Current Infraprojects IPO

Established Brand with Strong Experience: Current Infraprojects has more than a decade of experience in executing EPC projects, making it a trusted player in the infrastructure and renewable energy sector.

Diversified Business Portfolio: The company operates across multiple segments such as infrastructure, renewable energy, engineering consulting, and project management, reducing dependence on a single revenue stream.

Healthy Financial Performance: The company has consistently reported profits. For FY 2025, it posted a total income of Rs. 91.33 crore and a PAT of Rs. 9.45 crore, reflecting stable growth.

Geographical Presence Across India: With operations spread across 12 states, the company benefits from geographical diversification and access to multiple project opportunities.

Strong Client Relationships and Order Book: The company enjoys repeat business from reputed clients and maintains a strong order book, ensuring future revenue visibility.

High Working Capital Requirements: The business model requires significant working capital, which can put pressure on the company’s short-term liquidity.

Dependence on Government and Institutional Contracts: A large portion of revenue comes from government and institutional projects, which may be impacted by changes in policies or delays in clearances.

Moderate Debt Levels: The company has borrowings of Rs. 30.60 crore with a Debt-to-Equity ratio of 1.29. This level of leverage could impact financial flexibility.

Earnings Dilution Post IPO: The company’s EPS is expected to decline from Rs. 6.79 (pre-IPO) to Rs. 4.94 (post-IPO), which increases the P/E ratio to 16.19x, making valuations relatively higher.

Competitive Industry: The EPC and infrastructure space is highly competitive, with multiple players operating in the same domain, which could impact margins and market share.