What we do IL&FS Transportation Networks Ltd (ITNL) develops, operates, and maintains roads, highways, metro, and infrastructure projects primarily in India, including international operations. |
Founded in 2,000 |
Market share One of India's largest private sector BOT road operators with leading infrastructure projects across multiple states and sectors including ports and urban transport. |
Problem solved Provides critical surface transportation infrastructure to improve connectivity, traffic flow, and urban transport efficiency in India and select international markets. |
Top clients or who we serve Government bodies, highway authorities, urban transport agencies; serves B2G, B2B clients in infrastructure development. |
Key management Mr. Vineet Nayyar, Mr. Chandra Shekhar Rajan, Mr. Nand Kishore, Mr. Bijay Kumar (New Board appointed since 2018). |
Our journey and innovations Started in 2000, expanded from toll roads to metro projects and international operations; notable for longest road tunnel in India and metro rail development in Gurgaon. |
Where we operate India primarily across multiple states; international presence in Spain, Portugal, Colombia, Mexico, and China. |
Top products or what we offer Toll roads, highways, metro rail projects, road maintenance services, infrastructure development, asset management services. |
Top brands No specific consumer brands; flagship projects include Noida Toll Bridge, Chenani Nashri Tunnel, Rapid Metro Gurgaon. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from toll collections and O&M contracts, exhibiting recurring income with some project-based cyclical revenues. |
Our industry position Market leader in private BOT road projects in India, competitive in infrastructure development and urban transport sectors. |
Financial highlights FY 2017-18 revenue approx. Rs. 8717 Crore, Net Profit Rs. 176 Crore; FY 2018-19 faced severe losses due to financial stress and ongoing resolution. |
Geographical revenue split Approx. 85% revenue from India operations and 15% from international operations. |
Order book - |
Whats driving growth Infrastructure demand, government policies on road expansion, urbanization, and metro rail growth. |
Our future plans Focused on asset monetization, divestment of non-core projects, establishing Infrastructure Investment Trust (InvIT) for some SPVs. |
Our green promise Implemented Quality, Environment, Health & Safety management systems across projects. |
Our people and values Employee base impacted due to resolution process; committed to safe and dignified workplace with diversity and inclusion policies. |
Key challenges ahead Financial crisis, project delays, liquidity constraints, ongoing regulatory investigations, and restructuring challenges. |
Interesting facts Developed India's longest road tunnel (9 km) and one of the first private metro rail projects in Gurgaon. |
Risks and strategy Risks include debt defaults and operational delays; strategy centers on asset-level resolutions, divestment, and disciplined cash flow management. |
