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India Globalization Capital, Inc. Message Board

  • pigbeingslaughtered pigbeingslaughtered Jul 27, 2009 1:42 AM Flag

    Rock Quarry Business

    From the conference call, it seems that the Rock Quarry work carries the maximum potential from a net margin point of view (20-25% net margin compares to 5-10% for everything else, except rural roads which were at 15% net margin). Any ideas what sized business this might be? How much rock can a typical quarry produce and what kind of revenue potential exists?

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    • what is the quarry for??is it for road building?as in dot limerock?for the base in road building?its what yu lay asphalt over on our american roads.if this is the case,and india starts building new roads in good order.a baserock mining outfit can make astronomical ,huge amounts of money.i worked in one in florida and when roads are being built these mines run 24/7$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

      • 1 Reply to critz_d
      • they said that they are going to build 10-15 quarries in states with heavy construction activity. Once built out, the quarries are expected to generate between $25 million and $35 million of annual revenue with net margins in the 25%-30% range. that means at the low end if its 10 quarries generating 25m revs at 25% margin thy will have 250m revs and 62.5m profit(6.19eps). if it is at the high end and is 15 quarries generating 35m in revs with a 30% margin they would produce 525m revs and 157.5m profit(15.60eps).

        may12 igc got a 2.2m contract
        june3 igc got a 2.6m contract
        july21 igc got a 2.1m contract

        total of 6.9m in revs with 25-30% margins. that means 1.725m-2.07m profit. that makes .17-.21eps.

0.4501-0.0050(-1.10%)May 27 3:58 PMEDT