SPML Infra Limited

BSE: SPMLINFRA500402ISIN INE937A01023

Industrials
Civil Construction
BSE Industrials

Share price

₹138.70+2.45 (+1.80%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹234.95
52W low: ₹123.90
Off 52W high: -40.97%
1M return: -12.44%
3M return: -29.52%
6M return: -37.80%
1Y return: -40.55%
20D avg volume: 10,806
50 DMA: ₹160.18
200 DMA: ₹182.65

Key ratios Consolidated

Market cap: ₹1,177 Cr
Current price: ₹138.70
52W high / low: ₹234.95 / ₹123.90
Face value: ₹2.00
P/E: 13.81
P/B: —
EPS (TTM): ₹10.05
Book value / share: —
ROE: —
ROCE: 5.50%
Operating margin: —
Net margin: —
Debt / equity: 0.37
Net debt: ₹282.84 Cr
Interest cover: 10.50
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 5.6 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	284.28	290.51	229.76	187.76	155.91	189.03	186.27	188.57	206.76	461.20	252.24	253.90
	1.39	3.40	1.38	10.80	17.03	11.79	14.41	12.18	15.08	26.64	8.70	3.04
	285.67	293.90	231.14	198.56	172.94	200.81	200.68	200.76	221.84	487.85	260.93	256.94
	262.97	272.93	210.79	179.56	158.00	188.87	188.52	185.00	205.88	494.34	259.07	255.83
	231.70	239.25	186.66	158.93	132.88	162.74	160.90	158.18	180.73	205.13	238.43	239.17
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	10.49	8.57	8.63	7.39	7.13	6.77	5.95	5.93	6.52	5.61	6.27	6.16
	4.98	1.69	5.31	0.40	9.20	9.95	10.21	8.99	10.29	50.15	2.75	1.52
	0.58	1.36	0.52	0.20	0.11	0.19	0.11	0.27	0.33	0.55	0.54	0.62
	15.21	22.06	9.68	12.63	8.67	9.22	11.35	11.64	8.00	232.91	11.09	8.36
	22.70	20.97	20.34	19.00	14.94	11.94	12.16	15.76	15.97	-6.50	1.86	1.10
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.93	0.00	0.00
	22.70	20.97	20.34	19.00	14.94	11.94	12.16	15.76	15.97	-4.56	1.86	1.10
	0.00	-6.77	0.00	3.97	2.80	0.53	2.25	2.72	3.07	0.26	0.76	0.78
	22.68	27.18	20.34	15.04	12.12	12.01	9.91	13.06	12.92	-3.56	1.14	0.37
	2.74	3.39	2.75	2.10	1.69	1.15	1.20	2.48	2.58	-1.81	0.23	0.07
Key metrics
	28.26	24.02	26.17	19.60	24.25	22.08	22.48	25.02	26.59	46.14	5.15	3.24
	9.90%	8.30%	11.40%	10.40%	15.60%	11.70%	12.10%	13.30%	12.90%	10.00%	2.00%	1.30%
	8.00%	9.40%	8.90%	8.00%	7.80%	6.40%	5.30%	6.90%	6.20%	-0.80%	0.50%	0.10%
	—	1.50%	—	1.40%	—	1.60%	—	—	—	—	—	—
	82.30%	53.70%	23.30%	-0.40%	-24.60%	-59.00%	-26.20%	-25.70%	—	—	—	—
