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 ₹ 214 Cr.
- Current Price ₹ 112
- High / Low ₹ 163 / 106
- Stock P/E 14.9
- Book Value ₹ 41.9
- Dividend Yield 0.00 %
- ROCE 30.7 %
- ROE 27.5 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 64.2 days to 112 days
* 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.
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 | Mar 2026 | |
|---|---|---|---|---|---|
| 61 | 61 | 78 | 100 | 170 | |
| 58 | 58 | 69 | 85 | 149 | |
| Operating Profit | 3 | 3 | 8 | 15 | 21 |
| OPM % | 5% | 5% | 11% | 15% | 12% |
| 0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 2 | 2 | 7 | 13 | 19 |
| Tax % | 25% | 27% | 26% | 25% | 26% |
| 2 | 1 | 5 | 10 | 14 | |
| EPS in Rs | 5.03 | 4.97 | 5.61 | 7.23 | 7.49 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 41% |
| TTM: | 71% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 113% |
| TTM: | 47% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 35% |
| Last Year: | 28% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 9 | 14 | 19 |
| Reserves | 5 | 6 | 5 | 11 | 61 |
| 7 | 9 | 12 | 20 | 13 | |
| 18 | 18 | 16 | 26 | 35 | |
| Total Liabilities | 32 | 36 | 42 | 71 | 128 |
| 1 | 1 | 2 | 3 | 3 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 3 | 14 |
| 31 | 34 | 39 | 64 | 111 | |
| Total Assets | 32 | 36 | 42 | 71 | 128 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -4 | 1 | -1 | 1 | -12 | |
| -2 | -2 | -3 | -0 | -8 | |
| 4 | 1 | 4 | -0 | 27 | |
| Net Cash Flow | -1 | 0 | 0 | -0 | 7 |
| Free Cash Flow | -4 | -0 | -2 | -1 | -13 |
| CFO/OP | -114% | 36% | 10% | 28% | -34% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 32 | 86 | 78 | 104 | 110 |
| Inventory Days | 116 | 91 | 102 | 126 | 62 |
| Days Payable | 114 | 120 | 59 | 105 | 45 |
| Cash Conversion Cycle | 34 | 57 | 120 | 125 | 127 |
| Working Capital Days | 32 | 54 | 40 | 41 | 112 |
| ROCE % | 18% | 35% | 42% | 31% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Annual Operating Income INR Crore |
|
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| Number of Solar SPVs (Subsidiaries) Number |
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| Revenue Contribution - Civil Engineering / EPC % |
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| Revenue Contribution - Electrical EPC % |
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| Revenue Contribution - Real Estate Activities % |
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| Revenue Contribution from Top 3 States (Rajasthan, Kerala, Uttar Pradesh) % |
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Extracted by Screener AI
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
4 June 2026 - Audio recording of earnings call held on 3 June 2026 for half-year and year ended 31 March 2026 available online.
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Analysts/Institutional Investor Meet/Con. Call Updates
3 June 2026 - Submitted FY26 earnings call transcript; revenue rose 76% to Rs 160 crore, PAT up 49% to Rs 14 crore.
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General Updates
3 June 2026 - SMERA assigned Current Infraprojects SME 1 rating, valid Jun 2, 2026 to Jun 1, 2027.
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Disclosure under SEBI Takeover Regulations
2 June 2026 - Promoters and PAC confirmed no share encumbrance during FY ended 31 March 2026.
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Structural Digital Database
28 May 2026 - FY26 SDD compliance certificate filed; 9 events captured, with minor recording delays corrected.
Annual reports
Concalls
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Jun 2026TranscriptPPT
Service Capabilities[1][2]
Current Infraprojects Limited (CIPL) offers a range of services primarily in electrical infrastructure development and EPC (Engineering, Procurement & Construction) contracting.