Current Infraprojects FY26 net profit rises 49% to ₹14 crore
Current Infraprojects Limited announced its audited financial results for FY26, reporting a net profit of ₹14 crore, a 49% increase from the previous year. Revenue from operations surged 76% to ₹160.4 crore, led by a four-fold growth in solar segment revenue. The company achieved an EBITDA of ₹23 crore and maintained an order book of ₹305 crore as of March 31, 2026. IPO proceeds were utilized for working capital and subsidiary investment.

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Current Infraprojects Limited reported a net profit of ₹14 crore for the financial year ended March 31, 2026, representing a 49% increase from ₹9.5 crore in the previous year. The company's revenue from operations surged 76% year-on-year to ₹160.4 crore, driven primarily by a four-fold expansion in its solar segment revenue to ₹96 crore. The Board of Directors approved the audited standalone and consolidated financial results for the half year and year ended March 31, 2026, at a meeting held on May 26, 2026.
The company achieved an EBITDA of ₹23 crore for FY26, an increase of 58% compared to the prior year, with an EBITDA margin of 14.5%. During the half-year ended March 31, 2026 (H2 FY26), revenue reached ₹116 crore, exhibiting 154% growth over H2 FY25, while EBITDA stood at ₹16 crore. The statutory auditor, Rajvanshi & Associates, issued an unmodified opinion on the financial statements, confirming they give a true and fair view of the company's state of affairs.
Financial Performance
The company's consolidated financial results for FY26 show strong top-line and bottom-line expansion. Total income for the year rose to ₹171.49 crore, while total expenses were recorded at ₹152.18 crore. The profit before tax for the year was ₹19.31 crore. The earnings per share (EPS) for the year was reported at ₹8.48.
Key Financial Metrics (Consolidated)
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 11589.79 | 9088.42 |
| Total Income | 11647.97 | 9132.68 |
| Total Expenses | 10270.35 | 7856.80 |
| Profit Before Tax | 1377.42 | 1275.88 |
| Net Profit | 1015.33 | 1405.18 |
| Earnings Per Share (Basic) | 8.31 | 7.00 |
Growth Strategy and Order Book
Current Infraprojects expanded its operational footprint into multi-state utility bidding circles during the fiscal year. As of March 31, 2026, the company's order book stood at ₹305 crore, compared to a running order pipeline of ₹280 crore in the previous fiscal year. The company commissioned four RESCO power plants, securing long-term Power Purchase Agreements (PPAs) with Jodhpur Discom and IIT Dhanbad, which are expected to generate ₹6 crore in annual levelized revenue for the next 25 years.
Capital Allocation and IPO Proceeds
During the financial year, the company allotted 52,25,600 equity shares of face value ₹10 each at an issue price of ₹80 per share, including a premium of ₹70, pursuant to its Initial Public Offering (IPO). Additionally, the company allotted 4,22,400 equity shares on a private placement basis. The net proceeds of the issue, amounting to ₹3854.48 lakh, were utilised for funding the working capital requirements of the company and investing in a wholly-owned subsidiary, Current Infra Dhanbad Solar Private Limited, for setting up a solar plant. The working capital position as of March 31, 2026, was reported at ₹7214.96 lakh.
Historical Stock Returns for Current Infraprojects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.97% | -3.98% | -6.49% | -24.11% | -24.98% | -24.98% |
How does Current Infraprojects plan to sustain the four-fold solar revenue growth given the competitive utility bidding landscape?
What is the expected timeline for the capital deployment into the wholly-owned subsidiary and the subsequent impact on future earnings?
With the order book growing only 9% YoY against a 76% revenue surge, what strategies are in place to secure new contracts to maintain momentum?































