| EPC Contracts | End-to-end engineering, procurement, and construction services primarily for government infrastructure projects | Strong government relationships, experienced execution team, diversified project portfolio | Government departments and private infrastructure developers, B2B focus | High-value EPC contracts, focus on recurring maintenance opportunities | 371 | 72 | Project-based payments upon milestone completions under EPC contracts | Competitive bidding with milestone-based payments | Government infrastructure spending, expanding NHAI contracts, Gati Shakti initiatives | Roads, Highways, Bridges, Buildings, Waste Water Treatment projects |
| Toll Collection Contracts | Operate and manage toll collection on national highways under Hybrid Annuity and Toll models | Long-term contracts, steady cash flow, limited competition in assigned corridors | Government agencies (NHAI), B2B service model | Efficient toll management with low operational costs | 135 | 26 | Recurring revenue from toll collections under concession agreements | Long-term contracts with stable cash flows | Increasing vehicle traffic, government push for road development | 12 Toll collection contracts across multiple states |
| Realty Residential Plotting Projects | Development and sale of residential plotted township projects primarily in Indore | Strategic land holdings, developer experience, local market knowledge | Individual retail buyers, B2C segment | Real estate development with land bank appreciation | 9 | 2 | Sale of residential plots to end customers | Direct sale of land plots | Urbanization and demand for affordable housing in Indore | BRG Hill View Phase I & II |
| Ready Mix Concrete (RMC) Manufacturing | Manufacturing and supply of ready mix concrete for internal use and external customers | Onsite quality control, cost efficiencies, proximity to projects | Internal EPC projects and external construction firms | Captive consumption with cost advantages | 10 | 2 | Sales of concrete products to construction projects | Volume-based sales | Increased construction demand, capacity utilization improvement | Indore RMC Plant |
