Capacit’e Infraprojects Limited Q2 & H1 FY25 Results Release

Capacit’e Infraprojects Limited Q2 & H1 FY25 Results Release

Strong Revenue Growth: ₹ 518.0 crores in Q2 FY25 up 23% Y-O-Y

EBIT Expansion:  ₹ 79.5 crores in Q2 FY25 up 60% Y-O-Y

Healthy PAT: ₹ 44.9 crores in Q2 FY25 up 126% Y-O-Y

Healthy Order Book of ₹ 9,203 crores with robust bid pipeline

Mumbai, November 14, 2024: Capacit’e Infraprojects Limited (“Company”), a fast-growing construction company providing end to end services for residential, commercial, and Institutional building with a presence in Mumbai Metropolitan Region (MMR), Gandhinagar, Pune, Goa, Chennai, National Capital Region (NCR), Hyderabad and Bengaluru today announced its unaudited financial results for the quarter & half year ended September 30, 2024.

Consolidated Performance highlights for H1 FY25 

Revenue from Operations for H1 FY25 stood at ₹ 1,088 crores, up by 28% as compared to ₹ 852 crores in H1 FY24. 

EBIDTA for H1 FY25 stood at ₹ 217 crores, up by 42% as compared to ₹ 153 crores in H1 FY24. EBIDTA margin for H1 FY25 stood at 19.7% as compared to 17.6% in H1 FY24. 

EBIT for H1 FY25 stood at ₹ 173 crores, up by 71% as compared to ₹ 101 crores in H1 FY24. EBIT margin for H1 FY25 stood at 16.1% as compared to 11.6% in H1 FY24.

PAT for H1 FY25 stood at ₹ 98 crores, up by 153% as compared to ₹ 39 crores in H1 FY24. PAT margin for H1 FY25 stood at 8.9% as compared to 4.5% in H1 FY24. 

Consolidated Performance highlights for Q2 FY25 

Revenue from Operations for Q2 FY25 stood at ₹ 518 crores, up by 23% as compared to ₹ 422 crores in Q2 FY24. 

EBIDTA for Q2 FY25 stood at ₹ 101 crores, up by 30% as compared to ₹ 77 crores in Q2 FY24. EBIDTA margin for Q2 FY25 stood at 19.3% as compared to 17.7% in Q2 FY24. 

EBIT for Q2 FY25 stood at ₹ 79 crores, up by 60% as compared to ₹ 50 crores in Q2 FY24. EBIT margin for Q2 FY25 stood at 15.2% as compared to 11.4% in Q2 FY24.

PAT for Q2 FY25 stood at ₹ 45 crores, up by 126% as compared to ₹ 20 crores in Q2 FY24. PAT margin for Q2 FY25 stood at 8.6% as compared to 4.5% in Q2 FY24. 

Gross Debt stood at ₹ 343 crores as on Sep 30, 2024 as compared to ₹ 343 crores as at March 31, 2024 with Gross Debt to Equity at 0.21x. Net Debt to Equity stood at 0.11x 

The Company continued its focus on increasing execution across projects.

Order book on standalone basis stood at ₹ 9,203 crores as of September 30, 2024. Public sector accounts for 73% while private sector accounts for 27% of the total order book. 

On the performance Mr. Rohit Katyal, Executive Chairman commented, “Our Company has commenced the year on a positive note, achieving 28% year-over-year (Y-O-Y) revenue growth from operations during H1FY25 alongside improvement in margins. The back-to- back strong quarterly performance sets the tone for the second half of the year wherein we anticipate further operational improvements. With central elections and monsoons behind us, we are witnessing further uptick in execution across our project sites. 

The improved execution has helped us in better absorption of fixed cost thereby leading to improved profitability. Over the past few years, we have successfully optimized our project portfolio, resulting in significant expansion of order size; reduction in projects under execution; increased revenue contribution per project; enhanced management efficiency leading to improvement in margin profile.

On the order book front we have seen significant traction, both from private and public sector. We have so far been awarded projects worth ₹ 1,459 crores during the current fiscal and are confident of achieving / surpassing our guided our order book addition for FY25.

We have entered a high-growth phase, supported by a diversified order book from esteemed clients across public and private sectors. Leveraging our robust financial position and execution expertise, we are poised to establish new performance standards.”

About Capacit‘e Infraprojects Limited

Capacit’e Infraprojects Limited (Capacit’e/the Company) has etched a name for itself as a quality contractor in the buildings space. Today, it is working with almost all major real estate developers in the country. Capacit’e has been rapidly emerging as a marquee contractor in the building space with good repute. The Company’s sharp focus on the single segment of buildings, with an emphasis on technology, a robust asset base and the promoters’ rich experience in the EPC space have enabled it to scale up quickly in the building space and become a well-respected player. Capacit’e provides end-to-end construction services for High Rise and Super High-Rise Buildings, Townships, Mass Housing, etc. in the residential space, Office Complexes, IT & ITES Parks in the commercial space and Hospitality, Healthcare Facilities, Industrial Buildings, MLCPs in the institutional space.

For more information please visit www.capacite.in

Safe Harbor Statement

Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The Company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.