Current Infraprojects Ltd
Established in 2013, Current Infraprojects Limited (CIPL) is an infrastructure and renewable energy company offering civil, mechanical, electrical, and water engineering services.[1]
- Market Cap ₹ 276 Cr.
- Current Price ₹ 144
- High / Low ₹ 163 / 123
- Stock P/E 26.6
- Book Value ₹ 36.8
- Dividend Yield 0.00 %
- ROCE 55.5 %
- ROE 68.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 47.3%
- Company's working capital requirements have reduced from 41.7 days to 30.9 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 61 | 61 | 78 | 100 | 104 | |
| 58 | 58 | 69 | 85 | 88 | |
| Operating Profit | 3 | 3 | 8 | 15 | 16 |
| OPM % | 5% | 5% | 11% | 15% | 15% |
| 0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 2 | 2 | 7 | 13 | 14 |
| Tax % | 25% | 27% | 26% | 25% | |
| 2 | 1 | 5 | 10 | 10 | |
| EPS in Rs | 5.03 | 4.97 | 5.66 | 7.24 | 6.69 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 86% |
| TTM: | 94% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 47% |
| Last Year: | 68% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|
| Equity Capital | 3 | 3 | 9 | 19 |
| Reserves | 5 | 6 | 5 | 51 |
| 7 | 9 | 12 | 8 | |
| 18 | 18 | 16 | 8 | |
| Total Liabilities | 32 | 36 | 42 | 87 |
| 1 | 1 | 2 | 3 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 10 |
| 31 | 34 | 40 | 75 | |
| Total Assets | 32 | 36 | 42 | 87 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -4 | 1 | -1 | 1 | |
| -2 | -2 | -2 | -0 | |
| 4 | 1 | 4 | -0 | |
| Net Cash Flow | -1 | 0 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 32 | 86 | 78 | |
| Inventory Days | 116 | 91 | 102 | |
| Days Payable | 114 | 120 | 59 | |
| Cash Conversion Cycle | 34 | 57 | 120 | |
| Working Capital Days | 32 | 54 | 40 | |
| ROCE % | 18% | 35% |
Documents
Announcements
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Updates
28 November 2025 - Three 2.52 MW solar plants commissioned; total minimum annual revenue Rs.422.62 lakh; PPAs dated 25.09.2024.
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Outcome of Board Meeting
7 November 2025 - Approved unaudited H1 results to Sept 30, 2025; IPO utilization certificate; trading window closed.
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Updates
18 October 2025 - Won two EPC GSS orders totalling INR 16.31 crore; 6‑month completion from LOA.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 October 2025 - Share capital reconciliation audit for quarter ended Sep 30, 2025; issued/listed capital 1,91,48,000 shares.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 October 2025 - SEBI Reg 74(5) certificate: all shares dematerialized; no rematerialisation requests for quarter ended 30 Sep 2025.
Service Capabilities[1][2]
Current Infraprojects Limited (CIPL) offers a range of services primarily in electrical infrastructure development and EPC (Engineering, Procurement & Construction) contracting.