Capacite Infra secures orders worth Rs. 486 crore

Capacit'e Infraprojects informed the bourses that it has received an order from Municipal Corporation of Greater Mumbai to redevelop Harilal Bhagwati Municipal General Hospital at Borivali. The said order amounts to Rs. 486.81 crore.

Capacite’s order book (excluding MHADA) as on December 31, 2018, stood at Rs. 7,519 crore. This strong order book gives revenue visibility for the next 4-5 years. The residential segment contributes nearly 77 per cent to the order book, while the commercial & institutional segment contributes around 23 per cent.

During the recent quarter Q3FY19, the company's revenue grew by 22 per cent on YoY basis, whereas net profit increased marginally by 5.3 per cent on YoY basis.

Capacit'e Infraprojects Limited is a leading building construction company with presence in MMR, NCR, Bengaluru, Hyderabad, Chennai, Kochi and Pune, with specialisation in the construction of super high rise buildings.

On Monday, the stock opened at Rs. 237.25 per share and made an intraday high of Rs. 244.70 per share and finally closed at Rs. 238 on the BSE. The stock had hit its 52-week high of Rs. 372.75 on April 24, 2018 and its 52-week low of Rs. 171.10 on October 26, 2018 on the BSE.