DMR

FY22 – A year of Several Firsts, FY23 – A Promising Start

DMR

FY22 – A year of Several Firsts, FY23 – A Promising Start

The year 2021-22 was an exciting year for the Company. On account of the successful Initial Public Offering of the Company and subsequent listing of the Company’s shares on the BSE SME platform on December 07, 2021, the size of the shareholders family of DMR has increased several fold. Although during the year 2021-22, we had to face the second wave of the Covid-19 pandemic, the resilience demonstrated by our valuable employees and the understanding shown by our customers helped us in achieving significant growth in revenues from our business operations. DMR’s revenue from operations has increased by 46.8% from Rs. 243.26 Lakhs in the previous year to Rs. 357.02 Lakhs in the current year and the net profit has also been increased by 12.93% % i.e. from Rs. 60.79 Lakhs in the previous year to Rs. 68.65 Lakhs in the current year.

As you are aware, DMR is in the engineering consulting business in the infrastructure sector. To remain competitive, we have upgraded our business delivery capabilities. We have added new talent to our organization, we have almost doubled our employee strength over the last one year. To enable our employees to deliver at the highest levels, we have also invested additional engineering software, such as RS2 & RS3 (for Geo-Technical Analysis), MIDAS (Solid Modeling & FEM Analysis). While the agility of our new age employees provides momentum to our service delivery, our senior experts provide mature advice and handholding to our young engineers.

During the year, we added several new customers to our business operation in India as well as in the international market. The faith reposed in us by new customers has been a happy experience for us. Recognition of our talent in Nepal, Lao PDR, Nigeria, and Senegal has emboldened the morale of our employees. We look to international markets in addition to the domestic markets as future growth opportunities for our organization. We continue to work on several infrastructure projects of national and international importance. Our services in energy, water security, and mobility sectors bring value to the customers and to society in improving quality of life. As responsible corporate citizens, we are committed to protecting the environment including prevention of pollution by reducing, reusing, and recycling practices in our work. We are committed to achieving operational excellence and cost leadership by harnessing technology and the power of the team. We are committed to developing a culture of continual improvement by creating an environment of high performance and innovation. During the financial year 2021-22, DMR became the first MSME Company in the country to get ESG (Environment, Social and Governance) rating from ESG Risk AI Limited. Our organization strives to be a global company by having its presence both in developed and developing economies across the globe in the coming 10 years. This will be achieved through management actions and continued guidance and support of shareholders, employees, and customers.

FY 2023 - A strong start to a promising year

DMR is exploring new geographical areas to expand its business in the domestic as well as international markets. In this regard, the Company incorporated its wholly owned subsidiary in Delaware, USA on August 05, 2022. The Company is acquiring more talent in order to expand our workforce to keep it ready with the upcoming projects. Our order book so far for FY23 is looking promising and we expect to again exceed the expectations from our shareholders. While expanding our topline, we are keeping a very watchful eye on our bottomline and promise to continue in our journey to deliver a healthy growth Year on year to our customers, partners, employees and shareholders.

DMR is a leading engineering consulting firm in India that leverages Experience and Core Expertise in Design and Engineering to offer Concept to Commissioning solutions throughout the lifecycle of projects in infrastructure sectors.

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DMR is a leading engineering consulting firm in India that leverages Experience and Core Expertise in Design and Engineering to offer Concept to Commissioning solutions throughout the lifecycle of projects in infrastructure sectors.

© Copyright 2022. All Rights Reserved

Follow Us

DMR is a leading engineering consulting firm in India that leverages Experience and Core Expertise in Design and Engineering to offer Concept to Commissioning solutions throughout the lifecycle of projects in infrastructure sectors.

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© Copyright 2022. All Rights Reserved