	87.10%	126.30%	105.20%	15.20%	-6.20%	437.40%	769.30%	3,429.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	992.31	868.46	770.64	1,319	883.14	951.77
	16.97	19.40	53.46	43.05	27.54	29.34
	1,009	887.86	824.09	1,362	910.68	981.11
	926.25	812.61	768.27	1,365	907.79	983.04
	816.54	717.72	662.55	1,020	770.03	839.76
	0.00	0.00	0.00	—	—	—
	35.08	31.73	25.16	24.34	26.83	28.21
	12.38	7.92	39.44	56.92	50.26	32.88
	2.66	2.19	0.91	2.37	3.19	4.01
	59.58	53.04	40.21	261.79	57.48	78.18
	83.01	75.25	55.83	-2.98	2.89	-1.93
	0.00	0.00	0.00	1.93	0.00	0.00
	83.01	75.25	55.83	-1.05	2.89	-1.93
	-2.80	0.00	8.58	1.38	2.59	1.12
	85.24	74.68	47.93	-1.61	0.34	-0.14
	10.98	10.14	7.61	-1.42	0.08	0.09
Key metrics
	98.05	85.36	96.18	58.24	56.34	34.96
	9.88%	9.80%	12.50%	4.40%	6.40%	3.70%
	8.59%	8.60%	6.20%	-0.10%	0.00%	0.00%
	—	5.50%	6.90%	—	—	—
	37.86%	12.70%	-41.60%	49.40%	-7.20%	—
	80.98%	55.80%	3,077.00%	-573.50%	342.90%	—
	—	-178.96	-84.97	—	—	—
	—	-1.51	-1.76	—	—	—
	—	0.37	0.48	—	—	—
	—	282.84	239.20	—	—	—
	—	5.6	-15.1	—	—	—
Balance sheet
	—	2,296	1,967	—	—	—
	—	1,328	1,040	—	—	—
	—	63.56	129.44	—	—	—
	—	513.79	395.84	—	—	—
	—	124.02	50.05	—	—	—
	—	399.17	258.78	—	—	—
	—	39.28	2.59	—	—	—
	—	624.38	477.74	—	—	—
	—	782.90	584.96	—	—	—
	—	346.40	368.64	—	—	—
	—	41.25	30.40	—	—	—
	—	305.15	338.24	—	—	—
	—	948.16	770.14	—	—	—
Cash flow
	—	-112.53	-84.40	—	—	—
	—	-32.22	-90.50	—	—	—
	—	78.88	76.26	—	—	—
	—	66.43	0.57	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	284.28	290.51	229.76	187.76	155.91	189.03	186.27	188.57	206.76	463.19	251.52	253.38
	1.39	3.40	1.38	10.80	17.03	11.72	14.41	12.18	14.54	1.03	7.56	0.58
	285.67	293.90	231.14	198.56	172.94	200.75	200.68	200.76	221.30	464.21	259.08	253.96
	262.97	272.30	210.66	179.33	157.99	188.40	188.02	184.04	205.17	448.58	257.38	253.29
	231.70	239.25	186.66	158.93	132.88	162.74	160.90	158.17	180.73	205.21	238.31	236.60
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	10.49	8.57	8.62	7.40	7.13	6.75	5.95	5.92	6.50	5.57	6.11	6.12
	4.98	1.69	5.31	0.40	9.20	9.95	10.21	8.99	10.28	50.24	2.58	1.50
	0.58	1.36	0.52	0.20	0.11	0.19	0.11	0.27	0.30	0.44	0.51	0.55
	15.21	21.43	9.56	12.40	8.67	8.77	10.84	10.68	7.36	187.12	9.86	8.52
	22.70	21.61	20.47	19.23	14.95	12.35	12.66	16.72	16.13	15.63	1.70	0.67
