Capacite Infraprojects - Q4 FY21 results first cut: Robust performance - YES Securities

- Capacite reported topline growth of 20% yoy and 21% qoq (to Rs.3.7 bn) on standalone basis, ahead of our estimates Rs.3.5 bn.

- Operating margin improved to 18.0% during Q4 FY21 (15.5% in Q4 FY20).

- Adjusted PAT has increased significantly both on yoy and qoq basis (to Rs. 244 mn). This was largely in-line with our estimates.

- The standalone order book at the end of Q4 FY21 stood at ~Rs. 88 bn. The Company has not announced any new order wins during the quarter.

- We currently have a BUY rating on the stock and would review our estimates post Earnings Call.

Shares of Capacite Infraprojects Ltd was last trading in BSE at Rs.209.4 as compared to the previous close of Rs. 206.05. The total number of shares traded during the day was 82752 in over 3352 trades.

The stock hit an intraday high of Rs. 219.5 and intraday low of 207.8. The net turnover during the day was Rs. 17637151.

Source : Equity Bulls

Keywords