Capacite Infraprojects: A Mukul Agrawal-Backed Stock to Watch in the Construction Sector
India’s civil construction sector is witnessing rapid expansion, with the market projected to reach Rs 25.31 trillion by 2025, growing at an annual rate of 11.2%. Forecasts indicate a further rise to Rs 39.10 trillion by 2029, driven by robust infrastructure investments and government initiatives, positioning India as the world’s third-largest construction market by 2025.
With a market capitalization of Rs 2,784.32 crore, the shares of Capacite Infraprojects Ltd were trading at Rs 329.10 per share, decreasing around 3.05 percent as compared to the previous closing price of Rs 339.45 apiece.
As of March 31, 2025, Capacite Infraprojects holds an order book worth Rs 10,545 crore, notably higher than its market capitalization of Rs 2,881.61 crore. The company recorded an order inflow of Rs 2,823 crore in FY25, up from Rs 2,009 crore in FY24.
Despite a declining order book-to-sales ratio (4.5 in FY25), the strong backlog supports robust future revenue visibility. Capacite Infraprojects’ order book shows 68% from public and 32% from private sector projects. Project types are mainly high-rise (86%), with super high-rise and others at 6% and 8%. Category-wise, 57% are residential, 32% mixed-use, and 11% institutional.
The company achieved a 22% YoY turnover increase in FY25, driven by quality orders and better liquidity. Looking forward to the company’s financial performance, revenue increased by 12 percent from Rs 599 crore in Q4FY24 to Rs 671 crore in Q4FY25. During the same period, net profits increased by 2 percent from Rs 52 crore to Rs 53 crore.
Capacite Infraprojects’ key strengths include a solid track record in building construction, a strong order book with marquee clients, diversified project execution, industry-leading margins supported by a robust balance sheet, and an experienced leadership team with deep sector expertise, ensuring efficient project delivery and sustained financial performance.
Capacite Infraprojects boasts a strong client portfolio across both public and private sectors. Key public clients include MHADA, PWD, BSNL, and NBCC, while major private clients feature Lodha, DLF, Oberoi Realty, Prestige, and Godrej Properties, reflecting the company’s trusted execution capabilities in large-scale infrastructure and real estate projects.
As of March 2025, Mukul Agrawal, a prominent investor, holds 51,50,000 equity shares, which is equivalent to 6.09 percent of the company. Capacite Infraprojects Limited is an India-based company that is primarily engaged in the business of engineering, procurement, and construction. The Company offers project designing, construction, and management services to real estate and government bodies.