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	1.93	—	—
	22.70	21.61	20.47	19.23	14.95	12.35	12.66	16.72	16.13	17.57	1.70	0.67
	0.00	6.77	0.00	3.97	2.80	0.53	2.25	2.72	3.08	0.23	0.72	0.14
	22.70	28.38	20.47	15.25	12.15	11.81	10.41	14.00	13.05	17.33	0.98	0.53
	2.74	3.54	2.75	2.13	1.70	1.12	1.26	2.66	2.61	3.54	0.20	0.11
Key metrics
	28.26	24.66	26.30	19.83	24.26	22.49	22.98	25.98	26.71	68.25	4.79	2.72
	9.90%	8.50%	11.40%	10.60%	15.60%	11.90%	12.30%	13.80%	12.90%	14.70%	1.90%	1.10%
	8.00%	9.80%	8.90%	8.10%	7.80%	6.20%	5.60%	7.40%	6.30%	3.70%	0.40%	0.20%
	—	1.50%	—	1.30%	—	1.50%	—	—	—	—	—	—
	82.30%	53.70%	23.30%	-0.40%	-24.60%	-59.20%	-25.90%	-25.60%	—	—	—	—
	86.80%	140.30%	96.60%	8.90%	-6.90%	-31.90%	962.20%	2,541.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	992.31	868.46	770.64	1,318	877.80	853.10
	16.97	19.40	52.85	12.93	19.31	17.00
	1,009	887.86	823.49	1,331	897.11	870.10
	925.26	811.61	765.63	1,313	894.45	861.24
	816.54	717.72	662.54	1,015	764.78	741.26
	0.00	0.00	0.00	—	—	—
	35.08	31.72	25.12	24.07	26.48	27.72
	12.38	7.92	39.43	56.79	49.83	32.28
	2.66	2.19	0.88	2.08	2.98	3.90
	58.60	52.06	37.65	214.77	50.38	56.08
	84.01	76.25	57.86	18.79	2.66	8.86
	0.00	0.00	0.00	1.93	—	—
	84.01	76.25	57.86	20.72	2.66	8.86
	10.74	0.00	8.58	1.21	0.55	1.12
	86.80	76.25	49.28	19.52	2.11	9.98
	11.16	10.36	7.83	3.98	0.44	2.68
Key metrics
	99.05	86.36	98.17	79.59	55.47	45.04
	9.98%	9.90%	12.70%	6.00%	6.30%	5.30%
	8.75%	8.80%	6.40%	1.50%	0.20%	1.20%
	—	5.40%	6.80%	—	—	—
	37.86%	12.70%	-41.50%	50.20%	2.90%	—
	79.45%	54.70%	152.50%	825.10%	-78.90%	—
	—	-133.26	-73.59	—	—	—
	—	-0.92	-1.48	—	—	—
	—	0.35	0.46	—	—	—
	—	282.21	249.25	—	—	—
	—	2.7	-15.1	—	—	—
Balance sheet
	—	2,256	1,928	—	—	—
	—	1,211	923.30	—	—	—
	—	63.41	129.30	—	—	—
	—	417.50	299.55	—	—	—
	—	124.02	50.05	—	—	—
	—	379.09	239.20	—	—	—
	—	39.28	2.59	—	—	—
	—	535.09	381.45	—	—	—
	—	692.34	487.40	—	—	—
	—	345.62	378.55	—	—	—
	—	41.25	30.40	—	—	—
	—	304.37	348.15	—	—	—
	—	998.85	819.25	—	—	—
Cash flow
	—	-70.34	-73.04	—	—	—
	—	-26.78	-103.09	—	—	—
	—	31.22	78.70	—	—	—
	—	62.92	0.55	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -0.36%
Sales CAGR 5Y: —
Profit CAGR 3Y: +230.61%
Profit CAGR 5Y: —
Sales YoY (TTM): +37.86%
Profit YoY (TTM): +79.45%

