CURRENT
Current Infraprojects financials
- Market cap
- ₹157 Cr
- Sector
- Construction
- Calls analysed
- 1
CURRENT Q4 FY26
What went well
- Revenue from operations for FY26 grew by 76% to INR 160 Crores, supported by faster execution across utility infrastructure and EPC projects.
- Operating EBITDA for FY26 scaled by 58% to INR 23 Crores, with healthy margins at 14.5%.
- Consolidated PAT grew by 49% to INR 14 Crores, reflecting strong operating leverage and disciplined financial management.
What to watch
- Operating cash flow remained negative in FY26 due to the working capital cycle, including 45-60 day payment terms and stock at site.
- Raw material price increases due to geopolitical conditions impacted margins, particularly for gas, petrol, and diesel, though mitigated by fixed-rate contracts and price variation clauses for government projects.
What Current Infraprojects Ltd does
CURRENT Infraprojects is a national, multi-disciplinary EPC (engineering, procurement, construction) platform whose core activity is civil engineering/construction, supplemented by a small real-estate activity. It executes electrical and utility infrastructure works for state DISCOMs, including government RDSS mandates, and has diversified into solar and renewable energy through a RESCO (Renewable Energy Service Company) model, commissioning solar power plants via wholly-owned subsidiaries. The company maintains an in-house test facility and an in-house engineering team for project execution.
Segments
- Construction / Civil Engineering
- Real Estate
- Electrical Infrastructure & Utilities (EPC)
- Solar & Renewable (RESCO)
- Certified engineers
- 45+
- Business activities
- 2 (Construction/Civil Engineering; Real Estate)
- In-house test facility
- NABL-accredited MEC Test House
- Solar power subsidiaries (RESCO)
- 4 (Bolnada, Talabera, Ompura, Dhanbad Solar)
- States of operation
- 5 (Rajasthan, Kerala, Karnataka, Maharashtra, Tamil Nadu)
Guidance record · Q4 FY26
what the last two calls moved 4 tracked 0 delivered 0 missed 4 open- Revenue open said Q4 FY26 Promised: INR 200-250 crores for FY27 Q4 FY26: In the top line, what we are expecting is around INR 200 or 250 crores for FY27
All 4 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
| Line item | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|
| Revenue | 45 | 46 | 44 | 116 |
| EBITDA | 6 | 8 | 8 | 16 |
| Net profit | 4 | 6 | 4 | 10 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −36.9% 1Y
1Y: ₹129.5 on 10 Sept 2025 → ₹81.75. High ₹159.6 (18 Nov 2025), low ₹78.65 (9 Sept 2026).
How the price took the results
close before → close after
- Q4 FY26
- −5.3%
- 27 May
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Balance sheet
| Year ending | FY25 | FY26 |
|---|---|---|
| Equity capital | ₹19 Cr | ₹19 Cr |
| Reserves | ₹50 Cr | ₹61 Cr |
| Borrowings | ₹27 Cr | ₹33 Cr |
| Other liabilities | ₹9 Cr | ₹36 Cr |
| Total liabilities | ₹105 Cr | ₹149 Cr |
| Fixed assets | ₹25 Cr | ₹37 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr |
| Investments | ₹7 Cr | ₹6 Cr |
| Other assets | ₹72 Cr | ₹105 Cr |
| Total assets | ₹105 Cr | ₹149 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Mar 2026
Since Sep 2025, FIIs trimmed −3.34 pp while the public added +2.34 pp. The shareholder count shrank 13% to 333.
- Promoters
- 70.5%
- FIIs
- 4.0%
- DIIs
- 10.7%
- Public
- 14.8%
Since Sep 2025
- FIIs −3.34 pp
- Public +2.34 pp
- DIIs +0.98 pp
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- L7 Hitech Private Limited +2.31 pp 3.40% held
- Benani Capital- Benani Capital Scheme 1 AIF newly disclosed 1.17% held
- Aarth AIF Growth Fund AIF +0.44 pp 1.49% held
- Holani Venture Capital Fund- Holani Venture Capital Fund-I Mutual fund +0.27 pp 4.75% held
- Finavenue Capital Trust - Finavenue Growth Fund AIF +0.26 pp 2.27% held
- Sonika Singh newly disclosed 0.00% held
- tAKRITI SINGH newly disclosed 0.00% held
- tAYUSH KUMAR SINGH newly disclosed 0.00% held
The same filing shows 3 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Current Infraprojects Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Sujata Gangwar | 56.40% | unchanged |
| Satyavrat Singh | 7.05% | unchanged |
| Devvrath Singh | 7.05% | unchanged |
| Holani Venture Capital Fund- Holani Venture Capital Fund-I Mutual fund | 4.75% | +0.27 pp |
| L7 Hitech Private Limited | 3.40% | +2.31 pp |
| Meru Investment Fund Pcc-Cell 1 FPI fund | 2.46% | −0.80 pp |
| Finavenue Capital Trust - Finavenue Growth Fund AIF | 2.27% | +0.26 pp |
| Mint Focused Growth Fund Pcc- Cell 1 FPI fund | 1.50% | −1.52 pp |
| Aarth AIF Growth Fund AIF | 1.49% | +0.44 pp |
| Benani Capital- Benani Capital Scheme 1 AIF | 1.17% | newly disclosed |
| Sunil Singh Gangwar | 0.03% | unchanged |
| NBFCs registered with RBI NBFC / DFI | 0.01% | −0.66 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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