This company, which has its presence in the engineering, procurement, and construction (EPC), surged by 3 percent in Wednesday’s trading session after it announced that it received a construction order.
Price Movement
With a market capitalization of Rs 3,181 crore, the shares of Capacite Infraprojects Ltd are currently trading at Rs 376.10 per share, down by 19 percent from its 52-week high price of Rs 465. The stock has given a negative return of 3.56 percent over the last six months.
As of December 2024, ace investor Mukul Mahavir Agrawal holds a 6.09 percent stake in the company as compared to a stake of 6.21 percent in the previous three quarters.
About the announcement
On Wednesday, the company announced that it received a Letter of Acceptance from Indus Co-operative Housing Society worth Rs 295 crore (Excluding GST) for the construction of a Residential Building with Allied Commercial Building No. 01 and Residential Building No. 02 at CS No. 2/4, Saltpan Division, Shivadi-Chembur Road, Wadala, Mumbai-31.
Mr. Rahul Katyal, Managing Director said, “We are delighted to be entrusted by Indus Co-operative Housing Society for their project in Mumbai. We’re grateful for their trust and belief in our capabilities, further solidifying our position as a preferred partner for high-profile projects.
At Capacit’e, we’re committed to delivering projects on time and to client satisfaction. We’re focused on securing quality orders from existing and new clients across public and private sectors, leveraging our growing execution capabilities.”
Financial Highlights
The company reported a consolidated revenue of Rs 590 crore in Q3 FY25, up by 22 percent, from its Q3 FY24 revenue of Rs 481 crore. It posted a net profit of Rs 52 crore in Q3 FY25, up by 73 percent, from its Q3 FY24 net profit of Rs 30 crores, and up by 7 percent from its Q2 FY25 net profit of Rs 45 crores.
As of December 31, 2024, Capacit’e had a strong standalone order book of ₹10,047 crore, comprising 63 percent from public sector projects and 37 percent from private sector engagements.
About the Company
Capacit’e Infraprojects Limited is a leading Indian engineering, procurement, and construction (EPC) player. The company is a specialist in the provision of turnkey solutions for high-rise and super high-rise buildings, commercial complexes, gated communities, hospitals, malls, hotels, data centers, industrial buildings, mass housing, and multi-level car parks.
Written by Satyajeet Mukherjee
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