Consolidated

Sales CAGR 3Y: -0.56%
Sales CAGR 5Y: —
Profit CAGR 3Y: +503.36%
Profit CAGR 5Y: —
Sales YoY (TTM): +37.86%
Profit YoY (TTM): +80.98%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 40.52%

Quarter	September 2026	June 2026
Promoter %	40.52%	40.52%

Holder	Type	Holding	Previous	Change
ZOOM INDUSTRIAL SERVICES LTD	Promoter Group	17.20%	17.20%	0.00%
NATIONAL ASSET RECONSTRUCTION COMPANY LIMITED	Public	12.87%	12.87%	0.00%
NIRAL ENTERPRISES PRIVATE LIMITED	Promoter Group	8.95%	8.95%	0.00%
SPML INDIA LIMITED	Promoter Group	7.84%	7.84%	0.00%
ADD REALTY LIMITED	Public	2.24%	—	—
ANIL KUMAR SETHI	Public	2.09%	2.09%	0.00%
SUBHASH CHAND SETHI	Promoter	2.01%	2.01%	0.00%
PROCHETA CONSULTANTS PRIVATE LIMITED	Public	1.86%	1.86%	0.00%
KEDIA SECURITIES PRIVATE LIMITED	Public	1.77%	1.77%	0.00%
SUSHIL KUMAR SETHI	Promoter	1.59%	1.59%	0.00%
ICICI BANK	Public	1.35%	1.35%	0.00%
20TH CENTURY ENGINEERING LIMITED	Promoter Group	1.18%	1.18%	0.00%
SHAKTI FINVEST PRIVATE LIMITED	Public	1.10%	1.10%	0.00%
PUNAM CHAND SETHI	Promoter Group	1.02%	1.02%	0.00%
ARIHANT LEASING AND HOLDING LIMITED	Promoter Group	0.51%	0.51%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Larsen & Toubro Limited	5,41,567	3,936.05	25.92	13.20%	+11.15% TTM	+9.38% TTM	+0.38%
Rail Vikas Nigam Limited	39,866	191.20	44.50	10.30%	+5.40% TTM	-24.84% TTM	-41.30%
Cemindia Projects Limited	24,136	1,308.75	40.12	40.00%	+10.02% TTM	+46.60% TTM	+51.63%
KALPATARU PROJECTS INTERNATIONAL LIMITED	23,312	1,365.10	20.66	20.50%	+14.56% TTM	+61.94% TTM	+3.93%
NBCC (India) Limited	21,006	77.80	27.44	29.70%	+3.51% TTM	+30.78% TTM	-31.72%
IRB Infrastructure Developers Limited	20,303	16.81	21.28	6.00%	-2.20% TTM	-85.42% TTM	-24.80%
Engineers India Ltd.	16,901	300.70	18.83	26.60%	+6.00% TTM	+66.97% TTM	+52.21%
Techno Electric & Engineering Company Limited	10,302	885.80	23.90	12.80%	+38.72% TTM	-6.49% TTM	-32.09%
IRCON International Ltd	9,717	103.32	20.09	7.30%	-2.58% TTM	-19.18% TTM	-38.54%
RITES Limited	9,470	197.05	20.53	18.30%	+10.59% TTM	-0.32% TTM	-20.93%
Welspun Enterprises Limited	9,395	678.75	27.00	14.60%	+0.63% TTM	+0.78% TTM	+20.42%
KEC International Ltd.	8,554	321.35	20.24	20.30%	-1.94% TTM	-38.14% TTM	-60.26%
Afcons Infrastructure Limited	7,768	211.20	54.08	11.60%	-11.87% TTM	-73.03% TTM	-52.52%
NCC Limited	7,616	121.30	10.18	17.50%	-1.81% TTM	-12.01% TTM	-41.04%
G R Infraprojects Limited	7,422	767.10	7.31	12.50%	+25.06% TTM	-7.95% TTM	-33.27%
Power Mech Projects Limited	7,111	2,249.10	16.91	21.20%	+15.79% TTM	+14.76% TTM	-8.84%
Ceigall India Limited	6,957	399.35	21.65	17.60%	+20.31% TTM	+23.56% TTM	+60.28%
ISGEC Heavy Engineering Limited	6,942	944.10	27.43	10.50%	+21.43% TTM	+17.19% TTM	+7.10%
Dilip Buildcon Limited	6,485	399.20	5.17	22.20%	-18.82% TTM	+29.15% TTM	-21.95%
Hindustan Construction Co. Ltd.	4,904	18.72	29.56	17.20%	-20.64% TTM	+0.03% TTM	—
LCC PROJECTS LIMITED	3,925	135.50	13.85 FY26	—	+23.37% FY26	+28.09% FY26	—
Ahluwalia Contracts (India) Ltd	3,555	530.75	15.80	15.80%	+12.00% TTM	+1.04% TTM	-42.18%
STERLING AND WILSON RENEWABLE ENERGY LIMITED	3,509	150.25	16.46	-9.60%	-9.04% TTM	+158.14% TTM	-36.00%
PNC Infratech Limited	3,293	128.35	5.22	13.50%	+1.82% TTM	-21.49% TTM	-54.49%
Vindhya Telelinks Ltd.	3,242	2,735.95	13.67	4.00%	-17.53% TTM	+2.25% TTM	+99.79%
SPML Infra Limited	1,177	138.70	13.81	5.50%	+37.86% TTM	+80.98% TTM	-40.55%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

