Chavda Infra Limited, incorporated in 2012, is a prominent provider of construction and allied services across residential, commercial, and institutional projects primarily in Gujarat, with a focus on Ahmedabad and Rajkot. Originally established as a Private Limited Company on October 08, 2012, it was converted to a Public Limited Company and renamed 'Chavda Infra Limited' on May 26, 2023. Based in Ahmedabad, the company is an integral part of the Chavda Group, founded by Mr. Maheshbhai Gunavant Chavda, who brings over 30 years of experience in the civil construction industry.
The company operates as an integrated civil construction entity, offering a diversified range of services throughout the construction value chain. This includes planning, design, construction, and post-construction activities for residential, commercial, and institutional projects. Chavda Infra is recognized for its commitment to quality, holding an ISO 9001:2015 certification for its quality management system by BCQ Assessment.
Chavda Infra is a key component of the Chavda Group, which comprises three businesses: Chavda Infra, Chavda RMC, and Chavda Developers. These entities collectively serve clients across Ahmedabad, Gandhinagar, and Rajkot. To date, the group has successfully completed over 100 projects valued at ₹67,099.45 lakhs, encompassing residential properties, commercial spaces, and institutional infrastructure.
The leadership team consists of experienced professionals with extensive industry expertise. The promoter's journey, beginning as a contractor for repair works, underscores the strong entrepreneurial foundation of the business.
As per recent data, Chavda Infra Limited has a market capitalization of ₹311 Crores. The company reports an operating revenue of ₹605.66 Crores on a trailing 12-month basis. Its financial performance indicates strong momentum, characterized by outstanding annual revenue growth of 49%, a healthy pre-tax margin of 10%, and an exceptional Return on Equity (ROE) of 20%.
The company demonstrates healthy financial ratios, including a reasonable Debt-to-Equity ratio of 14%, suggesting a robust balance sheet. Current valuation metrics as of July 4, 2025, include a Price-to-Earnings (PE) ratio of 15.16 and a book value of ₹45.6.
On June 26, 2025, Chavda Infra reported its FY25 revenue at ₹261 Crores, reflecting an 8% growth. The company also reported EBITDA of ₹56 Crores and announced plans for an equity raise of ₹100 Crores to support expansion initiatives. For the full fiscal year FY24, the company's net profit surged by 55.7% to ₹18.76 Crores, driven by a 49.3% increase in net sales to ₹241.66 Crores compared to FY23.
The company's stock is traded on the NSE SME platform under the symbol CHAVDA. The 52-week high for Chavda Infra Ltd on NSE was ₹208.85, with a 52-week low of ₹111.80. CHAVDA reached its all-time high of ₹208.85 on September 11, 2024, and its all-time low of ₹77.00 was recorded on December 26, 2023.
From a technical perspective, the stock is currently trading below its key moving averages and requires breaking these levels and sustaining above them for any significant upward movement. Analyzing through the O'Neil Methodology, the stock holds an EPS Rank of 82, indicating good earnings consistency. However, its RS Rating of 40 suggests a poor performance relative to other stocks in the market.
Chavda Infra Limited has demonstrated strong execution capabilities in its projects. The company's services span across various construction activities, including RCC work, masonry, plastering, and other related tasks. Projects are typically set for completion within 24 months, highlighting the company's diverse service offerings and efficient project execution.
The company maintains a robust order book. As of recent reporting, the unexecuted order book stood at ₹925.84 Crores. The company secured new orders worth ₹291.73 Crores during the current financial year. This brings the total value of orders on hand to ₹1,378.53 Crores, with an unexecuted order book of ₹797.82 Crores after accounting for recent awards.
As of March 2025, company promoters held a significant 73.00% stake in Chavda Infra Ltd, with no shares pledged. The promoter holding has remained relatively stable over the past six months, indicating a consistent ownership structure.
Chavda Infra Limited has been managing its working capital requirements. However, there has been an increase in debtor days from 96.2 to 125 days and in working capital days from 176 days to 262 days. These trends require monitoring to ensure continuous improvements in operational efficiency.
The authorized share capital of Chavda Infra Limited is INR ₹25.0 Crores, with a paid-up capital of INR ₹24.7 Crores. The Corporate Identification Number (CIN) for the company is U45204GJ2012PLC072245.
The registered office of Chavda Infra Limited is located at:
304 TO 307, 406, 407 BSQUARE I NR. NEPTUNE House, ISCON -AMB, ALI BRTS Road NA, Ahmedabad, Gujarat - 380058.
The company is committed to maintaining transparency in its operations. It regularly updates stakeholders on business developments, financial performance, and strategic initiatives through various investor communications and regulatory filings.
