Thursday, April 10, 2014

A2Z Maintenance and Engineering Services Ltd: FY13 Highlights
CMP: Rs.11.45
A2Z Maintenance and Engineering Services Ltd is Engineering, Procurement and Construction (EPC) Company and expanding into being an Infrastructure Company that is building businesses with annuity revenue streams in the areas of Clean and Green energy like Renewable Energy Generation etc.

The Company’s operations are geographically spread across India and conducted either directly through the Company or its direct and indirect subsidiaries. In the EPC business, its main area of operation is the Power Distribution segment, though it also provides services in the Power Transmission segment, to Power Generation companies and to other verticals such as Telecommunications Services and operation & maintenance for wire lines. In the Power Distribution segment, it helps build power lines to bring power to areas which lack electricity. The company also assists in reducing the Technical and Commercial losses. A2Z Maintenance and Engineering Services Ltd has successfully executed challenging projects in difficult terrains and in extreme weather conditions in the states of Jammu and Kashmir, Arunachal Pradesh, Himachal Pradesh, Jharkhand, Rajasthan, Orissa, Kerala and Bihar.

Additionally, it is now building businesses that include the following: 
(i) generating power from renewable energy sources such as biomass and fuel derived from municipal solid waste (Renewable Energy Generation); 
(ii) providing municipal solid waste (MSW) management services which involve collection& transportation (C&T) of waste and its scientific processing and disposal (P&D) like recycling, manufacturing of organic compost and greenfuel such as Refused Derived Fuel (RDF) & subsequent disposal of remnants; and (iii) developing informationtechnology (IT) solutions for power utilities (Power IT Solutions).

Through its subsidiary companies, creating a cleaner climate is a mission of A2Z. In India, so far, the municipal solid waste management projects are being done ona piece-meal basis wherein C&T is done separately by different agencies and P&D is managed by the government through outsourcing model. 

Being one of the leading Indian Waste Management companies, it has set up the biggest, single location Integrated Resource Recovery Facility (IRRF) in Asia as well as setting up one of the first IRRF with ESCO focus. The Company has pioneered the concept of IRRF right from collection and transportation to processing and disposal by utilizing all items that have not remained useful in their present form any longer and renewable energy generationthereafter.

Through multiyear contracts, the MSW and Renewable Energy Generation businesses should provide stablerevenue streams in the years to come.

The company last month said that it has executed a Master Restructuring Agreement (MRA) on March 27, 2014 as per CDR Guidelines. 

IT is a versatile business group with 30000 Employees that contribute to it's Pan India Geographical presence. Incepted in 2002, the Turnover for the Financial Year 2013 is Rs.934.3 Crores. The Group had a CAGR of 100.69% over the past 10 years from FY04 to FY13.