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Prices as of 8 Oct 2026 close · Not investment advice

SPML Infra Limited

NSE: SPMLINFRACivil Construction

Share price

₹153.72

-3.94% close of 8 Oct 2026

Market cap ₹1,307 CrP/E 15.4

Business score

How strong the business is, in one number. The parts behind it are in Pro.

54

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,307 Cr

P/E ratio

15.4

P/B ratio

1.3

ROCE

6.5%

ROE

8.3%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹247.4652-week low ₹153.72

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Jun 2020 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 0.0 times its growth rate, on earnings growth of 467%.

Profit growthPrice per ₹1 profitPer 1% growth
SPML Infra Limited — this one467%/yr15.4×—
Rail Vikas Nigam Limited-13%/yr43.4×—
Kalpataru Projects International Limited36%/yr21.4×₹0.60
IRB Infrastructure Developers Limited8%/yr21.6×₹2.7
NBCC (India) Limited13%/yr29.2×₹2.2
Cemindia Projects Limited68%/yr32.2×₹0.47

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Civil Construction), it ranks 68 of 89 on returns, 60 of 84 on growth, 65 of 90 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 6.5% on capital, ahead of 24% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹397 crore of cash from the business, spent ₹87 crore on plant and equipment, and returned ₹387 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 1018 arrived as cash — well above the profit, more than depreciation and interest account for, so do not count on it repeating. Its cash comes back more slowly than it used to: it went from being waiting 32 days for its cash to waiting 159 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 9 checks clear · 56%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 12 Aug 2026 · Consolidated · Unaudited

Revenue

₹284 Cr

Revenue vs last year

+82.2%

Revenue vs last quarter

-2.3%

Net profit

₹23 Cr

Profit vs last year

+89.0%

Profit vs last quarter

-16.0%

Net margin

8.0%

EPS

₹2.74

Earnings call transcript · 17 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,307 Cr
Prev close
₹153.72
52w High
₹247
52w Low
₹151
Enterprise value
₹1,498 Cr
Beta
1.4
Price CAGR 1y
-35.0%
Price CAGR 3y
45.0%
Price CAGR 5y
74.0%
Price CAGR 10y
9.0%

Ratios

Return on assets
3.3%
PEG ratio
0.0
P/E ratio
15.4
P/B ratio
1.3
EV / EBITDA
18.0
Industry P/E
15.6
ROCE
6.5%
ROCE 5y average
4.0%
ROE
8.3%
Debt / Equity
0.4
Interest coverage
10.4
Dividend yield
0.0%
ROE 3y average
6.0%
ROE last year
8.0%

Annual P&L

Annual revenue
₹868 Cr
Annual profit
₹75 Cr
Operating margin
8.0%
Net profit margin
8.6%
EBITDA margin
7.5%
Sales growth 3y
-0.6%
Sales growth 5y
4.9%
Profit growth 3y
467.0%
Profit growth 5y
55.0%
EPS
₹9.5
Sales growth TTM
38.0%
Profit growth TTM
81.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹284 Cr
Profit latest quarter
₹23 Cr
YoY quarterly sales growth
82.3%
YoY quarterly profit growth
91.7%
OPM latest quarter
9.4%

Balance Sheet

Book Value
₹112
Face Value
₹2.0
Total debt
₹358 Cr
Total cash
₹167 Cr
Borrowings
₹358 Cr
Reserves / Equity
54.8

Cash Flow

Operating cash flow
-₹113 Cr
Free cash flow
-₹179 Cr
FCF yield
-14.3%
Net cash flow
-₹66 Cr

Shareholding

Promoter holding
40.5%
FII holding
0.4%
DII holding
1.8%
Public holding
57.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Larsen & Toubro3,636.0028.45,00,2751.044,988.014.067,941.76.714.6
Rail Vikas189.8044.039,5740.87159.518.54,321.210.610.8
Kalpataru Proj.1,431.2022.024,4410.75311.545.16,408.03.818.3
IRB Infra.Devl.17.7021.721,3780.87306.351.32,137.31.87.5
NBCC74.7829.520,1911.30158.017.22,259.5-5.529.3
Cemindia Project1,165.8033.420,0270.24140.82.62,720.95.632.8
Engineers India290.1020.816,3051.80157.9141.5819.8-5.830.4
SPML Infra153.7515.31,3040.0022.787.1284.382.36.5
Median126.6515.96130.0010.617.7171.911.015.5

