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 ₹ 260 Cr.
- Current Price ₹ 136
- High / Low ₹ 163 / 106
- Stock P/E 25.1
- Book Value ₹ 36.8
- Dividend Yield 0.00 %
- ROCE 41.7 %
- ROE 50.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 41.3%
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 | 5.61 | 7.23 | 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: | 95% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 41% |
| Last Year: | 51% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 9 | 14 | 19 |
| Reserves | 5 | 6 | 5 | 11 | 51 |
| 7 | 9 | 12 | 20 | 8 | |
| 18 | 18 | 16 | 26 | 8 | |
| Total Liabilities | 32 | 36 | 42 | 71 | 87 |
| 1 | 1 | 2 | 3 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 3 | 10 |
| 31 | 34 | 39 | 64 | 75 | |
| Total Assets | 32 | 36 | 42 | 71 | 87 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -4 | 1 | -1 | 1 | |
| -2 | -2 | -3 | -0 | |
| 4 | 1 | 4 | -0 | |
| Net Cash Flow | -1 | 0 | 0 | -0 |
| Free Cash Flow | -4 | -0 | -2 | -1 |
| CFO/OP | -114% | 36% | 10% | 28% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 32 | 86 | 78 | 104 |
| Inventory Days | 116 | 91 | 102 | 126 |
| Days Payable | 114 | 120 | 59 | 105 |
| Cash Conversion Cycle | 34 | 57 | 120 | 125 |
| Working Capital Days | 32 | 54 | 40 | 41 |
| ROCE % | 18% | 35% | 42% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Annual Operating Income INR Crore |
|
|
| Number of Solar SPVs (Subsidiaries) Number |
||
| Revenue Contribution - Civil Engineering / EPC % |
||
| Revenue Contribution - Electrical EPC % |
||
| Revenue Contribution - Real Estate Activities % |
||
| Revenue Contribution from Top 3 States (Rajasthan, Kerala, Uttar Pradesh) % |
||
Documents
Announcements
-
Updates
26 March 2026 - Promoter MD Sunil Gangwar bought 4,800 shares (0.025%) on Mar 16,20,24 2026 via open market.
-
Trading Window
25 March 2026 - Trading window closed from 1 Apr 2026 until 48 hours after board declares FY2026 results.
-
Analysts/Institutional Investor Meet/Con. Call Updates
12 March 2026 - Analyst/investor virtual meeting on 12 Mar 2026 (12:00–12:30); no presentation or UPSI shared.
-
Analysts/Institutional Investor Meet/Con. Call Updates
6 March 2026 - Management to hold virtual analyst/investor meeting on 12 March 2026 at 12:00 PM.
-
Change in Company Secretary/Compliance Officer
2 March 2026 - Jai Shree Rathore resigned; Sonali Nawndher appointed Company Secretary and Compliance Officer effective 3 March 2026.
Service Capabilities[1][2]
Current Infraprojects Limited (CIPL) offers a range of services primarily in electrical infrastructure development and EPC (Engineering, Procurement & Construction) contracting.