleet of equipment to successfully execute large and complex projects.
Atlanta's EPC division is the oldest and the largest business division of the company and its key activities comprise the actual execution of theinfrastructure projects. This key in-house EPC capability helps the company deliver quality projects on time, amply demonstrated by the successful completion of the Udaipur Bypass project in less than half of the allocated time.
Projects under execution The company is currently executing two toll-based BOT projects: Mumbra Bypass (which is nearing completion) and Nagpur-Kondhali along with several other EPC projects.
Looking forward Atlanta being a forward thinking company, besides identifying traditional infrastructure development projects plans to foray into two new emerging segments: building and maintaining car parking plazas and airport management.
The company, is confident of success in both these segments due to its inherent construction expertise, flawless execution skills, technological know-how which will be backed by alliances with established foreign players in these field.
MINING
Atlanta is active in the high margin limestone and coal mining business with over a decades experience in contract mining, having gained valuable experience at a time when the captive mining business was not even on the radar of competitors.
Prominent features that make Atlanta the obvious contract mining partner of choice competent and best suited to take on the sector's specific needs and challenges include:
1. SURFACE MINING TECHNOLOGY
Atlanta is the first player in the country to have prudently invested in superior surface mining technology: a technology imported from Wirtgen, Germany and Volvo, Sweden that eliminates conventional operations like drilling, blasting and crushing. Surface mining technology enables controlled excavation, is not labour-intensive nor is it risky like the conventional mining process.
2. CAPACITY
Atlanta has the capacity to extract (limestone / coal) over 25000 tones per day, significantly higher than industry peers.
3. CREDIBLE PRESENCE
Atlanta’s distinguished clients include: Mahanadi Coal Fields Ltd. (a subsidiary of Coal India Ltd), Reliance Petroleum Ltd, The Associated Cement Companies Ltd, Narmada Cement Company Ltd, Tata Chemicals Ltd, amongst others.
REALTY
Having anticipated the market trends in the realty sector, Atlanta increased its preparedness to leverage the opportunities by prudently investing in land sites with clear land titles and concurrently demonstrated success and expertise across diverse formats by executing commercial projects and residential projects in prime and emerging locations in Mumbai.
With a longstanding sectoral presence in constructing and executing large projects, Atlanta is now on its way to build attractive properties in and around Mumbai and plans to develop innovative structures across all realty segments in emerging Tier II and Tier III cities across the country.
RESULTS
Quarterly Results (Rs. in Crores)
June2009
[1 Quarter] March2009
[4 Quarter] June2008
[1 Quarter]
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