and Managing Director Dear Shareholders,
It gives me immense satisfaction to share with you all the 16th Annual Report of
the business and operations of DMR Hydroengineering and Infrastructures Limited
(‘DMR' or ‘Company') for the financial year ended March 31, 2025. DMR continues
its path-breaking and successful run. We represent a unique model which combines the
highest standards of corporate governance and people-centric culture with industry-leading
results of profitability and growth.
During the Financial year 2024-25, the Company witnessed a growth of 49.09% in its
revenue from operations i.e., from Rs. 702.14 Lakhs in the previous financial year 2023-24
to Rs. 1046.85 Lakhs during the financial year 2024-25 and the net profit of the Company
grew by 10.46% from Rs. 154.44 Lakhs in the previous financial year 2023-24 i.e., to Rs.
170.59 Lakhs in the financial year 2024-25.
Our growth strategy during the year 2024-25 has been continued to be built around the
followings:
• Pursuing potential national and international business opportunities;
• Consolidating our position in pumped storage, renewable energy, dam safety and
tunnel engineering opportunities
• Leverage the knowledge of specialized software in delivery of assignments
In DMR, we take pride in our commitment to serving the world through our expertise in
engineering infrastructure projects across Water, Renewable Energy, Power, Underground,
and other structural domains.
Project owners and large contactors worldwide are looking to us for support. It is our
responsibility to meet their expectations. This necessitates being prepared for global
project delivery and international travel as part of our work.
Our international business teams continue to explore new global opportunities. In
2024-25, our teams undertook work trips to Laos, Bhutan, Tanzania, Nizeria and Oman.
In 2024, our teams delivered exceptional results. We appreciate the efforts of our
talented members in achieving remarkable outcomes. Notably, the fieldwork undertaken by
our Geophysicists at DM Consulting has been exemplary. Their innovative approaches in
geophysical investigations for metro tunnels (Kanpur and Agra), landslide studies
(Uttarakhand and Almora), and tailing dam foundation investigations (Lloyds Steel) within
a year are a source of pride and inspiration for all at DMR.
The pumped storage engineering business gained momentum with the completion of various
pre-feasibility reports. Our expertise in dam design and water tunnels in Mumbai has been
a significant achievement. Our senior-level leadership in operations and engineering
continues to make us proud.
We are actively involved in engineering projects for road tunnels, water tunnels, dams,
small hydro, renewable energy, power, and pumped storage. Our work contributes to themes
like carbon reduction, energy transition, improved mobility, and water security. Our
services
include bid engineering studies, detailed design, project management, due diligence,
inspections, and monitoring.
Our Lender Engineer team for solar projects travels extensively across India, including
Rajasthan, Tamil Nadu, and Uttarakhand. PSP teams are engaged in projects in Kerala and
Rajasthan. Meanwhile, our Geophysics team has expanded into metro underground mapping,
landslide mapping, and tailing dam mapping. We must prepare for increased travel and
responsibilities this year.
Ambitious targets for order book and revenue growth have been set for 2025. These goals
will propel us to the next growth trajectory. With a team strength, DMR is now a
mid-sized, diversified engineering consultancy ready to operate on a global scale. Our
business and operations are led by experienced leaders with decades of expertise, serving
both domestic and international clients.
Maintaining workplace hygiene and aesthetics contributes to a positive work
environment. Let's continue to foster collaboration, mutual respect, and a learning
culture to enhance productivity.
Proficiency in specialized engineering software, presentations, report writing, and
documentation is vital for our organization's success. Our workforce needs to stay updated
on these skills.
Our proactive approach during the year 2024-25 has resulted in acquiring several new
customers and new business opportunities. We have done several assignments as lender
Independent Engineers (LIE) with IREDA. We have also delivered several assignments in
pumped storage areas which is the most promising business opportunities for our Company.
Our Company has also acquired controlling stake in DM Consulting Engineers Private
Limited which is catering to technological areas in the field of Engineering Geo-physics
for sub-surface investigation for infrastructure projects.
Design services in renewable energies, dams and dams safety, small hydro, pumped
storage, road and rail tunnels, transmission system continuous to be our major activities
areas which are driving growth of infrastructures sector in India as well as outside
India.
Our domestic and international presence continues in several projects and we expect to
expand domestically as well as internationally further.
As we look ahead to the future, we are optimistic and excited about the tremendous
opportunity that awaits us. Our organization strives to be a global company by having its
presence both in developed and developing economies across the globe in the coming 10
years. This will be achieved through management actions and continued guidance and support
of shareholders, employees and customers.
Before I conclude, I would like to express my gratitude to our clients for their
continued faith and trust in DMR. I am also grateful to all DMR for their commitment and
dedication to enable the happiness of our clients. I am grateful to our Board of
Directors, Shareholders, Employees and all other Stakeholders for their wishes, continued
guidance and support that help us accelerate sustainable growth and prolific journey.
On behalf of the Board of Directors of DMR, I want to thank you for your continued
trust, confidence, and support.
Let me close by wishing all of you stay safe and stay healthy and take care of
yourselves.
| With warm regards |
Subhash Chander Mittal |
Chairman & Managing Director |