| BOT (Toll Operation and User Fees) | Operation and maintenance of toll roads under BOT concession agreements generating user fee revenues. | Exclusive BOT concessions, strong operational expertise, and in-house O&M capabilities. | Primarily government authorities and general public using toll highways (B2G and B2C). | Toll operations provide steady cash flows and higher margins through recurring user fees. | 951 | 64 | Collection of toll fees from vehicular traffic under long-term concession agreements. | User-fee based revenue model from toll collections. | Increasing vehicle traffic and government road infrastructure expansion fueling BOT toll revenues. | |
| Contract Activities | Engineering, procurement, and construction (EPC) services for road and infrastructure projects. | Strong track record, efficient execution, and established client relationships. | Primarily government agencies and infrastructure authorities (B2G). | Specialized construction contracts with efficient project management. | 206 | 14 | Revenue from construction contracts and project execution fees. | Fixed-price and item-rate contracts. | Government infrastructure schemes and awards of new EPC contracts drive segment growth. | |
| Construction revenue under Service | Construction services related to infrastructure projects under service contracts. | Experienced project teams and in-house capabilities. | Government infrastructure bodies and related agencies (B2G). | Operational efficiencies in project execution. | 190 | 13 | Revenue from provision of construction services on project basis. | Project-based construction contracts. | Infrastructure development initiatives and government spending on highways. | |
