Capacite InfraProjects Ltd - Q3 FY21 Result Update - YES Securities
Posted On:
(Rating: BUY, TP: Rs 251, Upside 18%)
- Our View - The strong pick up in execution in key private sector projects and increasing contribution from CIDCO project would drive execution going forward. Margins are likely to stay elevated with strong cost control and economies of scale flowing in. With execution expected to pick up faster than expected, we increase our estimates for FY22. We roll forward our estimates to FY23 and retain our BUY rating on the stock for target price of Rs.251 (8x FY23 EPS). We believe the strategy to focus on Balance sheet control and managing receivables would augur well for the Company.
GPT Infraprojects Ltd Q3FY21 consolidated PAT at Rs. 4.93 crore
Posted On:
GPT INFRAPROJECTS LTD. has reported financial results for the period ended December 31, 2020.
Financial Results (Q3 FY20-21) - QoQ Comparison
The company has reported total income of Rs.171.23 crores during the period ended December 31, 2020 as compared to Rs.146.07 crores during the period ended September 30, 2020.
The company has posted net profit / (loss) of Rs.4.93 crores for the period ended December 31, 2020 as against net profit / (loss) of Rs.5.20 crores for the period ended September 30, 2020.
The company has reported EPS of Rs.1.70 for the period ended December 31, 2020 as compared to Rs.1.79 for the period ended September 30, 2020.