Capacite Infraprojects Ltd (CAPACITE)

Capacite Infraprojects Raises Funds Through Private Placement - 24 Jun, 2024

Capacite Infraprojects has raised Rs 30 crore through the issuance of NCDs and received approval to raise up to Rs 136.50 crore via share warrants. The company's order book as of March 31, 2024, stands at Rs. 9,011 crores, with 69% from the public sector and 31% from the private sector.

Capacite Infraprojects Reports Strong Q4FY24 Results - 19 Jun, 2024

Ace investor Mukul Mahavir Agrawal holds a 6.21% stake in Capacite Infraprojects Ltd, which reported revenue growth of 34.06% from Rs. 446.72 Crores to Rs. 598.89 Crores YoY in Q4FY24, accompanied by profits of Rs. 51.81 Crores. Positive outlook for the stock.

Capacite Infra Q4 2024 Net Sales Up by 34.06% YoY - 18 Jun, 2024

Capacite Infra's consolidated net sales for March 2024 stood at Rs. 598.89 crore, up 34.06% YoY. The quarterly net profit increased to Rs. 51.76 crore in March 2024 from Rs. 21.65 crore in March 2023. EBITDA stands at Rs. 120.84 crore in March 2024, up 41.32% YoY. Capacite Infra shares closed at Rs. 328.65 on June 14, 2024 (NSE) and have given returns of 20.72% over the last 6 months and 60.98% over the last 12 months.

Capacite Infraprojects Shows Strong Growth Prospects - 17 Jun, 2024

Indian construction company, Capacite Infraprojects, is expected to expand earnings by 24.4% annually, outpacing the broader Indian market's growth expectation of 16%. The firm maintains a competitive edge with a lower P/E ratio of 23.1x compared to the market average of 32.3x. Recent strategic moves include securing INR 1 billion through non-convertible debentures and leadership adjustments poised to bolster operational expertise and governance.

Capacite Infraprojects Board Approves Fund Raising of up to Rs 100 Crore - 11 Jun, 2024

Capacite Infraprojects' board has approved fund raising of up to Rs 100 crore by issuing non-convertible debentures on a private placement basis. The NCDs will mature within 42 months from the date of first subscription, with a fixed coupon rate of 13.8% per annum and will be redeemed in fourteen quarterly installments starting from the date of first subscription. Capacite Infraprojects reported a consolidated net profit of Rs 51.76 crore on a 34.1% increase in net sales to Rs 598.89 crore in Q4 FY24 over Q4 FY23.

Capacite Infraprojects Defers Decision on Fundraising - 04 Jun, 2024

Capacite Infraprojects has appointed Rohit Katyal as Chairman and deferred the decision on raising funds up to Rs 100 crore through non-convertible debentures.

Capacite Infraprojects Board Considers Fundraising through NCDs - 03 Jun, 2024

The Board of Capacite Infraprojects has considered raising funds up to Rs 100 crore through Non-Convertible Debentures on a private placement basis. The decision has been deferred pending further information and possible modifications in the terms of NCDs.

Capacite Infraprojects Reports Strong Earnings and Considers Fundraising - 30 May, 2024

Capacite Infraprojects reports strong FY24 earnings with an EPS of ₹16.09, revenue up 9.2%, and net income up 26%. The company's board will meet on June 3 to consider raising funds up to Rs 100 crore via non-convertible debentures. Citi maintains a 'buy' rating on the stock with a target price of Rs 400.

Capacite Infraprojects Reports Strong Financial Results - 29 May, 2024

Capacite Infraprojects reported strong financial results with a surge in revenue and net profit for Q4 FY24. The company's order book also stood at Rs. 9,011 crore as of March 31, 2024.