Ivrcl is one of the fastest growing and leading construction companies in India. The company has two subsidiaries IVR Prime and Hind-Dorr both listed on the stock exchange. It has recently acquired the company Alkor Petroo to enter into petroleum exploration. The companies has high growth rates for 40 to 50 percentage even in the past, when the India government was not focused on infrastructure development. The company has a niche in the water based projects. It has a strong order book which guarantees the growth rates for the near future. It has started the foray into the BOOT project which shall give the steady cash flow in the future. The company does not have any major BOOT projects such as airports, ports or power plants. The managerial stake in the company is small, close to 10 percent.
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