StockWatch
·

Capacite Infraprojects Ltd

BSE: 540710

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
528.41
-11.9%+2.4%
Expenditure
480.81
-10.9%+4.5%
Net Profit
35.31
-22.0%-12.9%
OPM %
18.37%
-0.35pp-0.31pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
0.00175.50351.01526.51702.01Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Guidance Cracks Under Execution Drag

execution risk · guidance miss · order backlog

Result verdictFollow-upQ1 FY2717 Aug 20266 minIndustrials & Infra

Guidance reaffirmed but Q1 delivery soft; H2 execution critical

execution risk · order backlog ramp · commodity provisions

TranscriptDeep diveQ1 FY2717 Aug 20266 minIndustrials & Infra

Capacite Infra Q1 FY27: consolidated PAT falls 15% YoY on margin compression, revenue +7%

epc construction · margin compression · revenue growth miss

ResultsQ1 FY2707 Aug 20263 minIndustrials & Infra
Latest
Quarterly Result7 Aug, 1:18 pm

Capacite Infra Q1 FY27: consolidated PAT falls 15% YoY on margin compression, revenue +7%

Capacit'e Infraprojects' consolidated PAT fell 15.2% YoY to ₹39.84 Cr (from ₹46.99 Cr in Q1 FY26) even as revenue from operations grew 6.7% YoY to ₹628.93 Cr, a classic case of topline growth not converting to the bottom line. Sequentially, both revenue (-11.6% QoQ) and PAT (-10.6% QoQ) declined from Q4 FY26 — a seasonal step-down typical of construction/EPC names, where the year-end quarter carries a heavier billing catch-up, rather than a fresh deterioration. Standalone PAT of ₹35.31 Cr was down a smaller 12.9% YoY, with standalone revenue growth of just 2.8% YoY versus 6.7% at the consolidated level — the gap indicates subsidiaries, not the core EPC entity, drove the incremental topline. Margins compressed on both counts: OPM (EBITDA margin) slipped to 15.69% from 17.24% a year ago, and NPM fell to 6.23% from 7.84%. The squeeze traces to finance costs (₹27.58 Cr, +15.7% YoY) and depreciation (₹29.21 Cr, +16.9% YoY) both growing more than twice as fast as revenue, a sign of a heavier balance sheet (capex, working capital) outrunning execution pace in the quarter. On guidance, management's Q4 FY26 concall had called for 20% YoY revenue growth in FY27 and an EBITDA margin band of 15.5-16.5% — this quarter's 6.7% YoY revenue growth is well short of that pace (guidance missed), while the 15.69% OPM sits inside the guided margin band (guidance met on margins). No press release commentary from management was available to cross-check against the print, and we found no analyst/consensus estimates for this specific quarter, so the result cannot be benchmarked against Street numbers this time. On corporate activity, the ₹482 Cr order win from Twenty-Five Downtown Realty came on July 14, 2026 — after the June-quarter close — so it supports the order book heading into Q2 but is not reflected in these numbers. The auditors' review flagged, as in prior quarters, a ₹11.56 Cr disputed trade receivable (subject to a re-admitted NCLT CIRP process) with a qualified conclusion, plus a separate ₹54.93 Cr of other long-outstanding receivables and contract assets under legal recovery action across NCLT, High Court and RERA forums — both unchanged in nature from FY26 disclosures. Going into Q2 FY27, the quarter sets up a test of whether revenue growth accelerates toward the 20% FY27 guidance or management recalibrates that target, and whether margins hold within the 15.5-16.5% band as the ₹165 Cr planned capex (aluminum formwork, jump-form equipment) comes online.

7 Aug 2026, 01:18 pm

Corporate Events

Board MeetingCAPACITE
2026
7Aug

Board Meeting

The Board of Directors approved the Unaudited Standalone and…

BSE Filing ↗
Board MeetingCAPACITE
2026
24Jul

Board Meeting

The 14th Annual General Meeting ("AGM") of the Company is sc…

BSE Filing ↗
Board MeetingCAPACITE
2026
24Jul

Board Meeting

The 14th Annual General Meeting ("AGM") of the Company is sc…

BSE Filing ↗
Board MeetingCAPACITE
2026
17Jun

Board Meeting

To consider and approve the issuance of Senior, Secured, Rat…

BSE Filing ↗
Board MeetingCAPACITE
2026
20May

Board Meeting

The board meeting is scheduled to consider and approve the A…

BSE Filing ↗
Board MeetingCAPACITE
2025
13Nov

Board Meeting

Update on board meeting, raising funds through the issuance …

BSE Filing ↗
Board MeetingCAPACITE
2025
6Mar

Board Meeting

various fund-raising options

BSE Filing ↗
Board MeetingCAPACITE
2024
14Aug

Board Meeting

Consider and approve the financial results

BSE Filing ↗
Board MeetingCAPACITE
2024
28May

Board Meeting

Consider and approve Audited financial results/statements

BSE Filing ↗
Board MeetingCAPACITE
2024
14Feb

Board Meeting

Consider and approve an unaudited Financial Results (Standal…

BSE Filing ↗
Board MeetingCAPACITE
2023
14Nov

Board Meeting

Consider and approve Financial Results (Standalone and Conso…

BSE Filing ↗
Board MeetingCAPACITE
2023
11Aug

Board Meeting

Consideration and approval of Un-Audited Financial Results (…

BSE Filing ↗