SPML Infra Limited has obtained orders worth Rs. 186.41 Crore from Power Grid Corporation of India Limited4 Nov 2026 · Company Update / Award of Order / Receipt of Order
SPML Infra Limited has obtained orders worth Rs. 186.41 Crore from Power Grid Corporation of India Limited4 Nov 2026 · Company Update / Press Release / Media Release
Newspaper publication3 Nov 2026 · Company Update / Newspaper Publication
SPML Infra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2026 ,inter alia, to consider and approve The Un-Audited Standalone and Consolidated ....3 Nov 2026 · Board Meeting / Board Meeting
Detail attached in the attachment17 Oct 2026 · Company Update / General
Compliance Certificate under reg 74(5) for Quarter ended 30th September 202614 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
AGM voting result with Scrutinizer report25 Sep 2026 · AGM/EGM / AGM
Proceedings of 45th Annual General meeting of the Company25 Sep 2026 · AGM/EGM / AGM
Intimation of Trading Window closure24 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Analyst/investor meet21 Sep 2026 · Company Update / Analyst / Investor Meet
SPML Infra Limited has developed with its proprietary 104.4 kwh battery pack under its own intellectual property4 Sep 2026 · Company Update / Press Release / Media Release
In terms of the Regulation 36 (1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform that a letter providing weblink for accessing ....3 Sep 2026 · Company Update / General
Newspaper publication for Special Window for re-lodgement of transfer of physical securities.3 Sep 2026 · Company Update / Newspaper Publication
Newspaper publication for 45th AGM Notice3 Sep 2026 · Company Update / Newspaper Publication
Investor meet intimation2 Sep 2026 · Company Update / Analyst / Investor Meet
Investor meet intimation2 Sep 2026 · Company Update / Analyst / Investor Meet
Annual Report2 Sep 2026 · Others / Reg. 34 (1) Annual Report
45th Annual General Meeting to be held on 25th September 2026 at 11.00 AM2 Sep 2026 · AGM/EGM / AGM
Newspaper Advertisement for pre-dispatch of notice of AGM31 Aug 2026 · Company Update / Newspaper Publication
Postal ballot Scrutinizer Report29 Aug 2026 · AGM/EGM / Postal Ballot
Postal ballot outcome with voting result and scrutinizer report29 Aug 2026 · AGM/EGM / Postal Ballot
Earnings call transcript20 Aug 2026 · Company Update / Earnings Call Transcript
Earnings call outcome with link of recording17 Aug 2026 · Company Update / Analyst / Investor Meet
Earnings call transcript for Q1 of Financial year 2026-2717 Aug 2026 · Company Update / Earnings Call Transcript
Investor presentation14 Aug 2026 · Company Update / Investor Presentation
Monitoring Agency Report13 Aug 2026 · Company Update / Monitoring Agency Report
Newspaper publication for the Un-Audited financial result for Quarter ended 30th June 202613 Aug 2026 · Company Update / Newspaper Publication
SPML Infra Ltd. Q1 FY 27 Revenue rises 74% to Rs. 86 Crore; PAT jumps 87% to 22.7 Crore13 Aug 2026 · Company Update / Press Release / Media Release
Result for the Quarter ended 30th June 202612 Aug 2026 · Result / Financial Results
Re-appointment of Mr. Rajeev Kumar Jain Non-Executive Independent Director12 Aug 2026 · Company Update / Change in Management
Unaudited Financial result for quarter ended 30th June 202612 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Earnings call for Quarter 1 of Financial year 2026-2710 Aug 2026 · Company Update / Analyst / Investor Meet
SPML Infra Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve and take on record the Un-Audited ....5 Aug 2026 · Board Meeting / Board Meeting
Newspaper publication for postal ballot notice28 Jul 2026 · Company Update / Newspaper Publication
Intimation of Postal Ballot notice27 Jul 2026 · AGM/EGM / Postal Ballot
Assignment and Reaffirmation of Credit Rating23 Jul 2026 · Company Update / Credit Rating
Intimation for allotment of 6,93,999 Equity shares and 95,39,449 warrants18 Jul 2026 · Company Update / Allotment of Equity Shares
Compliance Certificate U/R 74(5) for Quarter ended 30th June 202613 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Newspaper publication4 Jul 2026 · Company Update / Newspaper Publication
Upgradation and Assignment of Credit Rating3 Jul 2026 · Company Update / Credit Rating

Board meetings

12 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results