Mukul Agrawal's portfolio multibagger civil construction stock with Rs 8,828 crore order book: Reports stellar quarterly results (Q1FY25); PAT jumps 180 per cent!
The stock is up by 81.3 per cent from its 52-week low of Rs 187.25 per share and gave multibagger returns of 150 per cent in 2 years.
On Wednesday, shares of Capacite Infraprojects gained 1.53 per cent to Rs 339.45 per share from the previous closing of Rs 334.35 with an intraday high of Rs 349 and an intraday low of Rs 331. The stock has a 52-week high of Rs 355.90 and a 52-week low of Rs 187.25.
Capacite Infraprojects Limited is primarily engaged in the EPC business and provides turnkey solutions for housing, high rises, super high rises, speciality buildings and urban infrastructure. The company offers these services to leading real estate and government bodies in India. The company has a market cap of Rs 2,872 crore and its median sales growth is 34.0 per cent for the last 10 years.
According to Quarterly Results, the net sales increased by 32.4 per cent to Rs 569.75 crore and net profit increased by 180.1 per cent to Rs 53.41 crore in Q1FY25 compared to Q1FY24. In its annual results, the net sales increased by 7.4 per cent to Rs 1,931.64 crore and net profit increased by 26.2 per cent to Rs 120.24 crore in FY24 compared to FY23.
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As of June 30, 2024, the company's gross debt increased to Rs 336 crore from Rs 326 crore on March 31, 2024, with a Gross debt-to-equity ratio of 0.21x. Net Debt stood at Rs 94 crores, resulting in a Net Debt to Equity ratio of 0.06x. Despite increasing debt, the company maintained its focus on project execution and improving working capital. The company's standalone order book reached Rs 8,828 crore, with a significant 72 per cent contribution from the public sector and the remaining 28 per cent from the private sector.
As of June 2024, an ace investor, Mukul Agrawal owns a 6.21 per cent stake in the company. The stock is up by 81.3 per cent from its 52-week low of Rs 187.25 per share and gave multibagger returns of 150 per cent in 2 years. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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