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So my question is regarding the contract assets. So if we look at our peers like Ahluwalia or PSP, contract assets as a percentage of revenues are about 14% to 15%, whereas ours are about 50% to 55%. So can you help me understand why are our contract assets much higher than them? And what percentage of these are normal unbilled revenues versus how much of them are under stress?
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Got it, sir. So I mean, unbilled revenues plus receivables for them are between 35% to 45% of revenues. But -- so I mean, what efforts or what steps are we taking to reduce these contract assets? Is it that we will be changing our accounting standards? Or is it that it's, I mean, stuck by -- I mean, money is stuck by a few clients which -- who will be expected to clear them.
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Analyst questions
Gunit Singh
Cyclical PMS
1Call
1Company
CAPACITE
All company callsCapacit'e Infraprojects Limited
Capacit'e Infraprojects Limited
10 Aug 2026