Capacite Infraprojects Limited has informed the Exchange about change in Management
CAPACITE · price
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Capacit'e Infraprojects Limited held its Board Meeting on May 20, 2026, approving Q4 and full year FY2026 audited financial results. Consolidated revenue from operations grew to INR 26,227.19 lakhs from INR 23,495.09 lakhs in FY2025, but net profit after tax declined to INR 1,930.93 lakhs from INR 2,037.68 lakhs. The auditors issued a qualified opinion due to INR 1,155.93 lakhs in trade receivables from one party whose recoverability could not be verified. Additionally, INR 5,492.76 lakhs in long-outstanding receivables and contract assets are under legal recovery action. The Board also approved re-appointment of Mr. Subir Malhotra as Whole Time Director for 5 years from November 2026, incorporation of a CSR foundation, and expansion of the company's object clause to include fire detection and protection systems.
Revenue growth was offset by profit decline and a qualified audit opinion on receivables recovery, which may concern investors about asset quality and cash flow realisation in this EPC company.