Capacit'e Infraprojects Limited is primarily engaged in the Engineering, Procurement, and Construction (EPC) business, providing turnkey solutions for housing, high-rises, super high-rises, specialty buildings, and urban infrastructure. The company offers these services to leading real estate developers and government bodies across India.
Initially formed as a Private Limited Company named Capacite Infraprojects Private Limited on August 9, 2012, in Mumbai, the company later shifted its status to a public company, formally changing its name to Capacite Infraprojects Limited and obtaining a new Certificate of Incorporation dated March 21, 2014. Established in 2012, Capacit'e Infraprojects is a boutique EPC company with a presence in both the public and private sectors, specializing in building construction, project design, EPC works, MEP works, and management services.
The company operates as a specialized EPC firm with comprehensive construction capabilities across multiple sectors. It provides end-to-end construction services for:
- Residential Sector: High-rise and super high-rise buildings, townships, and mass housing.
- Commercial Sector: Office complexes and IT parks.
- Institutional Sector: Hospitality, healthcare, industrial buildings, and Multi-Level Car Parking (MLCPs).
Capacit'e Infraprojects also offers Mechanical, Electrical, and Plumbing (MEP), finishing, and interior services for its projects. The company's expertise lies in high-rise and super high-rise construction projects, where its innovative capabilities and extensive experience are a standout. A dedicated team of experts and skilled workers ensures top-notch quality and safety on every project, leading to a strong reputation in the industry and collaborations with almost all major real estate developers in the country.
As of June 17, 2025, the market capitalization of Capacite Infraprojects Ltd (CAPACITE) is ₹2,801.66 Crore. The company is trading at attractive valuations, with a P/E (price-to-earnings) ratio of 13.83 and a P/B (price-to-book) ratio of 1.85.
The company delivered strong financial performance in FY2025. For the full year, net profit rose 68.41% to ₹202.56 Crore in the year ended March 2025, compared to ₹120.28 Crore during the previous year ended March 2024. Sales rose 21.63% to ₹2,349.51 Crore in FY2025, against ₹1,931.64 Crore in FY2024.
Capacite Infraprojects Ltd announced its results for Q4 and FY2025 on May 27, demonstrating robust growth in the top line and recording the highest-ever annual Profit After Tax (PAT), despite margin pressures in the last quarter. For the quarter ended March 2025, the company reported consolidated total income of ₹705 Crore, up 16% from ₹609 Crore in Q4 FY2024.
Key financial metrics for Q4 FY2025 include:
- Revenue: ₹671.30 Crore (12% YoY growth)
- Net Profit: ₹52.53 Crore (1.5% YoY growth)
- EBITDA: ₹85.7 Crore (decline of 22.7% YoY)
- EBITDA Margin: 12.8% (vs 18.5% in Q4 FY2024)
The increase in net profit was supported by a significant rise in other income, which stood at ₹33.5 Crore compared to ₹9.9 Crore in Q4 FY2024.
- Market Capitalization: ₹2,801.66 Crore (as of June 17, 2025)
- P/E Ratio: 13.83
- P/B Ratio: 1.85
- FY2025 Net Profit: ₹202.56 Crore (68.41% YoY growth)
- FY2025 Sales: ₹2,349.51 Crore (21.63% YoY growth)
- Q4 FY2025 Revenue: ₹671.30 Crore (12% YoY growth)
- Q4 FY2025 Net Profit: ₹52.53 Crore (1.5% YoY growth)
- Promoter Holding: 31.7%
The company reported historic financial results for FY2025, achieving a total income of ₹2,407 Crore and a profit after tax of ₹204 Crore. This was achieved despite challenges from a new profit recognition policy that defers earnings until 10% of contracts are executed. With a robust order book of ₹10,545 Crore, primarily from the public sector, management remains optimistic about a 25% revenue growth outlook, even with increased trade receivables.
Recent contract wins include a Letter of Acceptance (LOA) from National High Speed Rail Corporation (NHSRCL) for SCC-Capacit'e (JV), with a total contract value of ₹384.72 Crore. The scope involves 'Design and Build Works for Construction of Maintenance cum Technology Centres at six (6) locations in Gujarat for Mumbai-Ahmedabad High Speed Rail Project.'
Capacit'e Infraprojects' strategic focus on high-growth sectors like data centers and healthcare, coupled with plans for increased capital expenditure, positions the company for future success. The management has outlined ambitious growth plans, aiming for a 20% PAT CAGR, improving Return on Equity (ROE), and achieving ₹4,000 Crore revenue by FY2028.
As of the last reported quarter for Capacit'e Infraprojects Ltd., the shareholding pattern is as follows:
- Promoter: 31.7% (with 33.6% of their holding pledged)
- Foreign Institutional Investors (FII): 13.7%
- Domestic Institutional Investors (DII): 7.5%
- Public: 47.1%
Capacite Infraprojects raised ₹400 Crore in September 2017 through an IPO. The IPO was open for subscription from September 13 to September 15, 2017. Upon its listing on the Bombay Stock Exchange (BSE) on September 25, 2017, the company's shares listed at ₹399 per share, a significant 59.6% premium to the IPO price of ₹250 per share.
The company has been involved in several landmark projects, showcasing its expertise and capability:
- Affordable Housing Project at Panvel (2017): On November 6, 2017, the company secured an ₹825.01 Crore contract (excluding GST) from Arihant Abode Ltd. (an Arihant Superstructures Limited subsidiary) for an affordable housing project in Panvel, Maharashtra. The project involved civil, structural, finishing, and MEP works for eight residential towers, each with 42 floors.
- MHADA Redevelopment Project (2018): On June 22, 2018, Capacit'e Infraprojects Limited announced that a consortium comprising the company (lead member), Tata Projects Limited, and CITIC Construction Co Ltd, received a Letter of Acceptance from Mumbai Housing and Area Development Board (a MHADA Unit) for a total contract value of ₹11,744.26 Crore. This significant project will be executed through a Special Purpose Vehicle (SPV) in which Capacit'e Infraprojects Limited will hold a 37.1% share, worth ₹4,357.12 Crore.
Capacite Infraprojects continues to strengthen its position as a leading EPC contractor in India's construction sector. Its strong financial performance, robust order book, and strategic focus on high-growth segments position it well for sustained future growth.
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