The call ran from 10:59 AM to 12:01 PM IST (1 h 2 min).

Key takeaways

Record ₹771 Cr Q2 revenue (+19%) masks a profit decline: PAT ₹48 Cr vs ₹51 Cr, and EBITDA margin of 15.5% sits at the guidance floor. Management called the analyst's contract-asset concern incorrect and gave no aging data on the call.

Guidance and delivery
EBITDA Margin: guided vs achieved	15.50% achieved Guided 15.50%–16.50%, -6.1% above the top of the range

Highlights
Revenue growth	Q2 revenue +19% YoY to ₹771 Cr; H1 +13% to ₹1,400 Cr.
Margins	EBITDA margin 15.5% Q2, 15.6% H1; PAT margin 6.1% Q2.
Order book	₹13,013 Cr at 30 Sep 2026; 54% public, 46% private.
Demand visibility	Active bid negotiations ₹3,270 Cr; management sees strong pipeline.
Management confidence	Balanced-to-defensive; dismissed contract-asset concern as incorrect.

Growth

Revenue ₹771 Cr, +19% YoY; EBITDA +10%; PAT fell to ₹48 Cr from ₹51 Cr.

Outlook

FY27 order inflow target ₹4,500 Cr (~₹2,487 Cr secured); FY28 revenue ₹4,000 Cr; FY27 EBITDA margin 15.5–16.5%.

Risks

Margin at 15.5% guidance floor; H1 EBITDA +4% only; contract-asset dispute; NGT Delhi-NCR shutdowns; commodity pressure.

Last quarter's promises, checked

Partly delivered

FY27 revenue growth ~20% YoY → H1 +13% to 1,400 Cr; Q2 +19% to 771 Cr (= PARTIAL)
EBITDA margin 15.5–16% → 15.5% Q2 (= PARTIAL, at floor)

Missed

Q2 order inflow >50% of 5,000 Cr band (~2,500 Cr) → ~2,487 Cr FY27 secured YTD (= MISS)
Net debt-free within 8 quarters, 'well on track' → net debt guided flat-to-lower (= MISS)
FY27 order inflow 4,500–5,000 Cr → target now 4,500 Cr (= MISS, upper band dropped)

Summary by ALFA Finder, written with AI assistance from the earnings call transcript the company filed, published 5 Nov 2026, 3:50 PM IST. Open it on ALFA Filings ›

The results behind this call

4 Nov 2026 14:50 IST BSE

Financial Results

Capacit'e Infraprojects Q2 FY27 Results: Net Profit ₹47.6 Cr, Down 6.8% YoY

Capacit'e Infraprojects Ltd reported revenue from operations of ₹770.9 Cr (+19.3% YoY) and net profit of ₹47.6 Cr (-6.8% YoY) for Q2 FY27.

Key figure: Net profit ₹47.6 Cr · -6.8% YoY

Open full results → Read the filing ↗

What management said last time

Full summary →

From the call summary published 10 Aug 2026.

Outlook they gave

Guided 20% revenue growth for FY27; order inflow target ₹4,500Cr to ₹5,000Cr.

Growth they described

Revenue grew 7% YoY to ₹629Cr; however, EBITDA moderated 3% due to commodity price provisions.

Call details

Company	Capacit'e Infraprojects Limited
NSE symbol	CAPACITE
ISIN	INE264T01014
Call	Q2 FY27 earnings call
Date	Thursday, 5 November 2026
Time	11:00 AM IST
Length	1 h 2 min