Capacite Infraprojects Q4 Review - Execution Remains The Key: Yes Securities

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Yes Securities Report.Capacite Infraprojects Ltd. reported a weak set of numbers led by slower execution on account of continuous headwinds such as delay in receiving project sites, Covid-19 pandemic and change of contract terms for a marquee client (impact of ~Rs 450 million). However, labour availability is improving and has already reach March 2021 levels. Further liquidity position has improved with promoters opting for preferential shares at premium (Rs 160/share) and enhancement of funding (Rs 1 billion) from various banks. Work at MHADA project (under special purpose vehicle company share 35%) has commenced and is expected to book revenue of Rs 5 billion in FY23E. Capacite Infraprojects' management indicated bid pipeline to remain strong and expects to bag Rs 20‐25 billion of order inflows in FY23E..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Capacite Infraprojects Q4 Review - Execution Remains The Key: Yes Securities

Capacite Infraprojects Q4 Review - Execution Remains The Key: Yes Securities

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