🏢 Capacit’e Infraprojects FY25 Results: ₹2,407 Cr Revenue, ₹204 Cr PAT, and ₹10,545 Cr Order Book — But What’s That Auditor Whispering About?

📈 CMP: ₹362.30 | 🔺 +4.85% today
🏗️ Sector: Construction | 🏙️ Focus: Buildings EPC | 💰 FY25 PAT Up 69%

📌 At a Glance

Capacit’e just clocked its highest-ever revenue and profit, with FY25 PAT surging 69% to ₹204 Cr. Revenues hit ₹2,407 Cr (up 23%), and the order book sits fat at ₹10,545 Cr. But amidst all this success, auditors dropped a mild warning: ₹63.6 Cr of receivables may need divine intervention (or property litigation) to recover.

So… capex king or receivable risk?

🏢 About the Company

• Founded: 2012
• Business: Pure-play construction player focused solely on buildings
• Segments:
  • High-Rise & Super High-Rise Residential
  • Commercial IT Parks & Offices
  • Institutional (Hospitals, MLCPs, Educational)
• Geography: MMR, Pune, Goa, Chennai, Bengaluru, Hyderabad, NCR, Gandhinagar

Clients include India’s biggest real estate developers. The company stays far from roads, power, and bridges. It only builds actual buildings — like a specialist in a world of general contractors.

👨💼 Key Management

• Rohit Katyal – Executive Chairman & “Cashflow Crusader”
• Rajesh Das – CFO, handling investor nerves and debt numbers
• Auditor – The guy who casually flags ₹63.6 Cr as “maybe, maybe not” recoverable.

📊 FY25 Financials (Consolidated)

🧾 Q4FY25

• Revenue: ₹705 Cr (↑16%)
• PAT: ₹53 Cr (↑2%)
• EBITDA Margin