Capacit'e Infraprojects Limited , a prominent player in the construction sector, has announced its financial results for the second quarter and half-year ended September 30, 2025, showcasing robust growth despite auditor concerns over certain receivables.

Financial Highlights

The company reported a significant increase in total income for Q2 FY26, reaching ₹650.40 crores, up 24% year-on-year from ₹523.40 crores in Q2 FY25. This growth was primarily driven by a 25% increase in revenue from operations, which stood at ₹646.20 crores for the quarter.

Profitability also saw an upward trend:

• EBITDA for Q2 FY26 increased by 14% to ₹108.30 crores, with a margin of 16.8%.
• Net profit after tax grew by 14% to ₹51.10 crores, compared to ₹44.90 crores in the same quarter last year.

For the half-year ended September 30, 2025, Capacit'e Infraprojects reported:

• Total income of ₹1,249.80 crores, up 13% from H1 FY25
• EBITDA of ₹209.90 crores, a 3% increase
• Net profit after tax of ₹98.10 crores

Order Book and Business Outlook

The company's order book remains robust at ₹11,991.00 crores as of September 30, 2025, with a balanced mix of public sector (53%) and private sector (47%) projects. Year-to-date order inflow has reached ₹3,464.00 crores, nearly achieving the full-year guidance of ₹3,500.00 crores with several months still remaining in the fiscal year.

Auditor Concerns

The auditors have raised concerns regarding:

1. Trade receivables amounting to ₹1,155.93 lakhs from a party under Corporate Insolvency Resolution Process (CIRP).
2. Long outstanding receivables of ₹5,492.76 lakhs under legal proceedings.

The management remains confident of recoverability based on legal actions taken and advice from external legal counsel.

Management Commentary

Rohit Katyal, Executive Chairman, commented on the results, stating, "Despite heavy monsoon, project execution accelerated significantly, resulting in the highest-ever Q2 performance. This consistent growth underscores the success of our delivery strategy, relentless focus on operational excellence, and disciplined financial management."

He further added, "Having entered a clear high-growth phase, the Company is anchored by a well-diversified order book, a resilient financial base, and a proven track record of delivery. These strengths position the Company to create sustained value and set new benchmarks in the periods ahead."

Financial Position

As of September 30, 2025, the company's financial position showed:

These figures indicate a strong balance sheet.

Conclusion

Capacit'e Infraprojects Limited continues to demonstrate strong growth momentum in its financial performance, supported by a healthy order book and improved operational efficiency. However, investors should note the auditor's concerns regarding certain receivables and monitor the resolution of these issues in future quarters.

Capacite Infraprojects Limited , a prominent player in the Indian infrastructure sector, has announced the unfortunate demise of Mr. Arun Karambelkar, who served as an Independent Director on the company's board. The company disclosed this information in a regulatory filing to the stock exchanges on November 3, 2025.

Key Details

Mr. Karambelkar, who had been associated with Capacite Infraprojects since 2018, passed away on Sunday, November 2, 2025. His contributions to the company's governance and operations over the past seven years were noted as significant.

Impact on Board Composition

Following Mr. Karambelkar's demise, several changes have been made to the company's board structure and committee compositions:

These changes have taken immediate effect, as per the company's announcement.

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, Capacite Infraprojects has submitted detailed information as required by the SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/0155 dated November 11, 2024.

Company's Response

The Board of Directors and employees of Capacite Infraprojects have conveyed their sincere condolences to Mr. Karambelkar's family. The company acknowledged his valuable contributions during his tenure, which spanned approximately seven years.

This unexpected event may lead to a reorganization of the board committees in the near future. Investors and stakeholders will likely be keen to see how Capacite Infraprojects addresses this vacancy and maintains the strength of its corporate governance structure.

The company has stated that this information will also be available on their official website, www.capacite.in , for public access.