Chavda Infra Ltd Q4 FY25 Earnings Analysis

Published 3 Jul 2026 | Construction | Market Cap: ₹439 Cr

Price

135

Market Cap

₹439 Cr

P/E Ratio

25.8

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does Chavda Infra Ltd rank in Construction?

Compare Chavda Infra Ltd against every Construction company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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Earnings Summary

Chavda Infra targets revenue growth beyond ₹300 crores in FY26, aiming for ₹300-350 crores overall. Chavda Infra targets consolidated revenue between ₹300 to ₹350 crores for FY26, indicating substantial top-line growth.

📊 Revenue & Sales Performance

Rank 3
  • Chavda Infra targets revenue growth beyond ₹300 crores in FY26, aiming for ₹300-350 crores overall.
  • The company expects to add at least ₹300 crores of new orders in FY26, with a bid pipeline of ₹600 crores and a conversion rate of 40-50%.
  • Execution cycle for these projects is estimated to be 2.5 to 3 years.
  • The order book as of now stands at ₹953 crores, providing a strong base for future revenue.
  • Expansion into other Tier I cities like Mumbai is planned once current projects stabilize, leveraging existing client relationships without compromising margins.
  • Industrial projects as a new segment are planned within 4-6 months, signaling diversification and additional growth avenues.
  • The company anticipates improved working capital and cash flow post a targeted ₹100 crore equity fundraise, which will enable aggressive project execution and growth.

📈 Profitability & Margins

Rank 3
  • Chavda Infra targets consolidated revenue between ₹300 to ₹350 crores for FY26, indicating substantial top-line growth.
  • EBITDA margins are expected to remain stable around 20-21%, supporting steady operating profitability.
  • PAT margins held steady at 8% in FY25, with a 12% YoY PAT growth; management expects continued PAT growth aligned with revenue expansion.
  • With the planned ₹100 crore equity raise, the company aims to improve working capital cycles and reduce interest costs, which should positively impact profitability and cash flows.
  • Expansion plans include increasing capacity and technology investments to support skyscraper projects, indicating long-term margin preservation.
  • Order book stands at ₹953 crores with a 40-50% conversion rate for new bids, targeting at least ₹300 crores order inflow in FY26 for sustained growth.
  • Execution timelines span 2.5 to 3 years, suggesting stable revenue recognition over coming years.
  • Management committed to delivering growth rather than just stating targets, emphasizing execution discipline.

🏗️ Capital Expenditure Plans

Yes
  • Chavda Infra is in an expansion mode and plans to invest aggressively in the business.
  • The company intends to buy certain equipment and machinery as part of this expansion.
  • Net block stood at ₹74 crores as of March 31, 2025, indicating prior capital expenditure.
  • The upcoming fundraising of up to ₹100 crores will partly be used to meet increased working capital requirements and invest in additional equipment.
  • The company is investing in technology to support construction of taller buildings (up to 200 meters) focusing on skyscraper technology.
  • There is a plan to diversify into the industrial segment within the next 4 to 6 months.
  • No new debt is planned; capital will be raised primarily through equity or equity-linked instruments to fund capex and smooth working capital.
  • The focus on technology and equipment aims at sustained growth over the coming 10 years.

💰 Fundraising & Capital Structure

Yes
  • Chavda Infra is planning a new fundraising of approximately ₹100 crores through equity or equity-linked instruments.
  • The capital raise aims to strengthen the financial position, support expansion plans, meet working capital needs, and invest in equipment.
  • Fundraising is expected to be a single tranche within 2 to 3 months; multiple rounds are not planned.
  • Promoters' participation in the fundraising is still being structured and not finalized.
  • Management confirmed no plans to raise additional debt; current debt stands at about ₹160 crores with an interest rate around 9%.
  • The goal of equity fundraising is to reduce debt, improve cash flow, and regularize the working capital cycle.
  • Debt is expected to decrease post-fundraising, improving profitability by lowering interest costs.

📋 Order Book & Pipeline

Yes
  • As of May 30, 2025, the outstanding unexecuted order book was ₹703 crores.
  • The order book composition: 41% residential, 51% commercial, and 8% institutional sectors.
  • Two new key projects awarded as the company entered FY26:
  • - Arvind Aqua City residential infrastructure worth ₹150 crores.
  • - Nirma Limited’s corporate house worth ₹73 crores.
  • Total outstanding unexecuted order book as on May 30, 2025, increased to ₹953 crores.
  • Existing order book execution cycle is typically between 2 to 3 years.
  • The company expects at least ₹300 crores of new orders in FY26 from a bid pipeline of ₹600 crores, with a conversion ratio of 40-50%.

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

Yes

Order Book

Yes

Frequently Asked Questions

What were Chavda Infra Ltd Q4 FY25 results?

Chavda Infra targets revenue growth beyond ₹300 crores in FY26, aiming for ₹300-350 crores overall. Chavda Infra targets consolidated revenue between ₹300 to ₹350 crores for FY26, indicating substantial top-line growth.

What is Chavda Infra Ltd share price analysis?

Chavda Infra Ltd currently shows a below-average growth signal. The stock trades at a P/E of 25.8 with a market cap of ₹439 Cr. Investors should review the full earnings analysis for detailed insights.

Is Chavda Infra Ltd planning capital expenditure?

Chavda Infra is in an expansion mode and plans to invest aggressively in the business.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

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