Mukul Agarwal Stock in Focus After Capacite Infraprojects Secures ₹1,320 Cr NBCC Order
Mukul Agarwal Stock : Infraprojects Ltd, a leading Engineering, Procurement, and Construction (EPC) company, grabbed headlines on Friday after securing a significant work order worth ₹1,320 crore from NBCC (India) Limited. The company, known for its expertise in constructing high-rise residential and commercial buildings, saw its stock price react sharply following the announcement.
Stock Performance: Sharp Drop Amid Volatility
On Friday, shares of Capacite Infraprojects witnessed a 15% decline in intraday trading, dropping to ₹309.20 per share from its previous closing price of ₹363. However, the stock later recovered some losses and was trading at ₹336.15, still 7.4% lower than its previous close.
Despite the temporary dip, the company’s long-term prospects remain promising, especially with its strong order book and established reputation in the construction sector.
About the NBCC Order
Capacite Infraprojects has been awarded the ₹1,320 crore EPC contract by NBCC (India) Limited, a prestigious Navratna PSU. The project involves the development of Leisure Valley Phase-II Residential Apartments in Greater Noida, Uttar Pradesh. Additionally, the contract includes a two-year Operations & Maintenance (O&M) services agreement post-completion.
This new project further strengthens Capacite’s growing portfolio in the public sector infrastructure space, which currently contributes about 63% of its order book.
Capacite Infraprojects: A Market Leader in EPC Projects
Capacite Infraprojects Ltd specializes in providing turnkey construction solutions across various sectors, including:
- High-rise residential and commercial buildings
- Urban infrastructure projects
- Healthcare, hospitality, and education sectors
The company has completed over 60 projects across India and is recognized for its expertise in executing large-scale developments within strict deadlines. Notably, Capacite holds a Limca Book of Records title for the fastest construction of a hospital.
As of Q3 FY25, Capacite’s order book stands at ₹10,047 crore, with a balanced mix of public and private sector projects. Key clients include CIDCO, BSNL, GIFT City, Oberoi Realty, Piramal, and DLF.
Mukul Agarwal’s Stake in Capacite Infraprojects
Ace investor Mukul Mahavir Agarwal has a 6.09% stake in the company, amounting to 51.5 lakh equity shares as of Q3 FY25. His investment in Capacite highlights confidence in the company’s future growth potential, especially amid rising demand for infrastructure development in India.
Financial Overview and Key Ratios
| Metric | Value |
|---|---|
| Market Cap | ₹2,846 Cr |
| Current Price | ₹337 |
| 52-Week High/Low | ₹465 / ₹210 |
| Stock P/E | 14.1 |
| Book Value | ₹191 |
| Price to Book Value | 1.77 |
| Dividend Yield | 0.00% |
| ROCE (Return on Capital Employed) | 16.1% |
| ROE (Return on Equity) | 9.44% |
| Debt to Equity Ratio | 0.21 |
| Debt | ₹346 Cr |
| Industry P/E | 30.8 |
| PEG Ratio | 3.01 |
| Intrinsic Value | ₹284 |
| Graham Number | ₹320 |
| Piotroski Score | 5.00 |
| Face Value | ₹10.0 |
| ROIC (Return on Invested Capital) | 10.6% |
What’s Next for Capacite Infraprojects?
With a strong order book and a mix of public and private sector projects, Capacite is well-positioned for future growth. The company’s strategic focus on government-backed projects ensures stability, while its execution capabilities give it a competitive edge.
While the recent stock drop might concern short-term investors, long-term investors could see this as a buying opportunity, considering the company’s robust fundamentals and growth trajectory.
Conclusion
Capacite Infraprojects’ latest order from NBCC (India) Ltd reinforces its position as a leading EPC player in India. Backed by strong financials, a healthy order book, and interest from high-profile investors like Mukul Agarwal, the company is poised for sustained growth in the coming years.
Investors should keep an eye on the stock’s movement, upcoming project completions, and financial results to gauge the company’s long-term potential.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.