Era Infra may touch 550 cr in 2 years: Dilip Bhat, Prabhudas Lilladher

Dilip Bhat, Joint Managing Director, Prabhudas Lilladher, in a chat with ET Now talks about Era Infra.

What is your take on Era Infra and Yes Bank?

Era Infra is a company whose ticket size of the orders are really increasing and they are the ones who were really executing one of the most visible contract that you can ever think of. Like almost 7 out of 10 NTPC contracts are executed by them - that is basically the civil works or whether it’s a commonwealth stadiums, they are the ones who were executing.

I think this is a company which probably this year will end up with something like close to 275 to 280 crores of profit for 2010. But I think over next two years probably you will see the profits going right up to 550 crores and possibly even the turnover jumping from may be around 3800 crores to almost 7500 to 8000 crores. All the parameters are improving. So I think this is a company which really has a good potential and not so much discovered and owned by the institutions also. But this company can really make it to that link.