Capacit’e Infraprojects Limited, a fast growing construction company providing end to end services for residential, commercial and Institutional building with presence in Mumbai Metropolitan Region (MMR), Pune, Chennai, National Capital Region (NCR), Kochi, Hyderabad and Bengaluru announced its Unaudited Financial results for the quarter and half year ended September 30, 2017.
Performance highlights for the half year ended September 30, 2017
Total Income for H1 FY18 grew by 16.1% to Rs. 596 Crores as compared to Rs. 513 Crores in H1FY17. Revenues would have been higher however there was some impact on account of GST implementation. All our contracts have been negotiated on basis of new taxation regime.
EBITDA for H1 FY18 grew by 9.7% to Rs. 99 Crores as compared to Rs. 90 Crores in H1 FY17.
PAT for H1 FY18 grew by 28.5% to Rs. 34 Crores as compared to Rs. 26 Crores in H1 FY17. The Margin improved by 50 bps. Diluted EPS for H1 FY18 stood at Rs. 7.16 per equity share.
Cash PAT for H1 FY18 grew by 12.4% to Rs. 64 Crores as compared to Rs. 57 Crores in H1 FY17. Cash EPS for H1 FY18 stood at Rs. 13.66 per equity share.
Our Gross Debt/Equity ratio at the end of September 30, 2017 stood at 0.19x. The cash & bank balance stood at Rs. 375 Crores as at the end of September 30, 2017. The Net working capital days stood at 62 days.
Net cash flow from operating activities stood at Rs. 56 crores in H1 FY 18.
Our Orderbook as at end of September 30, 2017 stood at Rs. 4,705 Crores.
Rohit Katyal, Executive Director & CFO commented, “We have momentum on our side in terms of execution and orderbook. Our focus will continue towards improving our competitive edge in the Building Construction industry thereby ensuring value creation for our stakeholders. The regulatory changes witnessed by Real Estate in India in the recent past have helped organized players to outperform and we expect this trend to continue. We are adding capabilities to add and execute challenging and complex projects which we believe will help us outperform.”