Growth Story

Growth Story and Strategies

1980

Incorporated as “Tantia Concrete Products Limited” for manufacture of PSC sleepers for Indian Railways.

1999

First international foray with order for supply of dual gauge sleepers to Bangladesh Railways.

2002

Receives order for installation of concrete sleeper plant in Myanmar against international competition.

2004

Ventures into infrastructure construction with orders from Railways and other government agencies.

2006

Order for supply of 721,000 concrete sleepers to RICON in Mozambique. Plant commissioned in 6 months.
Order for rehabilitation of Dona Ana Railway Bridge over River Zambezi in Mozambique.

2007

Receives repeat order from Myanmar Railways for second concrete sleeper plant.
Turnover crosses Rs. 100 cr.

2008

Order received from Transnet Freight Rail of South Africa for supply of 1,000,000 concrete sleepers.
Receives order for Ganga Rail-cum-Road Bridge at Patna, the longest steel bridge in the country.

2009

Completes emergency rehabilitation of major bridge for S.E. Railway, 21 days ahead of schedule.
Commercial production commenced in South Africa.
Receives order for concrete sleepers for Sri Lanka Railways.

2010

Private equity investment from Nine Rivers Capital Limited.
Partnership with TransNamib Holdings, Govt. of Namibia for establishment of sleeper plant in Namibia.
Ventures into road construction with BOT order from NHAI.

2011

Received prestigious Emerging India award from ICICI Bank, CNBC TV-18 and CRISIL.
Received order for 3 bridges in Arunachal Pradesh.
Received order of bridge at Buller Bazar, Sundarban, West Bengal.
- Share listed on the Bombay Stock Exchange (BSE) on 6th December, 2011.

2012

Received order for Intake Jetty and Water pumping station for Kolkata Municipal Corporation.
Received order of civil work for sub-station of BHEL, Agra.
Revenue crosses Rs. 450 cr.

2013

Average order size for EPC business crosses Rs. 50 cr.
Achieved highest revenue in the history of company - Rs. 486 cr.

2014

Capacity of manufacturing facility at Ladysmith, South Africa doubled to 450,000 per annum.
Completed repair and retro fitting of Ultadanga Flyover on turnkey basis.
Received order for construction of viaduct for Kolkata Metro Railway Corporation Limited.

2015

Average order size for EPC and sleeper business crosses Rs. 77 cr.
Bagged order worth Rs. 247 cr. from GMR Infrastructure.

2016

Shares listed on NSE
Awarded best Infrastructure brand from The Economic Times

2019

Awarded the National Best Employer Brand at the 13^th Employer Branding Awards
Received High Performer Appreciation award from Steel Authority of India Ltd.

2020

Entered the Metro segment by procuring projects of Calcutta Metro.

2021

The company has expanded its footprint in Western India by procuring projects in Mumbai.

2022

The company’s long term and short term credit facilities are rated by CRISIL and the present rating for long term instruments is BBB+ and for short term instruments is A2

2023

The largest single order in GPT’s history, valued at Rs 739 Cr from the NHAI for construction of new 4 lane Prayagraj Southern Bypass in Uttar Pradesh under EPC mode.
The Company commences setting up a production facility in Ghana for concrete sleepers.

Growth Strategies

Capitalising on the burgeoning expansion in India

Highest ever capital outlay in the Railway sector in India for 3 years and counting

Government Focus on infrastructure resulting in high order inflows

Further enhance our project execution capabilities

Extending our bidding discipline as we expand our operations

Continuing the enhancement of average ticket size of our projects towards building credentials for larger projects

Improving our productivity and competitiveness

Focus on increasing efficiency and competitiveness of operations by continuously investing in state of the art construction machinery and equipment and related processes

Focus on Liquidity Management

Continue to take steps to reduce costs, improve operational efficiencies and improve cash flows