Capacit'e Infraprojects Limited — PPTs, 11-02-2026: Investor Presentation

**Business Performance:** Capacit'e Infraprojects delivered strong Q3 FY26 revenue of ₹675.4 crore, a 14% year-over-year (YoY) increase, marking its highest-ever Q3 revenue. Revenue for the nine months stood at ₹1,910.9 crore, also up 14% YoY. While Profit After Tax (PAT) saw a slight dip, down 3% YoY to ₹50.5 crore in Q3 and 1% YoY to ₹148.5 crore for 9M FY26, the EBITDA margin for 9M FY26 was a healthy 16.6%.

**Growth Drivers/Strategy:** The company's Vision 2028 targets exceeding ₹4,000 crore in revenue with over 20% CAGR, alongside optimizing working capital, maintaining 16.5-17.5% EBITDA margins, and reducing debt. A robust order book of ₹13,188 crore as of December 31, 2025 (5.1x sales) underpins future growth.

**Recent Developments:** Capacit'e has realized ₹38.3 crore from non-core asset sales, expecting another ₹12 crore by March 2026 and ₹50 crore in FY27. Its ₹1,390 crore working capital limits are now fully tied up, enhancing execution capability. Fund-based interest rates have notably decreased from ~12.5% to 10.25%, with further reductions anticipated, positively impacting FY27 finance costs. Year-to-date order inflows of ₹3,909 crore have already surpassed the full-year guidance of ₹3,500 crore.

**Management Commentary/Outlook:** Management anticipates accelerated revenue growth in Q4 FY26 and expects full-year margins to reach the higher end of the 16.5-17.5% guidance, fueled by a strong order book and improved liquidity. The net debt-equity ratio remains healthy at 0.12x.