Competes with: Cemindia Projects Limited, Central Mine Planning & Design Institute Limited, Engineers India Limited, IRB Infrastructure Developers Limited, Ircon International Limited, KEC International Limited, Kalpataru Projects International Limited, Larsen & Toubro, NBCC (India) Limited, Rail Vikas Nigam Limited, Techno Electric & Engineering Company Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales352254252461207189188189156190230291284
Expenses353254256444195176178179149179205270257
Material Cost133159187239232
Change in Inventories00000
Purchases of Stock-in-Trade00000
Employee Cost7.137.398.638.5710
Other Expenses8.67139.682215
Operating Profit-10-41812131010711252027
OPM %-0.280.08-1.403.815.566.805.145.454.625.87116.919.44
Other Income539291512412178131
Exceptional items (within Other Income)00000
Interest2235010911090525
Depreciation1111000000111
Profit before tax112-4161612131519202023
Tax %186840-7191718419210-330
Net Profit001-4131310121215202723
EPS in Rs0.090.070.23-1.812.182.201.401.681.692.102.663.452.70
Diluted EPS in Rs1.441.792.463.142.70

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,8242,0352,2762,0492,0121,7066839528831,319771868995
Expenses1,6721,8332,1001,8331,8431,6306909478541,301728803912
Material Cost718
Change in Inventories0
Purchases of Stock-in-Trade0
Employee Cost32
Other Expenses53
Operating Profit15220217621716976-752918496583
OPM %81081184.50-1.100.503.301.40688
Other Income8353997368112-43302841121915
Exceptional items (within Other Income)0
Interest198225260214161157673350574812
Depreciation2427211711116432.370.9123
Profit before tax133-6606521-123-23-0.23577582
Tax %69361-100193871-4-6588600150
Net Profit2-11-450407-11700-1.61487585
EPS in Rs0.26-1.63-2.3314111.80-320.080.09-1.426.709.4711
Diluted EPS in Rs9.33
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
-8%
5 years
5%
3 years
-1%
TTM
38%

Compounded profit growth

10 years
22%
5 years
55%
3 years
467%
TTM
81%

Stock price CAGR

10 years
9%
5 years
74%
3 years
45%
1 year
-35%

Return on equity

10 years
4%
5 years
5%
3 years
6%
Last year
8%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8888888910111517
Reserves464460372457412376254277315450755932
Borrowings8421,2061,2361,4061,4461,5281,8441,8461,771549369358
Other Liabilities1,3891,5801,3821,4961,6301,086615667696883828990
Total Liabilities2,7033,2532,9983,3673,4962,9982,7202,7992,7931,8921,9672,296
Fixed Assets31964330830329112211713312942643
CWIP8796544846565656560064
Investments180142194152172119706559383936
Other Assets2,1162,3722,4422,8632,9862,7012,4782,5452,5491,8121,9222,154
Total Assets2,7033,2532,9983,3673,4962,9982,7202,7992,7931,8921,9672,296

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity258295-161234178-3-302-1920594-84-113
Cash from Investing Activity-69998978325991364623-90-2
Cash from Financing Activity-182-39069-330-168-273231-16-87-4107749
Net Cash Flow74-3-1812-17191-21208-99-66
Free Cash Flow240303-160229148157-300-1630561-86-179

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days141166104116123100651468190112186216
Inventory Days132320271920155153549136287414
Days Payable2313462503302682008427152,5811,3172,7352,084
Cash Conversion Cycle-77-156-125-188-126-80-36-94-1,842-1,070-2,262-1,454
Working Capital Days-76-40-85-3-14515322530116159
ROCE %14151515119313466

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 31 Jul 2026
Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Jul 2026
Promoters393936363535353538404141
FIIs00.410.590.970.760.700.340.270.150.360.330.39
DIIs2.342.341.931.931.721.701.761.981.791.891.821.84
Public585862616362636360585757
No. of Shareholders9,6199,50610,36513,34714,08114,21415,78420,78820,59022,44226,07926,036

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -34.8% (₹235.72 → ₹153.72)Brick size ₹6.64 (fixed)Bricks 56
₹175₹200₹225₹154Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹153.72 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

191inr_cr

2026-03-31

order book, Rs crore

5,094inr_cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

67.67cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about SPML Infra Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Depends on the price of

  • cement
  • steel

Sells to

  • NTPC Limited · EPC — 250MW/1000MWh BESS at Barauni (Rs 1,128 Cr) + power/water infra
  • Power Grid Corporation · power transmission & distribution EPC (substations, T&D lines)

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Construction
Industry
Civil Construction
Classification
Construction › Civil Construction
ISIN
INE937A01023

Business segments

  • EPC · 100%

News impact

Big market events that reach SPML Infra Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

26 Sep 2011unspecified₹0.5
27 Sep 2010unspecified₹0.8

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.