Categories: Business

Capacit’e shares rise 2% after 120% jump in nine-month profit

The shares of Capacit’e Infraprojects Limited were trading at ₹344.15, up by ₹6.50 or 1.93 per cent on the NSE today at 10.45 am.

Capacit’e Infraprojects Limited reported a 120 per cent surge in profit after tax (PAT) to ₹151 crore for the nine months ended December 31, 2024, compared to ₹69 crore in the same period last year. The Mumbai-based construction company’s revenue from operations rose 26 per cent to ₹1,678 crore.

For the third quarter of FY25, the company recorded a 77 per cent increase in PAT to ₹52 crore, while revenue grew 23 per cent to ₹590 crore compared to Q3 FY24. The EBITDA margin for Q3 FY25 stood at 16.7 per cent, down from 18.5 per cent in the same quarter last year.

The company maintains a robust order book of ₹10,047 crore, with public sector projects accounting for 63 per cent and private sector projects making up the remaining 37 per cent. During the current fiscal year, Capacit’e has secured new projects worth ₹1,459 crore.

Executive Chairman Rohit Katyal attributed the performance to prudent financial management and improved execution efficiency. The company’s gross debt stood at ₹365 crore as of December 31, 2024, with a gross debt-to-equity ratio of 0.22x.

Capacit’e Infraprojects specialises in construction services for residential, commercial, and institutional buildings across major Indian cities including Mumbai, Delhi-NCR, Bengaluru, and Hyderabad.

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