Shares of this infrastructure company jumped upto 3 percent in Thursday’s trading session after receiving orders worth Rs. 539 crores from Lodha Group and Raymond. The shares have delivered a multibagger return of 133 percent to its shareholders in one year. 

With a market capitalization of Rs. 2,584 crores, the shares of Capacit’e Infraprojects Ltd started Thursday’s trading session on a higher note at Rs. 307.85 compared to its previous close of Rs. 303.85. During the trading session, the shares hit a high of Rs. 317.80, gaining around 3 percent, also recorded as the company’s fresh 52-week high and closed the day at Rs. 304 apiece. 

Such a positive movement in the share price was observed after the company in an exchange filing announced that they had received orders worth Rs. 549 crores from both Lodha Group and Raymond Ltd. 

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The company received a project from Macrotech Developers Ltd. (Lodha Group) for their luxury residential project in Worli, Mumbai for a total contract value of Rs. 256 crores. 

Further, they bagged a project from Raymond Limited (Realty Division) for additional buildings in Thane and scope enhancement for existing buildings aggregating to Rs. 293 crores. 

Coming onto the company’s financial statement, the revenue increased by 15 percent from Rs. 422 crores in the September quarter to Rs. 481 crores during the December quarter. In addition, the net profits zoomed by 50 percent from Rs. 20 crores to Rs. 30 crores during the same period. 

As of December 2023, the company has a robust order book of Rs. 9,670 crores. This order book includes various projects such as commercial buildings, healthcare facilities, hospitals, medical colleges, police housing, and residential projects. 

Additionally, Public sector orders account for 65 percent of the total order book, while private sector orders make up the remaining 26 percent. 

According to the BSE data, Ace Investor Mr Mukul Agrwal, entering the stock in March 2023, currently holds 60 lakh equity shares equivalent to a 7.09 percent stake in this company. The current holding value of his investment amounts to Rs. 182.9 crores. 

Headquartered in Mumbai, Capacit’e Infraprojects Ltd was incorporated in 2012. The company is engaged in engineering, procurement, and construction. The company provides end-to-end building construction services with a portfolio comprising residential projects, commercial office buildings, such as data centers, and buildings for educational, hospitality, and healthcare purposes. 

Written By Vaibhav Patil 


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