Construction & Engineering company Capacit'e Infraprojects announced consolidated Q4FY24 & FY24 results:
Q4FY24 Financial Highlights:
- Revenue from Operations for Q4FY24 stood at Rs 599 crore, up by 34% as compared to Rs 447 crore in Q4FY24.
- EBIDTA for Q4FY24 stood at Rs 121 crore, up by 41% as compared to Rs 86 crore in Q4FY24.
- EBIDTA margin for Q4FY24 stood at 19.8% as compared to 19.1% in Q4FY23.
- EBIT for Q4FY24 stood at Rs 99 crore, up by 69% as compared to Rs 58 crore in Q4FY24. EBIT margin for Q4FY24 stood at 16.2% as compared to 13.0% in Q4FY23.
- PBT for Q4FY24 stood at Rs 73 crore, up by 97% as compared to Rs 37 crore in Q4FY23. PBT
- margin for Q4FY24 stood at 12.0% as compared to 8.3% in Q4FY23.
- PAT for Q4FY24 stood at Rs 52 crore, up by 139% as compared to Rs 22 crore in Q4FY23. PAT
- margin for Q4FY24 stood at 8.5% as compared to 4.8% in Q4FY23.
FY24 Financial Highlights:
- Revenue from Operations for FY24 stood at Rs 1,932 crore as compared to Rs 1,799 crore in FY23.
- EBIDTA for FY24 stood at Rs 363 crore as compared to Rs 361 crore in FY23. EBIDTA margin for FY24 stood at 18.5% as compared to 20.0% in FY23.
- EBIT for FY24 stood at Rs 262 crore as compared to Rs 225 crore in FY23. EBIT margin for FY24 stood at 13.0% as compared to 12.4% in FY23.
- PBT for FY24 stood at Rs 167 crore as compared to Rs 136 crore in FY23. PBT margin for FY24 stood at 8.5% as compared to 7.5% in FY23.
- PAT for FY24 stood at Rs 120 crore, up by 26% as compared to Rs 95 crore in FY23. PAT margin for FY24 stood at 6.1% as compared to 5.3% in FY23.
- Gross Debt stood at Rs 326 crore as on March 31, 2024 as compared to Rs 370 with Gross Debt to Equity at 0.21x
- Net Debt stood at Rs 69 crore with Net Debt to Equity at 0.05x
- Order book on standalone basis stood at Rs 9,011 crore as of March 31, 2024. Public sector accounts for 69% while private sector accounts for 31% of the total order book.
On the performance Rohit Katyal, Executive Director commented, “As we conclude FY24, we are pleased to report a period marked by significant achievements including the highest ever turnover and profitability both during Q4FY24 and year. The higher execution has helped us in better absorption of fixed cost thereby leading to improved profitability. The capital raised during the year has been strategically deployed to strengthen the execution across projects. Over the past few years, while our order book size has expanded significantly, our project under execution have reduced leading to higher revenue contribution per project, better management and improved margin profile.
We are embarking towards a higher growth phase, backed by a diverse order book from distinguished clients in both public and private sector. The execution across projects has seen marked improvement and we believe the pace should further improve. We remain committed towards improving our working capital cycle and profitability. With strong financial alongside our execution prowess we are confident of setting up new performance benchmarks in the years to come”