Mukul Agarwal Stock: A Strong Order Book of ₹11,254 Cr Makes It a Promising Addition to Your Watchlist

The civil construction sector continues to expand robustly in 2025, with the global market expected to reach $13.8 trillion this year and forecast for steady growth. Driven by urbanization, infrastructure investment, and the adoption of digital technologies like BIM, the industry remains essential for societal development and economic growth.

With a market capitalization of Rs 2,547.43 crore, the shares of Capacite Infraprojects Ltd closed at Rs 301.15 per share, a decrease of around 2.37 percent compared to the previous closing price of Rs 308.40. Despite this minor dip, the company's strong fundamentals and robust order book make it a compelling investment.

The company’s order backlog has shown consistent growth over the years, rising from ₹8,702 crore in FY22 to ₹11,254 crore in Q1 FY26. This steady increase reflects strong project inflows and execution capabilities, ensuring sustained business momentum. The order book position highlights healthy demand in the infrastructure sector.

Additionally, order inflow has been volatile, with a peak of ₹3,462 crore in FY23 before declining to ₹1,290 crore in Q1 FY26. Despite this moderation, the order book-to-sales ratio has remained around 4.8–6.5, indicating sufficient revenue visibility. Overall, the company is well-positioned with a robust order pipeline supporting future growth.

The company is strategically focusing on larger projects to enhance efficiency and revenue per project. Execution is improving with strong contributions expected from CIDCO, NBCC, MHADA, and Signature Global. Profit recognition is set to ramp up from Q2–Q3. With a healthy pipeline in public and private sectors, including traction in data centers and healthcare, growth prospects look promising.

FY25 marked a breakthrough year with record growth, and the company remains confident of achieving its 20 percent revenue growth target in FY26. Q1 revenue stood at ₹599 crore, impacted by early monsoons, but a strong ramp-up is expected in H2 with revenue of Rs.1,500+ crore. Margins remain stable, with EBITDA at 16.5–17.5 percent and PAT supported by cost optimization.

As of June 2025, a prominent ace investor, Mukul Agrawal, holds 5,150,000 equity shares, which is equivalent to 6.09 percent in the company. This significant stake highlights the confidence of institutional investors in the company's growth potential.

Capacit’e Infraprojects Limited is an India-based company, 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. With its strong order book and strategic focus, Capacite Infraprojects Ltd is well-positioned to capitalize on the growing demand in the infrastructure sector.

Investors looking to diversify their portfolio with a strong, well-managed company in the civil construction sector should consider adding Capacite Infraprojects Ltd to their watchlist. The robust order book and strategic focus on larger projects make it a promising investment opportunity in the current market environment.