Intimation of change in Management
CAPACITE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Capacit'e Infraprojects reported consolidated revenue of INR 26,227.19 lakhs for FY2026, up 11.6% from INR 23,495.09 lakhs in FY2025. However, net profit after tax declined to INR 19,309.27 lakhs from INR 20,376.82 lakhs in the prior year. The company's statutory auditor M S K A & Associates issued a qualified opinion due to uncertainty over recoverability of INR 1,155.93 lakhs in trade receivables from a party under insolvency proceedings. Additionally, long-standing receivables and contract assets of INR 5,492.76 lakhs are under legal dispute. The Board approved re-appointment of Whole Time Director Subir Malhotra 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. Cost and internal auditors were also re-appointed.
The qualified audit opinion and disputed receivables highlight ongoing asset recovery concerns that could impact future profitability. Revenue growth is positive but declining margins warrant monitoring. Shareholders should note the continuation of audit qualification for the third consecutive year.