This construction-focused stock, engaged in civil contracting and infrastructure development, rose over 4% on Tuesday after receiving a Rs 621 crore Letter of Intent for a redevelopment project in Mumbai.
With the market capitalization of Rs 2,770 Crores, the shares of Capacit’e Infraprojects Limited jumped over 4% making an intraday day high of Rs 329.40 per share from its previous closing price of Rs 315.40 per share.
Capacit’e Infraprojects Ltd has received a Letter of Intent worth Rs 621 crore from Saifee Burhani Upliftment Trust for core and shell construction, finishing, and MEPF services for Sector 07 of the Bhendi Bazaar redevelopment project in Mumbai. The contract is part of the company’s regular civil contracting operations.
Commenting on the same, Mr. Rahul Katyal, Managing Director said, “We are thrilled that Capacit’e Infraprojects has been entrusted once again by our valued client, Saifee Burhani Upliftment Trust (SBUT), with the third repeat order. This continued partnership is a testament to the trust and confidence our clients place in us and reflects the strength of our long-standing relationship.
We are delighted by this reaffirmation of our client’s satisfaction, which underscores our unwavering commitment to exceptional service and quality delivery. With a proven track record of completing projects on time and to the highest standards, we remain confident in our ability to meet and exceed expectations. At Capacit’e, we are focused on growing our order book with prestigious, quality projects and further enhancing our reputation for excellence in execution”.
Capacit’e Infraprojects, incorporated in 2012, is a specialized EPC company focused on constructing buildings and factories. It operates across residential, commercial, institutional, and mixed-use segments, including hospitals, data centres, schools, malls, and high-rise buildings. As of March 2025, Ace investor Mukul Mahavir Agrawal holds a 6.09 percent stake in the company.
The company has built over 70 million sq. ft. in just 12 years and holds a Limca Book of Records for the fastest hospital construction. With a strong track record and Rs 10,545 crore order book (as of March 31, 2025), it is a preferred partner for both private and public sector projects.
The company reported a strong performance in FY25, with revenue rising 21.6% to Rs 2,350 crore from Rs 1,932 crore in FY24. Net profit saw a sharp 70% jump to Rs 204 crore, compared to Rs 120 crore a year ago.
Written By Rohan Pandey
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